Sentence examples for defaulting on obligations from inspiring English sources

In its strict sense, sovereign risk describes governments defaulting on obligations but is used by some to mean any change in taxes, subsidies or regulations that are less favourable for businesses.

Treasury secretary Jack Lew expects to exhaust those measures by 17 October and the congressional budget office expects the nation could start defaulting on obligations by 22 October unless swift action is taken.

If there is no deal by August, the US may start defaulting on obligations.

On Monday, Infinity World Development, a subsidiary of Dubai World, charged MGM Mirage with defaulting on obligations in connection with a joint venture with Infinity to design, construct and operate a development on the Las Vegas Strip called CityCenter.

At the time that the government decided to rescue AIG, an independent analyst reported that the company was on the verge of defaulting on obligations that could cause collateral losses to counterparts of as much as $180 billion.

The committee brainstormed ways to help the workers without setting a precedent for Nike's paying out whenever a subcontractor defaulted on obligations to its employees.

Insolvent banks will default on obligations to depositors and other creditors and of course can no longer funnel credit to businesses or consumers.

Unexim Bank, Russia's fourth-largest private bank by assets, said today that it had won a court order here to block the accounts of Lehman Brothers Holdings, arguing that Lehman defaulted on obligations to it.

Goldman also detailed $1.1 billion in "credit" exposure to Italy, reflecting the risk that its Italian borrowers and counterparties might default on obligations.

So is the prospect that the United States might shake investor confidence by defaulting on its obligations.

"Defaulting on our obligations is a reckless and irresponsible outcome to this debate".