A bailout is justified when remedial assistance averts even greater harm to the economy.
Ukraine is hoping that up to $27bn£16bnbn) in global assistance it won after the old regime's fall may help avert threatened bankruptcy and revive growth in the recession hit country.
Citi has received $45 billion in taxpayer assistance to avert a collapse, and in exchange, the government now holds a 34percentt ownership interest in the bank.
The "peripheral" countries suffered dramatic economic contractions, compounded by bank implosions, and had to appeal for financial assistance to avert complete collapse.
PAGE E4 Yoga Fans Hear the Chant of Kirtan E6 Editorial THE CRISIS AT HOME AND ABROAD As they prepare for the summit of the group of the world's 20 biggest economies in London on April 2, leaders of industrial nations must quickly work on a plan to provide large scale financial assistance to avert an economic catastrophe in the developing world.
As they prepare for the summit of the group of the world's 20 biggest economies in London on April 2, leaders of industrial nations must quickly work on a plan to provide large-scale financial assistance to avert an economic catastrophe in the developing world.
In response, the UN put out a request for $4.4 billion in emergency assistance to avert catastrophe.
Yazidi fighters on the mountain pleaded for assistance to avert more bloodshed and said their weapons were ineffective against armored Humvee vehicles used by Islamic State.
The United States should be prepared to provide extensive assistance--including intelligence-sharing, economic aid, and perhaps military assistance--to avert an ISIS foothold in Jordan.
He said he received more than $100,000 in payments for his assistance and helped avert "more than 10 acts of domestic terrorism," but his outspokenness so concerned the F.B.I. that the agency eventually stopped using him, and he was later arrested.
