Sentence examples for in debt to western from inspiring English sources
According to Hoffman, Khodorkovsky was deeply in debt to Western banks, and he dodged his creditors.
While troubling for its scale, the deal is also thought to set a precedent within Russia for other companies deeply in debt to Western banks.
In a measure of Russia's economic troubles, corporations here must repay $117 billion in debt to Western banks this year, in a stark reversal from the inflow of foreign investor money that buoyed Russia's economy in recent years.
Instead, Mr. Kudrin said, the return to foreign borrowing could help the economy by setting a benchmark rate for lending to corporations, which are deeply in debt to Western banks.
But if his often caustic public writings are any gauge, that zeal underlies some of his greatest successes -- including his crusade for a democratic Africa and his refusal to allow South Africa to become mired in debt to Western lending institutions like the World Bank.
In his main job since communism's collapse, renegotiating Russia's foreign debts, he sharpened his excellent English, while proving a quick-witted and decisive deal-maker.Thanks partly to such qualities, Russia managed the unusual feat of restructuring its debt to western banks twice in three years.
Ukraine's request to reschedule its debt to western countries, to be put in negotiations on March 6th, might not get so sympathetic a response.Moscow's joyAs the West recoils from Mr Kuchma, Russia is embracing him.
Harvest, an oil producer and refiner based in Calgary, said late Wednesday that K.N.O.C. would pay about 1.8 billion dollars in cash and assume 2.3 billion dollars in debt to acquire its reserves in western Canada and its refining operations on the country's eastern seaboard.
And another: "Forever in debt to you".
