Obligations
in sentence
719 examples of Obligations in a sentence
Across Europe, potential debt
obligations
due to unfunded pensions range from 90-360% of GDP.
But, as the EU’s experience also shows, such “binding”
obligations
are not always treated as unassailable, particularly during times of economic stress.
Egypt enjoyed the beginnings of democracy, true representation, constitutionalism, and, crucially, the notion – central to modern citizenship – of equal rights and
obligations.
And one can easily understand civil servants’ strong reluctance to disregard legal
obligations
and risk criminal liability for breach of trust.
For purposes of both legality and legitimacy, it is vital to ensure that an unwise and ineffective intervention does not undermine the overall balance of legal rights and
obligations
in the UN Charter and related human rights and humanitarian norms.
North Korea unilaterally repudiated all of its
obligations
under agreements reached with five negotiating parties.
Not only is its professional capacity dubious, as the NECU study highlighted; its independence has been dramatically curtailed by the government’s recent decision to reduce significantly regulatory
obligations
for businesses and state-owned companies (except with regard to taxation).
Europe’s Financial AlchemyCHICAGO – It is universally recognized that a key factor underlying the 2007-2008 financial crisis was the diffusion of collateralized debt
obligations
(CDOs), the infamous special-purpose vehicles that transformed lower-rated debt into highly rated debt.
Without regard for the political consequences, Merkel is trying to escape the specifically German contradiction between national solutions and European constraints by advocating a rigorous fiscal-consolidation program, severe punishment for non-compliance (including loss of EU voting rights), and a trigger mechanism for member states that lag in meeting their
obligations.
China’s decision to withhold crucial data is not only cruel; it also breaches the country’s international
obligations.
Were the roles reversed, a downstream China would have stridently accused an upstream India of exacerbating flood-related death and destruction by breaching its international
obligations.
So, even if the Greek government defaults on all of its debt, it might have no option but to print pieces of paper in order to meet its
obligations.
Countries join alliances, or entities such as the European Union, because these groups make the benefits and
obligations
of membership as unambiguous as anything in international relations can be.
In many Asian countries, favors invariably create obligations, which is perhaps why people are sometimes disinclined to interfere in the problems of others.
Moreover, free labor mobility means that individuals can choose whether to pay their parents’ debts: young Irish can simply escape repaying the foolish bank-bailout
obligations
assumed by their government by leaving the country.
The new Polish constitution gives an elegant answer: It acknowledge both traditions: " We, the Polish Nation - all citizens of the Republic, both those who believe in God as the source of truth, justice, good and beauty, as well as those not sharing such faith but respecting those universal values as arising from other sources, equal in rights and
obligations
towards the common good …"A similar solution should be found for the European Constitution.
Given banks’ fiduciary
obligations
to their customers, this is not an entirely bad trait.
Indeed, the much-vaunted market for collateralized debt obligations, which divides risks into tranches and places the different risk levels in different places according to the willingness to accept them, has plausibly played a role in boosting asset prices.
Since joining the World Trade Organization in 2001, China has been accused of failing to meet its market-access obligations, and even of having regressed in some areas.
US long-term growth could be particularly dismal, as the Obama administration steers the country toward more European levels of welfare assistance and income redistribution,Countries with European-style growth rates could handle debt
obligations
of 60% of GDP when interest rates were low.
To be sure, they will help to prevent banks from using instruments resembling collateralized debt
obligations
(which banks use to repackage individual loans for placement on secondary markets) to reduce their exposure.
This need not mean outright default; a plan to repay principal and interest with low-interest securities rather than cash – or to withhold income tax on interest earned from government bonds, crediting those taxes against the
obligations
of American taxpayers – would achieve the same result.
The prices of structured securities such as collateralized debt
obligations
have come down, because the institutional fraud of a multi-fold chain of securitizations has been detected.
Disarmament must be rooted in legal
obligations.
These pillars support two classes of sovereignty: American sovereignty, which takes precedence over international treaties and obligations; and the sovereignty of all other states.
Finally, governments should be guided by the European Court of Human Rights’ rulings that states have “positive obligations” to protect those who exercise their right to free expression.
The entire sub-prime market is largely a decade-old innovation – the word “sub-prime” did not exist in any language before 1994 – built on such things as option adjustable-rate mortgages (option-ARM’s), new kinds of collateralized debt obligations, and structured investment vehicles.
Anyone found to be illegally evading their tax
obligations
in Switzerland faces severe financial penalties.
With local governments and companies struggling to make interest payments, they are forced into a vicious cycle, borrowing from the shadow banking sector to meet their obligations, thereby raising the risk-free interest rate further.
Yet, if the EU bows to US demands for “voluntary” limitations on its steel exports, it might also violate its WTO
obligations.
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