Now, emerging markets have flexible - exchange rates, much
less foreign debt, and substantially larger reserves of foreign currency.
Not exact matches
With most of these
debts being held by Chinese entities, it's unlikely we'll see a banking crisis in the same way we could have seen if Greece or Spain went belly up, said Lau — many
foreign banks hold European bonds — but we've seen markets panic on far
less worrisome Chinese news in the past.
Those countries with
less - developed institutions and financial systems, limited policy credibility, greater
foreign currency
debt and / or more precarious economic situations are certainly more exposed than others to external shocks.
For example, from: 1) the replenishment of
foreign exchange buffers large enough to protect the economy against a protracted shock; 2) a significant reduction in government
debt metrics; 3) a successful diversification of the economy and government revenues that will become
less dependent on oil receipts; 4) continued improvements in governance and institutional strength which act as long — term constraints on Angola's rating.
Debt - financed tax cuts may well push up interest rates in the U.S., which attracts more
foreign investment, which raises the value of the dollar, which makes exports
less competitive and imports cheaper, which increases the trade deficit.
Less growth in dollar liquidity ahead may cause a scramble among
foreign entities with dollar denominated
debt to obtain dollars in the short term to pay it back.
«Oil sold for
less during Obasanjo's regime, yet he got part of our
foreign debt waived, paid off the remaining and left a huge
foreign reserve.»
Eligible Purchases means the amount of purchases of goods and services that are charged to your HSBC Advance Mastercard ® account except for quasi-cash transactions (which include purchases of wire transfers, travelers cheques,
foreign currency, money orders, payment of an existing
debt, bets, lottery tickets and gaming chips)
less any credits for returns, rebates or adjustments.
The BofA Merrill Lynch Index tracks the performance of U.S. dollar - denominated investment grade government and corporate public
debt issued in the U.S. domestic bond market with at least 1 year and
less than 10 years remaining maturity, including U.S. treasury, U.S. agency,
foreign government, supranational and corporate securities.
2Eligible purchases means the amount of purchases of goods and services that are charged to your Account except for quasi-cash transactions (which include purchases of wire transfers, travelers cheques,
foreign currency, money orders, payment of an existing
debt, bets, lottery tickets and gaming chips)
less any credits for returns, rebates or adjustments.
Additional risks include exposure to
less developed or
less efficient trading markets; social, political or economic instability; fluctuations in
foreign currencies or currency redenomination; potential for default on sovereign
debt; nationalization or expropriation of assets; settlement, custodial or other operational risks; and
less stringent auditing and legal standards.
We expect, given the finding that Retail taxes produce
less of a drag on the economy than Income taxes that if a government decides it must raise new taxes (perish the thought), then it ought by the Precautionary Principle do so by reducing the Income Tax rate so low as possible and raising the Retail Tax rate to meet the needs of the state — for instance to pay off
debt accumulated by fighting
foreign wars.
Many of the
foreign money pools typically use between 50 % and 70 % of
debt to finance their acquisitions, which is a lot
less than private equity buyers, ambitious and busy investors who in some cases have used upwards of 95 % in
debt.
Markets, after nearly a decade of low rates and low growth, are adjusting to the new normal and corresponding volatility — and while China may own over a trillion dollars of U.S.
debt, that's
less than 20 percent of all
debt owned by
foreign nations, and a fifth of what America owes itself.