Reserves
in sentence
1741 examples of Reserves in a sentence
If there is a chance of a bigger meltdown because
reserves
are depleted and a vast external debt might not be rolled over, defending the currency risks an even greater meltdown as more speculators join the fray.
China’s $3.2 Trillion HeadacheBEIJING – While the downgrade of United States government debt by Standard & Poor’s shocked global financial markets, China has more reason to worry than most: the bulk of its $3.2 trillion in official foreign
reserves
– more than 60% – is denominated in dollars, including $1.1 trillion in US Treasury bonds.
Much of China’s official foreign
reserves
have accumulated because the PBC seeks to control the renminbi’s exchange rate, keeping its upward movement within a reasonable range and at a measured pace.
With risk assets’ long-term valuation falling and pressure to prick price bubbles rising, China’s capital
reserves
will be insufficient to refinance the developed countries’ debts cheaply.
OCP Group is a leading phosphate producer, with access to approximately 70% of the world’s phosphate
reserves.
It operates in Western Sahara through its subsidiary Phosboucraa, which represents about 6% of OCP’s business turnover and approximately 1.6% of its phosphate
reserves.
If that does not come debtors will try and escape the burdens of dollar debt by staging a run on the central bank's
reserves.
Growth has been strong, inflation is under control, and international
reserves
have increased steadily.
But it clearly began to expand in the recent past, perhaps as a symptom of a “natural-resource curse,” stemming from the discovery of deep-sea pre-salt oil
reserves
during the 2000-2014 commodity super-cycle.
Subsidies directed toward discovering and exploiting new fossil-fuel
reserves
are among the most wasteful – and the most damaging.
According to the International Energy Agency, no more than one-third of known
reserves
can be exploited if this goal is to be achieved.
The Overseas Development Institute and Oil Change International have provided the first financial audit of subsidies allocated specifically to the discovery of new fossil-fuel
reserves
by G-20 countries.
If current fossil-fuel
reserves
are exploited, we will be faced with potentially catastrophic global warming of 4ºC over the course of the twenty-first century.
Governments are using public money to discover new
reserves
that, if exploited, will drive the world to climate disaster even faster.
Cameroon is expected to attract $10 billion over the next few years to develop some of the most promising new mineral
reserves
in the region, while Equatorial Guinea is pushing infrastructure development.
Her inner
reserves
of faith, indeed, kept her going through every hardship.
With oil prices experiencing a prolonged slump, and new sources (for example, Iran) coming onstream, the Saudis will not find dipping into financial
reserves
quite as effortless a proposition as it has been in the past.
To be sure, by the standards of most countries, Saudi financial
reserves
are enormous; but so are the aspirations of its disgruntled public, not to mention the growing regional problems and the regime’s sense that it must step up its efforts – often financial – to counter Iran’s growing regional influence.
Allowing the renminbi to help meet global demand for international
reserves
and risk diversification would also strengthen global financial stability.
China’s reliance on large trade surpluses and foreign-exchange
reserves
to fund the expansion of its global footprint makes it all the more vulnerable to the current pushback.
In fact, even if China shifts its strategy and adheres to international rules, its trade surplus and foreign-currency
reserves
will be affected.
The Brahmaputra Canyon – twice as deep as the Grand Canyon in the United States – holds Asia’s greatest untapped water
reserves.
Since the end of August, the Central Bank has sold an estimated $25 billion of foreign exchange
reserves
to defend the currency.
Total
reserves
have dropped from around $70 billion to the current level of around $45 billion, and they seem set to drop further.
Indeed, despite perpetual talk of an overheating economy, China’s exports and retail sales are soaring, and its foreign-exchange
reserves
now approach $2.5 trillion, even as America’s fiscal and trade deficits remain alarming.
Countries that save too much export too much, according to conventional wisdom, resulting in high trade surpluses and growing foreign-exchange
reserves.
But if exports continue to grow in the absence of consumption-led import growth, distortions occur and the trade surplus and foreign
reserves
increase.
Because of its large trade surplus ($40 billion in 1997) and increasing foreign exchange
reserves
($139.9 billion, equal to 15% of GDP) China is struggling against the pressures of the RMB’s appreciation, rather than depreciation.
So a trade surplus remains, and foreign exchange
reserves
continue to grow, and now stand at about $150 billion.
While China’s foreign
reserves
are now rapidly falling, Germany’s are rising.
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