Exact(4)
As the budget shutdown in Washington continued, investors on Wall Street faced criticism that calm markets were encouraging House Republicans and making a default more likely.
Codex, meanwhile, is the kind of piano ballad that Radiohead were inadvertently responsible for making a default setting in rock music of recent years: such things obviously existed before OK Computer, but you can draw a pretty direct line between Karma Police and the stuff that gets played in the background when an X Factor hopeful starts talking about a recently deceased relative.
On the other hand, if in the coming months Lula's government can convince investors that it is putting the public finances on a sustainable footing, it will be able to cut interest rates and stoke up economic growth, thereby making a default much less likely.It is now possible to foresee two drastically different outcomes for Brazil in the near future.
The country's hard-currency reserves are barely $12 billion, making a default on its foreign debt all too likely.The best anyone can hope for is that the current mess may prove a salutary shock to those who caused it, especially the tycoons (see article) who, along with regional bosses, now hold most of the real power in Russia.
Similar(56)
Said repayments would eat up too much of income and make a default likely.
That makes a default inevitable, along with ejection from the euro, at which point Spain is hauled into the crisis.
"A small further rise in the Italian government bond yield, which could be triggered by the US downgrade, would make a default there inevitable.
Athens needs to shape up or ship out, and every day that goes by with no resolution makes a default all the more possible.
If you make a default plan to call your faraway friend at 3pm every Sunday, you'll co-opt inertia to your cause: the lazy option will be to stick to the plan.
But a projected deficit of a whopping $1.5 trillion this year, a debt load held by the public that could double to $18 trillion in 10 years and talk in Congress about a possible default if lawmakers can't agree on an increase in the permitted maximum amount of debt have all made a default seem imaginable.
First, it makes a default less likely.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com