Exact(3)
It will compete with other European indices offered by two rivals, Dow Jones and Morgan Stanley Capital International.G8 heads of government, meeting in Cologne, are expected to endorse a plan by G7 finance ministers to expand debt relief to poor countries.
You have to refinance and expand debt.
Because it is self-evidently misguided for Republicans to suggest cutting good programs while failing to solve the long-range crisis, it is therefore equally misguided for Obama to operationally expand debt while theoretically opposing runaway debt.
Similar(55)
Still, in a neighborhood of stubbornly high budget deficits and expanding debt burdens, Ireland stands out.
This flawed arrangement may be nearing its breaking point, thanks to our reckless spending, expanding debt, and increasingly questionable creditworthiness.
And Germans have lately seemed open to expanding debt guarantees in exchange for the promise of stability.
The leaders endorsed expanded debt relief and reduced barriers to imports from developing countries and backed a new global round of trade liberalization talks.
Charities and other nongovernmental organization have lobbied Washington and European capitals to come up with an expanded debt relief program during the annual meetings next week.
The details of such a debt relief programme still require further work, but we can draw on valuable lessons learned from the Heavily Indebted Poor Countries (HIPC) Initiative, which recently expanded debt cancellation to some of the world's poorest countries.
It has expanded debt relief for low-income borrowers with a Pay as You Earn program for recent graduates, and simplified enrollment by putting the application online and allowing applicants to import information from their tax return.
As governments worldwide try to spend their way out of recession, many countries are finding themselves in the same situation as embattled consumers: paying higher interest rates on their rapidly expanding debt.
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