Clause
in sentence
182 examples of Clause in a sentence
Such a
clause
could be renewed, but there is nothing so effective as a firm deadline to force a thorough review and concentrate minds.
Indeed, the Stability and Growth Pact, like Europe’s no-bail out clause, ignored the pertinent economic theory (some say any economic theory).
But the ongoing crisis also highlights a second design flaw, unacknowledged in Mundell’s argument: the challenges arising from integrated financial markets (including those for the credibility of the no-bail out clause).
This view is embodied in the “no bailout”
clause
in the euro’s founding document, which stipulates that each country is responsible for its own public debt.
And the administration’s renegotiation of the North American Free Trade Agreement – which includes a
clause
to prevent Canada or Mexico from negotiating with China – has met with similar disdain.
(More recently, he finally voiced support for the clause).
First, they claim that it breaches the Maastricht Treaty’s “no bail-out”
clause
(Article 125).
The European Union thinks differently; in its economic cooperation and free trade agreement with Mexico, for example, it insisted on – and achieved – the inclusion of a “democracy clause” that made its economic benefits conditional on ongoing respect for democratic rule and human rights.
That last
clause
captured the essence of the entire conflict.
Market participants – including ratings agencies – either flagrantly misapprehended risk or never took the Maastricht Treaty’s no-bailout
clause
seriously.
Turkey is a NATO member, and any violation of its territorial integrity could easily trigger the North Atlantic Treaty’s mutual-defense
clause.
If it is legislation rather than a
clause
in a union contract that regulates health and safety conditions in the workplace, a factory's air will smell just as sweet.
For example, the European Investment Bank now inserts a drachma
clause
in its loan deals with Greek enterprises.
Trump’s election and escalating regional tensions have created the perfect pretext for Abe to push for his ultimate political goal: to abolish Article 9 – the pacifist
clause
in Japan’s post-war, US-imposed constitution, which limits the Japanese military to a “self-defense force,” and has generally kept Japanese defense spending at 1% of GDP.
President Roosevelt’s administration declared the
clause
invalid, forcing debt forgiveness.
The key difficulty is the ECB’s “no bailout”
clause
– the ban on aiding an insolvent member-state government.
Agreement to create both a liquidity-provision facility and an insolvency procedure has implied revisiting fundamental principles – not least the no-bailout
clause
– showing that Europe can learn from experience.
Only then will the eurozone have a chance of upholding the Lisbon Treaty’s “no bailout”
clause.
The fourth notable change in the USMCA is the introduction of a sunset
clause.
One hopes that future reviews will take place at times when more sensible leaders are in charge, and perhaps will eliminate the automatic sunset
clause.
To counter the impression that it was turning common fears into treatable conditions, DSM-IV added a
clause
stipulating that social anxiety behaviors had to be “impairing” before a diagnosis was possible.
After all, despite the impairment clause, the anxiety disorder mushroomed; by 2000, it was the third most common psychiatric disorder in America, behind only depression and alcoholism.
Russia’s generals, we can assume, rejoice each time Trump refuses to endorse NATO’s Article 5 – the alliance’s bedrock collective defense
clause
– and instead poisons the alliance by railing against its leaders for their inadequate defense spending.
AGOA had a sunset clause, but if the duty-free access becomes permanent for less developed countries in Africa – as stipulated in Hong Kong – then poor countries in Asia will continue to lose US market share.
The EU welcomed the inclusion last year of the following
clause
in the Chinese Constitution: “The government respects and protects the human rights of the people.”
Indeed, it ruled that German participation in the single currency was consistent with Germany’s constitution – as was the Lisbon Treaty, the EFSF, the ESM, the ECB’s breach of the EU’s no-bailout clause, and German guarantees for other eurozone countries’ debts.
Resurrecting Creditor AdjustmentLONDON – With all the protectionist talk coming from US President Donald Trump’s administration, it is surprising that no one has mentioned, much less sought to invoke, an obvious tool for addressing persistent external imbalances: the 1944 Bretton Woods Agreement’s “scarce-currency clause.”
That clause, contained in Article 7 of the agreement, authorizes countries, “after consultation with the [International Monetary] Fund, temporarily to impose limitations on freedom of exchange operations in the scarce currency”; and it grants those countries “complete jurisdiction in determining the nature of such limitations.”
The scarce-currency
clause
has an interesting history.
The scarce-currency
clause
has remained a dead letter ever since.
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