Vast bauxite developments in Australia, Guinea, and Indonesia have tended to postpone interest in secondary ores elsewhere.
The Paulson plan is meant to buy borrowers — and, arguably, the economy — some time, by postponing the interest-rate resets for five years.
The Paulson plan is meant to buy borrowers and, arguably, the economy—some time, by postponing the interest-rate resets for five years.
The MPC has pledged to postpone increasing interest rates until the unemployment rate falls below 7%, provided inflation and financial stability remain under control.
LyondellBasell is in "selective default" after postponing $280 million of interest payments and faces a "rapidly weakening liquidity position" with $26 billion of debt, Standard & Poor's analysts, led by Tobias Mock in Frankfurt, wrote in a report this week.
Dan B. Frahm, a spokesman for Bank of America, said it was using every technique short of principal reduction to remake its loans, including waiving prepayment penalties, refinancing, lowering the interest rate, postponing some of the balance and extending the term.
More important still, the peace has been negotiated, and is being implemented, by soldiers, not politicians: several of the latter pocketed huge "commissions" on arms to blast the rebels, and so had an interest in postponing peace.Deep in the forestThe men who did the actual fighting have now taken matters into their own hands.
It had postponed $280 million of interest payments, S.& P. said.
Many advocates believe that the new Republican majority in Congress, which has said it plans to focus on deficit reduction, may be hesitant to postpone collecting the interest.
For at least the first five years, the measure would demand little of the state; the repayment of the bonds' principal would be postponed, and the interest on the debt would be repaid using bond proceeds.
