Resort
in sentence
664 examples of Resort in a sentence
Terrorist groups have to
resort
to organized crime to fund themselves.
Because households can
resort
to safe-deposit boxes, it’s hard for banks to charge depositors for safekeeping their funds.
Indeed, in recent years, eurozone authorities have introduced several policies for fighting financial crises – including government-backed rescue funds, a partial banking union, tougher fiscal controls, and a role for the European Central Bank as lender of last
resort.
In the case of a risk-off, emerging markets and advanced-economy financial sectors with massive dollar-denominated liabilities will no longer have access to the Fed as a lender of last
resort.
The only institution that can crank up the printing press – the European Central Bank – will never
resort
to monetization of fiscal deficits.
The study concludes that men may be more likely to engage in assertive and violent forms of manipulation, while women may
resort
to covert, restrained, and concealed deceptive tactics, such as rumors and gossiping.
Once back in rural Afghanistan, forced into brutal marriages, many desperate women – especially returnees from Iran –
resort
to self-immolation.
Its two key proposals are a set of criteria (including last resort, proportionality, and balance of consequences) to be taken into account before the Security Council mandates any use of military force, and a monitoring-and-review mechanism to ensure that such mandates’ implementation is seriously debated.
Gauck told Germans in no uncertain terms that they had to be willing to use force, at least as a last resort, and reproached those of his fellow citizens “who use Germany’s guilt for its past as a shield for laziness or a desire to disengage from the world.”
So this is what a US debt default would look like: the private sector would collapse, unemployment would quickly surpass 20%, and, while the government would shrink, it would remain the employer of last
resort.
A better approach would be to regulate individual banks, branches, and even loans, while limiting the Fed’s interventions to those that serve its original purpose of ensuring an adequate monetary base and acting as lender of last
resort
during panics, like the 2008 financial crisis.
Some even embraced the argument of the US libertarian Ron Paul, blaming the very existence of the Federal Reserve as a lender of last
resort.
However, it stresses that the use of military force has to remain the ultimate
resort
which does not necessarily mean the last.
The idea is that the US government would serve as buyer of last
resort
for the junk debt that the private sector has not been able to price.
In this region, mass protests have traditionally been a weapon of last
resort.
The European Monetary Union acted as a powerful catalyst for European integration, rapidly bringing together 17 diverse economies in a single monetary union – but without fiscal solidarity, a way to enforce fiscal discipline, or an established lender of last
resort.
I subscribe to a different view: wars should be a last
resort
and should be constrained by democratic scrutiny.
For a regime whose credibility is gone, the costs of maintaining power are exorbitant – and eventually unbearable – because it must
resort
to repression more frequently and heavily.
Of course, some of the pessimism arises from the weakness of Europe, which has agreed only that the European Central Bank be lender of last resort; and some stems from recognition of the limits of quantitative easing.
Unlike most central banks, the ECB cannot act as a lender of last resort, which, in conjunction with the absence of common bonds (Eurobonds), induced large-scale speculation on intra-European national debts.
It is not difficult to fathom why Orban, who in 2000 received the Dalai Lama, would
resort
to such insincere praise – and even wax rhapsodic about Hungary’s “historical alliance” with China.
The absence of a lender of last
resort
in today’s world only magnifies the threat involved in each crisis.
But it will not be big enough to dispel convertibility risk and hence demonstrate the ECB’s credibility as a lender of last
resort.
Thus, the ECB is founded on rules that prevent it from serving as lender of last
resort.
Eurozone authorities may claim that a Greek exit no longer poses a systemic risk, given the introduction in recent years of various instruments for fighting financial crises, including government-backed rescue funds, a partial banking union, tougher fiscal controls, and the European Central Bank’s new role as lender of last
resort.
First, it is strange that Europe has agreed to provide assistance only as a last resort, by unanimity and with harsh conditionality, at a time when the International Monetary Fund has created first-resort, near-automatic, and low-conditionality facilities to help countries hit by sudden capital outflows.
Flush toilets are taken for granted in rich countries, but they are so scarce in India that the country accounts for 600 million of the one billion people worldwide who must
resort
to open defecation.
The ECB’s refusal to be a lender of last
resort
forced the creation of a surrogate institution, the European Financial Stability Facility.
But the leaders of Parliament also believed that the absence of a codified authority to act as lender of last
resort
would not keep the Bank of England from doing so when necessity commanded.
Because the ultimate truth is beyond the reach of humankind, these ideologies must
resort
to oppression to impose their vision on society.
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