Sentences with phrase «owe foreign debt»

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.

Not exact matches

But as most debts are denominated in euros — and owed mainly to foreign banks or their local branches — devaluation would cause a sharp jump in debt service, causing even more defaults and negative equity in real estate.
If the trade is in balance and America has a huge balance of payments surplus from all the debt service that countries owe in dollars — plus a huge remission of profits by American companies that have bought out foreign industry — then the dollar's exchange rate would soar.
But as most debts are denominated in euros — and owed mainly to foreign banks or their local branches — devaluation would cause a sharp jump in...
Vieira believes he and others owe a debt to Wenger, who was the first successful foreign manager in the EPL and had a style that transformed the game.
List and describe miscellaneous debt, including money you owe to foreign governments, money borrowed from private parties without formal documentation, and any money you expect to pay for legal proceedings.
There's chapter 11, which businesses and wealthy folks use to reorganize debts and stay afloat, and there's chapter 13, which lets the debtor keep their property as they repay what they owe, not to mention other chapters for fishermen and foreign debts.
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.
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.
Many times, the best way to collect a debt owed by a foreign company (particularly if that company is based in an emerging market country) is to seize an asset of that company in a foreign country.
For example, the American Revolution was not held to invalidate private debts owed to British debtors (indeed, the U.S. Constitution was designed with constitutional protection for foreign creditors), but I am relatively confident that ISIS does not allow creditors from Syria or Iraq to enforce private debt obligations in the territory that it controls.
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.
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