Sentence examples for defaulting on debts from inspiring English sources
And he has scrapped earlier talk of defaulting on debts or reversing Mr Cardoso's privatisations.
Inside, economics editor Dan O'Brien says the chance of defaulting on debts increase in the absence of socialising some of the losses.
Most slaves probably were acquired by raiding neighbouring peoples, but others entered slavery because of criminal convictions or defaulting on debts (often not their own); subsequently, many of those people were sold into the international slave trade.
In the weaker economies of the euro zone, jobs have been sacrificed in the name of austerity, especially in the public sector, to avoid defaulting on debts built up by free-spending governments.
The number of United States and Canadian public companies defaulting on debts can be expected to triple over the next year to total 385 to 450, according to Moody's Investors Service, the credit rating agency.
Lenders say that in general higher rates are justified to account for the bigger risks posed by borrowers who have a poor record at paying bills on time and defaulting on debts.
Instead of spending recklessly, reigniting inflation and perhaps defaulting on debt as Argentina has done, Lula clamped down on inflation and saved extra money to pay the debt.
* * * The number of people defaulting on debt will rise by 17 per cent by 2020, says Arrow Global.
Meanwhile the number of people defaulting on debt will rise by 17 per cent by 2020, reckons Arrow Global.
