Sentence examples for of foreign credit from inspiring English sources
Bankers have also been hurt by the drying-up of foreign credit.
A drying-up of foreign credit would put further pressure on the exchange rate (already the sucre has depreciated almost 40% this year), boosting inflation (55% in the year to August).
This suggests that, even outside the euro, Spain and Greece would have had access to plenty of foreign credit with which to feed a domestic spending boom.Ireland and Spain were ripe for housing booms too.
The Fed's move helped push down the cost of foreign credit for Asia on Thursday.
Should da Silva fail to do this quickly, he will be faced with further devaluation of the real, higher interest rates, a massive run on the banks, capital flight, cancelation of foreign credit lines, forced suspension of payments, widespread bankruptcies, ruinous levels of inflation and dramatic increases in unemployment and poverty, as well as social and political unrest….
Growth estimates for this year are about 7percentt, but those projections assume a steady supply of energy and access to foreign credits and investment, and all those assumptions now appear to be in jeopardy.
Both Mexico and Venezuela, as major petroleum exporters, benefited from rising international oil prices during the 1970s, but, instead of concluding that foreign credit was no longer necessary, they assumed that any amount of indebtedness would be easy to pay back.
The percentage of Iranians with foreign credit cards is another high value target for potential investors.
The strong rouble was seen as a proxy for Mr Putin's success; but as Rory MacFarquhar, an economist at Goldman Sachs, points out, it was a currency play and not a store of value.When foreign credit dried up and the oil price fell, Russia was caught out.
And by banishing residual fears that Brazil could face a shortfall in external financing this year, the agreement might help Brazilian firms to keep foreign credit lines open.News of the loan boosted the real and Brazil's bonds.
No more than 6 units of foreign language credit may be counted toward the Breadth requirement.
