Sentence examples for the first default from inspiring English sources

The first default in over 200 years will not happen".

The first default would be about participating; all employees would automatically be enrolled.

Although South America's second biggest economy is in a less parlous state than it was at the time of the first default in 2001, growth has slowed to a standstill and inflation is already running at double-digit levels.

Mr. Obama told lawmakers Thursday night that it was time for the talking to end and urged Congress to formalize a plan that could avert the first default on the nation's obligations.

Meanwhile, the European Central Bank continues to demand a response that will not be considered by ratings agencies to be the first default among countries that use the euro, which the bank fears could reduce confidence in the currency's stability.

Greek bonds advanced for a fourth day Wednesday on the prospect of the new measures leading to E.U. help and averting what would be the first default in the euro zone.

However, the conclusion of the second default contradicts the prerequisite of the first, so the first cannot be applied if the second is.

While mail operations will continue as usual, the second default is yet another sign of the postal service's increasingly desperate financial situation.

(gamma _{t}^{i},gammaa _{t}^{b}), and γ t are the default intensities of the investor, the bank, and the first to default intensity, respectively.

We may well see in the next few years the first sovereign default by an old EU15 country since Germany defaulted on its debt in 1948.

It would not be the first property default in China.