Distressed
in sentence
324 examples of Distressed in a sentence
US financial institutions should have continued to lend to
distressed
borrowers, in order to prevent a spiral in which credit rationing forced price reductions and intensified world deflation.
But Germany and other northern European countries are reticent to underwrite what they view as
distressed
countries’ irresponsible borrowing.
It has even acquired infrastructure in
distressed
eurozone countries like Portugal and Greece – a move that reflects a lack of strategic thinking on Europe’s part.
But Trump’s claim is consistent with his intense focus on “deals,” as if trade negotiations were a one-off transaction for the next luxury property or package of
distressed
debt.
To be sure, if the market fell sharply, the Fed would activate the “Greenspan-Bernanke Put,” providing large amounts of liquidity to
distressed
intermediaries.
But, though the Syriza party’s victory sent Greek equities and bonds plummeting, there is little sign of contagion to other
distressed
countries on the eurozone periphery.
At the height of the crisis, debates raged over fiscal, political, and banking union; but, as the
distressed
countries’ bond yields have fallen, reforms have become increasingly unambitious.
MUNICH – In blatant violation of the Maastricht Treaty, the European Commission has come forward with one bailout plan after another for Europe’s
distressed
economies.
These were bonds issued by
distressed
Latin American countries in the early 1990’s as part of an arrangement to reschedule their international debts.
First, we are deeply
distressed
to watch an economy collapse before our eyes, with bread lines and bank queues not seen since the Great Depression.
In mid-August, I had the temerity to predict that risks had come home to roost, and that a large US investment bank might soon fail or be forced into a highly
distressed
merger.
Investment bankers have been losing their cushy jobs because they could not figure out any convincing way to price
distressed
mortgage debt.
Europe must break the vicious circle linking
distressed
sovereign borrowers with banks that are obliged, or at least encouraged, to buy their bonds, which in turn provide the funding for bank rescues.
It could also be relevant to purchases of debt from
distressed
member states.
How often, under what conditions, and for how long should the IMF offer financial assistance to
distressed
nations?
When the IMF rescue squad rushes to help a
distressed
nation, whom are they there to protect?
This realization – that the European taxpayer does not have to save every troubled bank – might have a very beneficial effect, because Germany’s resistance to a banking union is motivated by the fear that German taxpayers would be forced to underwrite indirectly the losses of banks in the
distressed
countries of the eurozone periphery.
The regulators are focusing on an important feature of derivatives contracts that allows the derivatives industry to close out their dealings abruptly with a financially
distressed
entity, thereby making the institution incapable of recovering.
Pulling the OMT TriggerCHICAGO – Europe has been experiencing a period of calm after the storm since European Central Bank President Mario Draghi’s “whatever it takes” speech in July and the ECB’s decision in September to proceed with its “outright monetary transactions” (OMT) program to purchase
distressed
eurozone members’ government bonds.
Breaking the negative feedback loop between
distressed
sovereigns and
distressed
banks – whereby bank rescues exhaust fiscal resources and make it likely that the next financial institution in trouble will not be able to count on government support – requires ensuring that it will not recur even in extreme circumstances.
It should be used, first, to allow other
distressed
countries to regain or consolidate their financial credibility, and, second, to pave the way for an orderly restructuring of Greek debt, which requires preparation.
Policymakers will have to worry about a strange beast called “stag-deflation” (a combination of economic stagnation/recession and deflation); about liquidity traps (when official interest rates become so close to zero that traditional monetary policy loses effectiveness); and about debt deflation (the rise in the real value of nominal debts, increasing the risk of bankruptcy for
distressed
households, firms, financial institutions, and governments).
I expect that most of us tend to be deeply distressed– and often devastated– when we look at the news and see what is happening in Darfur, Zimbabwe, and the Congo.
One reason that interest-rate spreads in financial markets remain high is that
distressed
eurozone countries’ growth prospects look so weak.
Abandoning the euro, for example, would cripple the continent’s banking system, affecting both Germany and the affluent north and the
distressed
countries in the south.
Calls are rampant for surrendering fiscal sovereignty; for dramatic recapitalization of the financially vulnerable banking system; and/or for Greece and possibly other
distressed
eurozone members to quit the euro (or for establishing an interim two-tier monetary union).
Disagreement among and between heads of state and the ECB over the Bank’s purchases of
distressed
sovereign debt have only added to the uncertainty.
A decent pan-European economic recovery, and successful gradual fiscal consolidation, would allow the
distressed
sovereign bonds to rise in value over time.
Prices of bank shares and the Euribor-OIS spread (a measure of financial stress) signal a profound lack of confidence in the sovereign debt of
distressed
countries, with yields on ten-year Greek bonds recently hitting 25%.
On the contrary, the ECB is adamant that the only aim of its “outright monetary transactions” (OMT) program, which will buy
distressed
eurozone members’ government paper, conditional on agreed reforms, is to contain the currency-redenomination risk that contributes to elevated interest rates in southern European economies.
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