Word: short-term
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...faced debt problems of such magnitude. The agency, which has 146 member countries and a staff of 1,600, including 750 economists, has spent most of its time since its founding in 1945 in relative obscurity. As the international lender of last resort, the IMF grants short-term loans for three to five years from its $35 billion lending pool to help nations finance temporary trade imbalances. The IMF deals with rich and poor countries alike. In the mid-1960s, for example, Britain borrowed some $3 billion to deal with its severe balance of payments problems...
...American companies. Even if Harvard could get all the companies in which it is invested in South Africa to implement the Sullivan (or similar) principles--something that we have never succeeded in doing--we would still "ameliorate" the lives of less than I percent of the black population. This short-term amelioration for a fractional few must be set against the support which the presence of American companies in South Africa provides to the regime. We know the critical importance which the South African regime attaches to the legitimizing support which the presence of American companies presently provides...
...away from tax shelters and channel more of their money into conventional investments. As a result, the taxable income of the wealthy should rise, and they may wind up paying more to Uncle Sam than they did before tax rates were slashed. Says Gilder: "This is the most confident short-term prediction of supply-side economics...
...will have to satisfy the IMF that it will put in place an economic adjustment program to cut government spending and curb its 400% inflation rate. As soon as Argentina and the IMF sign a preliminary agreement, which may take a month, the U.S. Treasury will give Argentina a short-term $300 million loan; it will be used to repay the four other Latin American countries that took part in the bailout. The IMF'S executive board will then examine the Argentine economic plan. If it approves the program, new loans will be authorized, and the U.S. Treasury will...
...Reagan's nominee for Attorney General; James Baker and Michael Deaver, who together manage the White House staff and channel advice to the President; and Secretary of Defense Caspar Weinberger. While Haig starkly portrays the President's men as amateurs in foreign policy who care only about its short-term domestic political implications, he praises Ronald Reagan for sound instincts, and his criticism of the President is, for the most part, oblique. Nonetheless, he strongly implies that Reagan also became part of the problem by siding too readily with his "chums" in skirmishes over policy, presiding over an "incoherent" national...