Sentences with phrase «one's foreign debt»

The decline in world interest rates over the past few years has seen the servicing burden of foreign debt fall to around the levels of the early 1980s.
But policy makers are still confused over the distinction between squeezing out a domestic fiscal surplus and the ability to pay foreign debts.
At least when it comes to border arrangements; its duties regarding other treaties (such as foreign debt) are not as clear cut.
Now, emerging markets have flexible - exchange rates, much less foreign debt, and substantially larger reserves of foreign currency.
I will delay discussion of the current account, the balance of payments and foreign debt until after I have completed the list of positive factors for the Australian economy.
The reason the reaction was so large was that doubts began to emerge about whether the economic situation was sustainable, particularly in view of the implications for foreign debt.
Growth has been fueled by the growth of household and foreign debt rather than by business investment, and we have become dangerously reliant on the resource sector.
However, relevant rules regarding foreign debt registration, direct investment and securities investment should still be followed as before.
And national net foreign debt fell by $ 98.1 billion, edging Canada into a net asset position of $ 26.7 billion, the agency said.
The rise in payments on foreign debt in the December quarter was partly offset by a decline in dividend payments on foreign holdings of Australian equity.
I think it is true to say that there has not been a lot of unhedged foreign currency borrowing occurring among Australian corporates since the days of the «Swiss franc loans» of the mid-eighties, but I will postpone discussion of that topic until I deal with foreign debt in the second half of this talk.
Notable examples are the rise of the Nazi party in Germany and how they essentially started a giant war to escape the old foreign debts from the other European countries, we see how well that turned out for them though.
The fund is a multi-sector income fund that invests primarily in U.S. and foreign debt securities.
Australia's net foreign debt rose slightly in the March quarter, but remained around 48 1/2 per cent of GDP.
It said China's foreign exchange reserves fell $ 512.66 billion in 2015 — the biggest annual drop on record — to $ 3.33 trillion, while China had short - term foreign debt of $ 1.02 trillion at the end of September.
This means that countries that owe foreign debt, that's almost all denominated in dollars, especially to the International Monetary Fund or the World Bank, they're going to have to pay much more money in higher - priced dollars for their own currency.
The fund focuses on US corporate bonds, convertible securities, foreign debt instruments (including those in emerging markets) and US government securities
Meanwhile, the need to repay foreign debt prevents the country investing in the cash crops of vanilla and ylang - ylang, a plant used in perfume.
A report by Christian Aid, Enough is Enough: The Debt Repudiation Option, hypothesises that had the money spent to service foreign debt «been spent on healthcare, education and infrastructure, the millennium development goals — which today seem like a fantasy — might have been within the world's grasp» (p. 9).
You may be able to include foreign debts in a DMP, although foreign creditors may charge you for converting payments between currencies.
A good example of this is the Weimar Republic of Germany, that was under such crushing foreign debt after the first World War that it began to print money out of control to pay off this debt.
The downside: high foreign debt, «excessive» currency volatility and meagre foreign - exchange reserves.
As long as the U.S. Treasury can print money without limit, as long as the world's central banks are willing to absorb these dollarized IOUs by buying U.S. Treasury bonds to finance American military spending to encircle them, America is free of the balance - of - payments and foreign debt constraint that limits other countries» military spending.
And no matter how much domestic revenue the government squeezes out of the economy, it can pay foreign debts only in two ways: by exporting more, or by selling its public domain to foreign investors.
The 2013 survey also suggests that hedging ratios for foreign equity assets were lower than those of foreign debt assets, which is also consistent with the results of the 2013 National Australia Bank Superannuation FX Survey (NAB Survey; NAB 2013).
In contrast to banks and other financial corporations, the non-financial sector's foreign currency liabilities have risen since 2009, consistent with an increase in borrowings in foreign debt markets by larger corporations (particularly in the mining sector).
On the broadest level, the world's major financial centers replace national governments as economic planners allocating resources, particularly in nations that fall into foreign debt.
The money is dissipated to subsidize capital flight or to pay Russia's mounting foreign debt.
«Don't Bet On the Bank: Monetary Policy and Canada's Growing Foreign Debt,» C.D. Howe Institute Commentary 47, by William B.P. Robson (May).
The rise in payments on debt is consistent with the growth in the stock of Australian foreign debt, while the increase in payments on equity coincides with a period of strong growth in Australian corporate profitability.
US Treasuries and US foreign debt have long been supported by the dollar - printing machine, and this support may be ending, according to TeleTradeBel analyst Mikhail Grachev.
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.
Net foreign liabilities rose in the March quarter, with a $ 6.9 billion increase taking the stock of net foreign liabilities to $ 323.0 billion (59.9 per cent of GDP); net foreign debt now stands at $ 224.5 billion (41.6 per cent of GDP).
While falling world interest rates have reduced the servicing cost of foreign debt over the past two years, this has been offset by rising dividend payments on foreign holdings of Australian equity, reflecting the strong profit growth of Australian companies throughout this period.
People need to be empowered by activities such as building local capital through savings, promotion of organic agriculture, agro-industries, appropriate technology, cooperative enterprises, local trading, foreign debt renunciation or cancellation.
Unmanageable foreign debt, inflation, and capital expatriation resulted in a major devaluation of the currency and a new economic crisis made its way into people's pockets.
When the Soviet Union broke up, Russia accepted the full foreign debt of the Soviet Union.
«The PDP government was able to cancel foreign debts under former President Olusegun Obasanjo.
Commenting on the huge debt accrued by Nigeria, Abubakar said, «The question now is, why are we saddled with a heavy and almost unsustainable debt burden twelve years after President Olusegun Obasanjo and I provided the leadership that paid off Nigeria's entire foreign debt of $ 32 billion in one fell swoop?
State - controlled oil producer OAO Rosneft said it has paid back $ 7 billion of a bridge loan it had taken to acquire TNK - BP, the largest foreign debt repayment by a Russian company since Western sanctions were imposed.
The first stock I bought, Stone Harbor Emerging Markets Income Fnd (NYSE: EDF), is a closed - end fund with most of its holdings in public and private foreign debt.
Francis said that wealthy nations and multinational corporations that use foreign debt as a way to control poorer countries, while exploiting their natural resources and polluting their land and water, owe them an «ecological debt» by limiting consumption of fossil fuels and assisting them in more sustainable development.
If anything, they're worse off: perhaps building a massive coal plant for which they've taken foreign debt; or put in some piece of infrastructure that they don't really know how to run, that isn't creating local jobs, and isn't meeting local needs.
As another significant matter, Thomas Kopp has been acting for the Republic of Argentina in several German court proceedings concerning foreign debt.
This increase stemmed from a rise in net payments on foreign debt, consistent with the upward trend in Australia's net offshore borrowing.
To enable Russians to move their rubles abroad at favorable exchange rates, the nation's gold and foreign exchange reserves have been nearly depleted and the nation has been loaded down with foreign debt.
The fund is a multi-sector income fund that invests primarily in U.S. and foreign debt securities.
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