Sentence examples for worldwide default from inspiring English sources

That helped the worldwide default rate drop for the sixth consecutive month, the rating agency reported Monday.

Happy New Year, unless you hold corporate debt: Last year was the worst ever for defaults, as 211 firms worldwide defaulted on $115.4 billion of debt, Standard & Poor's said; 162 of the defaulters came from the U.S., including Enron, Pacific Gas & Electric, and the usual upstart telecoms.

Moody's Investors Service said last week that 136 issuers worldwide defaulted on a record $54.1 billion of junk bonds in the first half of the year, but it forecast an end to the steep increase by early 2002.

Here is a statistic that at first glance should stimulate the salivary glands of bankruptcy lawyers and buyers of failed businesses: In the first quarter of 2001, the Standard & Poor's credit rating agency says, 48 companies worldwide defaulted on $37 billion of debt, making it the worst quarter for defaults -- or, depending on how you look at it, the best.

Since its launch in 2007, Google Street View has had to address major privacy concerns grappling with government authorities in Germany, India, and Australia over privacy laws; lowering its cameras in Japan and Switzerland so as not to photograph over fences; and of course, blurring all faces and license plates by default, worldwide.

It was fears that Dubai World may default on some of its $59bn£36bnbn) liabilities that triggered a worldwide panic, sending stock markets plummeting.

The end result was worldwide sovereign debt defaults.

McCrum is bullish on Globish: the reign of English as the world's lingua franca or default tongue, "the worldwide dialect of the third millennium," the language in which China trades with Zambia, the language in which a Greek watching CNN phones a friend from the Middle East to get him off the London bus he's riding before it explodes.

It said the worldwide volume of credit-default swaps, a form of insurance against the risk that a bond issuer would not be able to pay, had plunged by half since 2007, to about $30 trillion.

Worries that investors would shun Greek bonds and force a default shook markets worldwide last month but eased recently after Germany and other members of the European Union signaled they would come to Greece's aid if necessary.

WASHINGTON — Congressional Republicans conceded defeat Wednesday in their bitter budget fight with President Obama over the new health care law, agreeing to end a disruptive 16-day government shutdown and extend federal borrowing power to avert a financial default with potential worldwide economic repercussions.