Not exact matches
Flaherty worries about U.S.
debt, too, calling it a «persisting
concern» for Canada and highlighting the government's interest in other
foreign markets.
Capital outflows lead to a weaker currency, which
concerns the hordes of Chinese companies that borrowed
debt in
foreign currencies over the past few years and now have to pay it back with a weaker yuan.
To some extent, these
concerns are allayed by the existence of natural hedges, such as
foreign currency export income, although rising US dollar - denominated
debt servicing costs at a time of falling US dollar - denominated commodity revenues would obviously be problematic.
CORPORATE FINANCING NEWS:
FOREIGN EXCHANGE By Gordon Platt A favorable ruling by Germany's constitutional court on the legitimacy of the eurozone's permanent bailout fund, and coordinated easing by global central banks are both needed to ease
concerns about Europe's
debt...
The challenge clearly worries the region's Catholic bishops, who cite the growth of conservative Protestantism among their top
concerns, along with the
foreign debt and guerrilla and military violence.
The
foreign debt continues to be an issue and new voices have began to sound the need to look for ways to face it; (ii) At the national level two questions are concentrating increasing attention: one is the reassessment of the necessary role of the state to correct the distortions of a runaway market (currently discussed in Europe and in the discussions about the role the initiatives of «an active state has played in the economic development of Asian countries); the other is the need for a «participative democracy over against a purely representative formal democracy: in this sense the need to strengthen civil society with its intermediate organizations becomes an important
concern; (iii) the struggle for collective and personal identity in a society in which forced immigration, dehumanizing conditions in urban marginal situations, and
foreign cultural aggression and massification in many forms produce a degrading type of poverty where communal, family and personal identity are eroded and even destroyed.
And lower deficits do allow for greater savings after all: total
foreign reserves as a percent of external
debt has more than tripled, with the average country holding close to one unit of
foreign reserves for every unit of externally issued
debt.8 And a major
concern, sticky current account deficits, continues to pose problems for some countries, but the average deficit has shrunk.
A Fund's transactions in
foreign currencies,
foreign currency - denominated
debt securities and certain
foreign currency options, futures contracts and forward contracts (and similar instruments) may give rise to ordinary income or loss to the extent such income or loss results from fluctuations in the value of the
foreign currency
concerned.
The case
concerns debts owing from a
foreign sovereign state and whether assets subject to a Third Party
Debt Order («TPDO») in the UK are immune to execution by virtue of the State Immunity Act 1978.
The company, which was among the most aggressive buyers of
foreign assets until recently, has sold real estate and entertainment assets in China amid government
concerns about excess
debt.