Sentences with phrase «comparing foreign debt»

At the time, there were no official statistics comparing foreign debt levels in developed countries, and in their absence there was a tendency for people to assume the worst — that is, to assume that Australia was the highest on the list.

Not exact matches

As author Penny Lernoux has noted: «When the Alliance for Progress was finally buried at the end of the 1960s, about the only thing that the Latin American countries had to show for it was an enormous foreign debt: 19.3 billion dollars compared to 8.8 billion in 1961 when the program was launched» (Cry of the People [Doubleday], p. 211).

There was a positive impact of $ 2.1 m on translation of foreign currency net debt into Euro at 30 June 2013 due primarily to the weaker Sterling and Swedish Krona exchange rates at the period end compared to the rates prevailing at 31 December 2012.