Sentence examples for faces imminent collapse from inspiring English sources

According to material filed by Mineralogy in a supreme court action in Western Australia, the Queensland Nickel refinery, which has been run at a loss amid the commodity price slump, faces imminent collapse because of a crippling cashflow problem.

MADOOR, India Indiaia's rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India's largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor.

Since October, when both banks faced imminent collapse, the government has owned 58% of RBS (which may soon rise to 70%); in January HBOS was folded into Lloyds Banking Group (LBG), now 43% government-owned.

As rumors swirled that Bear Stearns faced imminent collapse in early March, Christopher Cox was told by his staff that Bear Stearns had $17 billion in cash and other assets — more than enough to weather the storm.

Security will suffer in the long term: James Wolfensohn, the international community's envoy, recently warned that the Palestinian Authority could face imminent collapse unless aid was continued, leading to more violence and chaos.

Palmer's lawyer told the court the refinery was in a "worse than perilous position" and faced imminent collapse and the loss of 767 jobs without an immediate cash injection of $28m.

DUBLIN — The Irish government faced imminent collapse on Monday, only a day after it signed off on a $100 billion bailout, setting the stage for a new election early next year and injecting the threat of political instability into a European financial crisis that already has markets on edge.

This article has been revised to reflect the following correction: Correction: November 29, 2010 An article on Tuesday about the Irish government's facing imminent collapse only a day after it had signed off on a $100 billion bailout misstated the position of Moody's Investors Service regarding Irish debt.

On Wednesday Mr Di Rupo said that negotiations faced imminent collapse and warned: "The future of the country is at stake".

The Spanish journalists and cultural commentators I've spoken to believe this is a big symbolic event for Spain - signalling that it's not, as the ECB and the Euro-finanial press claims, a basket case facing imminent collapse.

As the Greek leader readied proposals to restart bailout talks, the situation was complicated by the European Central Bank's refusal late Monday to increase assistance for Greek banks desperately needing cash and facing imminent collapse unless a rescue deal is reached.