Sentences with phrase «taken foreign debt»

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.

Not exact matches

As do foreign investors in local currency debt that want exposure to domestic credit and interest rates, but not exchange rates, as well as other non-residents who are willing and able to take on exchange rate risk.

That is why German reparations and Inter-Ally debts were written down after World War I. Greece's foreign debt is what is known as an «odious debt,» taken on by fraud to finance capital flight by Greece's One Percent.

Chinese corporations have taken on $ 1.5 trillion in foreign debt in the past year or so, where previously they had none.

Taken together, Russia may use these three principles to negotiate a solution to its foreign debts from the Soviet and Yeltsin eras.

The fact that the domestic private sector also had some foreign loan assets (as taken into account in net debt measures) would be of little assistance in such a currency crisis.

Despite the difficulties endured during the era of post-Lehman austerity, commercial and private - sector debt levels are low: Nonperforming loans are below 5 % and the banking system, unlike those of Poland or Hungary, did not have to tackle the fallout from high levels of foreign currency loans, because low interest rates and a stable Czech koruna meant these weren't taken up in large quantities.

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).

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

Best Picture: The Artist Best Director: Michel Hazanavicius, The Artist Best Actor: Michael Shannon, Take Shelter Best Actress: Meryl Streep, The Iron Lady Best Supporting Actor: Albert Brooks, Drive Best Supporting Actress: Melissa McCarthy, Bridesmaids Best Screenplay: Nat Faxon, Jim Rash, Alexander Payne, The Descendants Best Ensemble Cast: Bridesmaids Best Foreign Language Film: A Separation Best Documentary: Cave of Forgotten Dreams Best Animated Film: The Adventures of Tintin Breakthrough Performer: Jessica Chastain, The Tree of Life, The Debt, The Help, Take Shelter, Texas Killing Fields, Coriolanus Best Cinematography Emmanuel Lubezski, The Tree of Life Best Use of Music: Ludovic Bource, The Artist Best Debut Director: Joe Cornish, Attack the Block

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.

Good for them; let's see if foreign investors are willing to take down longer - dated dollar - denominated debt.

We sold everything, paid off all debt and established enough savings to sail our ship around the world while sharing our experiences with the world... Unlike some who use Patreon and such to charge people to subscribe to their content, we opted to give it away for frer... I am disabled but completely capable of taking care of our business when it comes to boat maintenance, sailing our ship and navigating foreign countries.

Ottawa has taken a broad brush to curbing risks in the housing market, unveiling new measures to crack down on speculation by foreign investors and make it harder for homeowners to dig themselves deeply into mortgage debt.