Plan Focuses on Rescheduling of Greek Debt
Support is building among senior European finance officials for a plan to press Greece's private-sector creditors into accepting a debt exchange that would result in delayed repayment to them.
EU leaders agreed to discuss proposals on changing global financial rules at a weekend meeting with Bush, but they struggled to agree on how to ward off recession.
Can something as simple as the timing of recess make a difference in a child’s health and behavior?
Some experts think it can, and now some schools are rescheduling recess — sending students out to play before they sit down for lunch. The switch appears to have led to some surprising changes in both cafeteria and classroom.
recess
n.
- A temporary cessation of the customary activities of an engagement, occupation, or pursuit.
- The period of such cessation. See synonyms at pause.
- A remote, secret, or secluded place. Often used in the plural.
- An indentation or small hollow.
- An alcove.
v., -cessed, -cess·ing, -cess·es. v.tr.
- To place in a recess.
- To create or fashion a recess in: recessed a portion of the wall.
- To suspend for a recess: The committee chair recessed the hearings.
To take a recess: The investigators recessed for lunch.
[Latin recessus, retreat, from past participle of recēdere, to recede. See recede1.]
to prevent something unpleasant from harming or approaching you:
In the winter I take vitamin C to ward off colds.
She was given a magic charm to ward off evil spirits.
rescheduling
Process of negotiating new loans to replace existing obligations, either by lengthening maturities, deferring of loan principal payments, or reducing interest rates, where the alternative is Default by the borrower and seizure of collateral by the lender. In commercial lending, rescheduling can take the form of a Troubled Debt Restructuring, in which the lender offers the borrower a concession, such as a lower rate of interest, that it would not consider ordinarily.
In loans to less developed (LDC) countries, debt rescheduling is often carried out jointly with financial aid agreements, such as multi-year Structural Adjustments supervised by the International Monetary Fund, which are intended to encourage internal economic reforms and increased private sector participation in the economy of the debtor nation. See also Buyback; Debt for Bond Swap; Debt for Equity Swap.
Diversity, equity, and inclusion
1 則留言:
Taiwan aims to further ward off 'hot money'
AFP
TAIPEI — The head of Taiwan's central bank said Monday that he hoped the amount of "hot money" being parked in the island could be halved, suggesting fresh ...
張貼留言