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...freeze payment on foreign debts, even though such moves endanger the profitability and, eventually, the stability of financial institutions. With debts of all borrowing countries to foreign banks now totaling $600 billion, the Polish crisis has raised new fears about the ability of many hat-in-hand nations to repay their loans. Turkey, for example, would be virtually insolvent without West German assistance. Among the developing countries, Brazil has run up the largest foreign debt, about $57 billion, mostly to pay for OPEC oil. The crushing debt has hindered Brazil's attempts to expand its industrial base...

Author: /time Magazine | Title: Business: Lending to Communist Nations | 12/1/1980 | See Source »

...safe state of Iowa and campaign for Congressman Thomas Tauke, who had endorsed Bush on the eve of the Iowa caucuses that rocketed Bush to national renown in January. Much as Bush may have to stay under wraps, the vice presidency will give him many more chances to repay such past favors, rebuild the network of supporters he established during two years of arduous campaigning for the 1980 nominations, and otherwise prepare for a renewed White House...

Author: /time Magazine | Title: Nation: A Determined Second Fiddle | 11/17/1980 | See Source »

Some say Harvard has no real responsibility to the city, that it is an independent entity accountable only to its educational mission. More realistically, that mission has been mishandled in such a way as to create havoc in the city, a debt the University must repay. But even if Harvard has no desire to work together with the city, Cambridge's new-found power gives the University incentive. Harvard must change its ways or have the city change them...

Author: NO WRITER ATTRIBUTED | Title: An Agenda for the Year | 9/15/1980 | See Source »

Jane E. Barry, budget analyst in the office of budgets, said last week the Faculty will repay the Corporation after the Campaign funds come in. "Everybody agrees that there's a reasonable expectation that the money will come--it's a smoothing kind of thing the Corporation is trying to do now," she added...

Author: By Nancy F. Bauer, | Title: Faculty's Budget Registers Surplus | 9/15/1980 | See Source »

Some say Harvard has no real responsibility to the city, that it is an independent entity accountable only to its educational mission. More realistically, that mission has been mishandled in such a way as to create havoc in the city, a debt the University must repay. But even if Harvard has no desire to work together with the city, Cambridge's new-found power gives the University incentive. Harvard must change its ways or have the city change them...

Author: NO WRITER ATTRIBUTED | Title: An Agenda for the Year | 9/10/1980 | See Source »

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