Rescue
in sentence
1095 examples of Rescue in a sentence
Europe’s Crisis TreadmillBERKELEY – This month marks the fourth anniversary of the May 2010 financial
rescue
of Greece.
The
rescue
thus marked Europe’s descent into full-blown crisis.
The Bundesbank’s position on this question is well known; a leaked submission to the Constitutional Court last year declared unequivocally that, “It is not the duty of the ECB to
rescue
states in crisis.”
Moreover, even when public
rescue
costs are inevitable, they are typically small change compared to the economic harm wrought by the financial crisis and post-crisis recession.
Israel recently became the first country to conclude an Individual Cooperation Program with NATO, through which it conducts an ongoing strategic dialogue with the Alliance covering a wide array of areas, including terrorism, intelligence sharing, nuclear proliferation, procurementand logistics, and
rescue
operations.
Lame Ducks in LoveFLORENCE – Fears about sovereign debt and doubts about the euro
rescue
package have pushed the question of international reserve currencies to the fore.
The recent frenzy of high-level telephone diplomacy, in which US President Barack Obama pressed European leaders to act to
rescue
the euro, showed this dynamic to be alive and well.
Indeed, the remarkable unanimity that prevailed in the first phase of the financial crisis that began in 2008, and which culminated in the $1 trillion
rescue
package put together for the London G-20 meeting in April 2009, dissipated long ago.
With German leaders insisting on charging penalty rates for providing assistance, the crisis festered – and the
rescue
costs continued to grow.
It would be unfortunate if the finance ministers merely sit around and beg Fed Chairman Ben Bernanke and European Central Bank head Jean-Claude Trichet to
rescue
them with rate cuts.
But banks are regulated and supervised nationally – as they must be, because any
rescue
in the event of a large bank failure becomes a fiscal issue, with the cost borne by taxpayers in individual states rather than by the EU as a whole.
In response, European governments, the European Central Bank, and the International Monetary Fund arranged a €700 billion emergency eurozone
rescue
program to calm the financial storms.
Migration challenges remain, and reform of the EU’s methods for managing immigration is desperately needed, as the recent scandalous treatment of the Aquarius
rescue
vessel, which Italy and Malta turned away, made all too clear.
When problems started to surface, the finance minister at the time initially claimed that the country would carry out “the cheapest bank
rescue
ever.”
Economic (and political) logic requires that the eurozone will soon also need a common bank
rescue
fund.
A Coast Guard Chiefs’ forum will be meeting soon to work on strengthening search and
rescue
capabilities.
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.
Amid a re-run of last year’s lurid schoolyard taunts – “little rocket man” and “mentally deranged dotard” – Moon will be desperate to
rescue
a semblance of improvement in relations with the North.
(The Cyprus
rescue
made the need more acute by making the field even more uneven.)
They travel at night, when neither border police nor
rescue
operations can see them.
Even if European institutions like the ECB continued to extend
rescue
operations, they could not compensate for a lack of reform.
Paulson, the outgoing Treasury Secretary and another Goldman Sachs veteran, left a loophole in his
rescue
package big enough for a truck to drive through.
In the face of the difficulties of big automobile producers and smaller suppliers alike, many are demanding that, as part of the
rescue
package, the state should compel banks to lend.
This is all the more infuriating for Germans, given that their country bore the heaviest financial burden for the
rescue
programs carried out in Cyprus, Greece, Ireland, Portugal, and Spain in recent years.
Against this background, if financial crises were again to intensify, Germany’s EU partners probably could not expect the country to agree to any financial
rescue
programs.
Should the process fail, Kerry warns, the US will not be able to
rescue
Israel from the wave of international condemnation and sanctions that would be unleashed against it.
Who Will
Rescue
the Rest of Us?SYDNEY – The
rescue
of the 33 Chilean miners, from what was feared would be their tomb, gave the world something to cheer about.
But who, exactly, is responsible for the
rescue
operation?
Now China may become the target of a full-fledged trade war that could destroy – or perhaps
rescue
– the chances of bringing rich and poor nations together to fight global warming.
Despite the bail-in of four local banks, the bailout of Monte dei Paschi (one of Italy’s systemically important banks), the liquidation of two regional banks, and the market-led
rescue
of the mid-size banking group Carige – all within two years – the banking system has yet to be stabilized.
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