Exact(4)
His Uneximbank, still the proud possessor of a Swiss banking licence, is said to owe $2 billion in foreign debt, and has just defaulted on its Eurobond a first in Russia's financial history.
KirchMedia just defaulted on its $329 million annual rights fee to the Bundesliga soccer league in Germany because it could not sign up enough customers to cover the contracts.
More than a dozen emerging-market economies now face severe financial pressures: Belarus, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Romania, Turkey and Ukraine in Europe Indonesia, South Korea and Pakistann in Asia and Argentina, Venezuela and Ecuadorr (a country that has just defaulted on its sovereign debt) in Latin America.
But Mr Darling argued: "If your first message in the world is here we are, here is Scotland, and by the way we've just defaulted on our debt, what do you think that would do to people who are lending us money in the future?
Similar(55)
Theatre is not just default white, it's default able-bodied, middle class and frequently predominantly male, too.
They couldn't just default on large amounts of it, as that could create a cycle of panic and even greater economic pain.
Father-of-two Peter Syme, from Perth, said: "Take your time and search out small owner-operated businesses and do not just default to booking with huge PLC businesses".
But we can have too many people just defaulting into postdoc positions who don't need to do so and we do.
I don't know why all real estate sites don't just default to a map interface for search results.
It's not just default Apple apps that use Force Touch — Instagram, Facebook and others have integrated 3D Touch into their apps to let you peek and pop.
You can't as an artist at any level, whether you are a member of a band, or a solo artist, you can't just default to: I'm just a musician and other people handle the business.
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