Word: suspender
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...week began, Ecuador proclaimed that it was suspending payments on part of its $6.7 billion debt. Though Ecuador's loans are small in relation to the $350 billion owed by Latin America as a whole, the announcement was disturbing because the country seemed to be playing a me-too game. Less than a week earlier, Bolivia had said it would suspend interest payments on some of its $3.4 billion debt. Some bankers feared that this defiance could keep spreading to other countries...
...Continental Illinois Bank. The bank revealed last week the stringent terms that it had been forced to accept to receive an emergency $1.5 billion loan from the Federal Deposit Insurance Corp. The FDIC insisted that it have the power to fire Continental directors, that the bank suspend its 50?-per-share quarterly dividend payment and that the bank's officials refrain from giving themselves large severance bonuses, known as golden parachutes, in the event another financial institution takes over Continental...
Bolivia announces it will suspend payment of its foreign debt
...Peru, has warned, "One of the smaller Latin American countries defaulting could set off a chain reaction." Last week Bolivia, though a mere mouse of a debtor by international standards, looked as if it could be the mouse that roared. The economically ailing country said that it will temporarily suspend repayment of its $3.4 billion in foreign loans, including some $680 million owed to Western banks. In announcing that move, however, Bolivia stressed that it intends to renegotiate rather than walk away from its debt...
...time for the funny aside, the wittily telling detail. He and the visual-effects director, Richard Edlund, also have the sense to let the special effects look just a little tacky, so they provide a comic comment on all the ghoulie-ghostie movies we have been asked to suspend disbelief for in recent years. Whoever thought of having evil's final manifestation take the form of a 100-ft. marshmallow deserves the rational mind's eternal gratitude. But praise is due to everyone connected with Ghostbusters for thinking on a grandly comic scale and delivering the goofy goods...