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Distressed in sentence

324 examples of Distressed in a sentence

In India, this takes the form of loan waivers for distressed farmers (which weaken the banks); price controls for water, electricity, and public transportation (which wreck government budgets and undermine the prospect of long-term investment in those areas); and more subsidized food in the corrupt and inefficient public distribution system.
Not only will those loans’ price fall if only a few entities have the spare funds to buy them, but other distressed entities’ scramble to borrow also will make it hard for any institution without funds to obtain them.
Some distressed banks clearly possess large quantities of mortgage-backed securities, and are holding onto them in the hope that their prices will rise in the future, saving them from failure.
While there is a price today that reflects those expectations, it is not a price at which distressed banks want to sell.
This can reverse a freeze in the market caused by distressed entities that are unwilling to sell at prevailing market prices.
Moreover, once a sufficient number of distressed entities sell their assets, prices will rise simply because there is no longer a potential overhang of future fire sales.
One problem is that the public’s appetite for a bailout of the unregulated and hemorrhaging “shadow” financial system, consisting of institutions like hedge funds and private equity firms, is rightly small, yet it too can serve to hold back bank lending if a large proportion of the distressed assets are held in weak institutions there.
Perhaps, therefore, a mix of the two approaches can work best, with the authorities buying illiquid assets, which can help even unregulated entities, even while cleaning up the regulated financial sector, focusing particularly on entities that are likely to become distressed.
This differs substantially from the current approach (in which well-capitalized entities are given even more capital), which does not deal with the overhang of illiquid assets that more distressed entities hold.
Unless the regulated financial system is systematically audited, with weak entities stabilized through capital injections, asset purchases, or mergers, or liquidated quickly, the overhang of distressed institutions will persist, constraining lending.
This is the rule set out by Walter Bagehot more than a century ago: calming the markets requires central banks to lend at a penalty rate to every distressed institution that would be able to put up reasonable collateral in normal times.
But it was his famous declaration in July 2012 that the ECB would do “whatever it takes” to preserve the euro that, while successful in reducing interest rates in the distressed countries of the eurozone periphery, also contributed to the euro’s current strength.
In addition to the €80 billion program already agreed for Greece, the European Union countries agreed on a €500 billion credit line for other distressed countries.
By some estimates, more than 20% of Ukrainian government debt was recently purchased by a single American investment fund, Franklin Templeton Investments, specializing in distressed debt.
To see the link, recall the “fiscal compact” to eliminate structural budget deficits that Germany insisted upon as a condition of agreeing to bailout loans for distressed governments and banks.
Fiscal transfers, whereby eurozone countries commit to provide funds to their distressed counterparts, could also work.
Restructuring damages the euro, and fiscal consolidation in the distressed countries, while necessary, is probably not sufficient.
Airing the IMF’s Dirty LaundryBERKELEY – Following the International Monetary Fund’s controversial actions in the Asian financial crisis of 1998, when it conditioned liquidity assistance to distressed countries on government belt-tightening, the IMF established an Independent Evaluation Office (IEO) to undertake arm’s-length assessments of its policies and programs.
Inspired by German Chancellor Angela Merkel, approval of the pact was a precondition for Germany’s participation in the financial rescue plan for Greece and the other distressed eurozone countries.
And that implies an extended period of episodic economic disruption and political upheaval far beyond this summer’s debates on America’s debt ceiling and Europe’s distressed sovereign debtors.
Distressed economies cannot afford to pay more than $350 to avoid each ton of CO2, which could be cut on the European market for about 50 times less.
The brief appearance of Iran’s disputed President Mahmoud Ahmadinejad may have gained all the headlines, but China’s announcement of a $10 billion fund to support the budgets of financially distressed ex-Soviet states, which followed hard on a $3 billion investment in Turkmenistan and a $10 billion investment in Kazakhstan, provides more evidence that China now wants to shape events across Eurasia.
Emancipation of thought and taste goes together with tolerance, with the indifference that so distressed Cioran.
Europe’s Necessary UnionBRUSSELS – The consequences of Europe’s debt crisis are all too present throughout much of the European Union, as distressed economies attempt to stabilize and grow at the same time.
The new tax law creates generous incentives to encourage private investment in distressed urban and rural areas; and a provision in the budget package will establish a competitive grant program to help states fund “pay-for-success” contracts.
To ensure that the program benefits distressed communities, and not just wealthy investors, governors will have to choose wisely when designating low-income zip codes as OZs.
Together, OZs and SIPPRA will increase the flow of private capital into programs to combat the problems confronting the most disadvantaged populations in the most distressed communities.
Fear of default in distressed countries is then transformed into doubts about the sustainability of core countries’ banks, as their lending to the weaker economies comes under scrutiny.
The eurozone has proven itself unable to develop a convincing economic strategy to revive economic growth, reduce public debt to normal levels, and raise credible liquidity walls around its distressed sovereigns.
The ECB could deal with the other driving force, the lack of financing for sovereign debt, by lowering its discount rate, encouraging distressed governments to issue treasury bills, and encouraging the banks to subscribe (an idea I owe to Tommaso Padoa-Schioppa).
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