Resort
in sentence
664 examples of Resort in a sentence
The day after Medvedev’s departure from Vladikavkaz, terrorists blew up the ski lifts at the
resort
in Nalchik, not far from Sochi, where, for Russia, much more than winning medals will be at stake in 2014.
Looking ahead, Yi may have to
resort
to more than verbal assurances to support the exchange rate.
The ECB could solve the problem by acting as buyer of last
resort
for all of the debt shunned by financial markets.
But President Barack Obama and his congressional allies have rejected the consensus that government should be only a last
resort
for those in need, in favor of greater dependence, for both individuals and firms, on entitlement programs and other public spending, targeted tax breaks, regulations, and loans.
Was the war justified in terms of costs and benefits, and was war really the last
resort?
Under such conditions, and in the absence of other economic opportunities, communities may
resort
to violence as they compete for food and scarce resources.
Citizens who can help to shape their country’s public policies through elections and other legal political activities are less likely to
resort
to extra-constitutional means.
Chinese property values and manufacturing assets would also be vulnerable, as the US abandons its role as importer of last
resort
and China’s coastal-export development strategy turns out to be a dead end.
So the question arises: how are private bondholders to be convinced to get rid of their Greek bonds at a loss if there is a credible buyer of last
resort?
The same cannot be said of the less frequent need (one hopes) for the monetary authority to act as lender of last
resort
to commercial banks and even to the government.
Third, there is the issue of last resort: has every non-military option been explored and found unlikely to succeed?
Fiscal policy would also be straightened out because the central bank was no longer the lender of last
resort.
But another, more pernicious, part of the answer may lie in the strategies to which political leaders
resort
in order to get elected.
The ECB is now capable of lender-of-last
resort
operations, like its counterparts in the US and UK.
These households
resort
to traditional fuels such as wood, oil, and candles for heating and lighting, leading to severe indoor pollution, not to mention chronic fire hazards.
More an enemy of Israeli-Arab reconciliation than of Israel as such, the Mullahs’
resort
to an incendiary anti-Jewish, pan-Islamic discourse is aimed at ending Iran’s isolation and presenting its regional ambitions in a light palatable to the Sunni masses.
This would not be achieved, however, through an inevitably imperfect sanctions regime, or by America’s
resort
to Cold War logic aimed at breaking Iran’s backbone by drawing it into a ruinous arms race.
This trend can be traced back at least to 2004, when a fast-growing trade surplus and massive capital inflows, as well as relentless exchange-rate appreciation, forced the People’s Bank of China (PBOC) to
resort
to monetary expansion as a hedge against the resultant risks.
This first became apparent when the International Olympic Committee awarded the 2014 Winter Games to the Black Sea
resort
of Sochi.
The German court’s ruling jeopardizes the ECB’s ability to act as an effective lender of last resort, thereby reducing its independence and ultimately undermining its ability to deal with market panics and crises – and thus to fulfil its primary mandate of price stability.
Failure to implement the spending cuts and revenue increases needed to reduce the budget deficit would undermine confidence in the economy’s prospects and increase speculation that the government would eventually
resort
to some form of debt repudiation.
If it is not part of a currency union, it can
resort
to market intervention to support its currency, using and losing its foreign-exchange reserves in the process.
The fact that countries can
resort
to double-digit inflation rates and print their way out of a debt crisis is hardly reassuring.
The IMF’s proposed guidelines recommend that countries deploy capital-account regulations only as a last
resort
– that is, after such measures as building up reserves, letting currencies appreciate, and cutting budget deficits.
Among other findings and recommendations, our task force pointed out that in the cases where the IMF found capital-account regulations to be effective, such measures were part of a broader macroeconomic toolkit, and were deployed early on, alongside other measures, not as a “last resort.”
Consigning such measures to “last resort” status would reduce the available options precisely when countries need as many tools as possible to prevent and mitigate crises.
If we are serious about improving working conditions everywhere, we should
resort
to experts on human rights, labor markets, and development, and raise the profile of the International Labor Organization instead.
This is especially true when the emergence of systemic banking problems calls for support from a lender of last
resort.
If the PBOC is to prioritize financial stability and commit to fulfilling its role as a lender of last resort, it may be preferable to accept that devaluation in inevitable – before the country’s foreign-exchange reserves are depleted.
The Security Council would judge the legitimacy of such action by whether it met the age-old criteria of just war: the seriousness of the threat, the purpose of the response, whether force is a last resort, whether it is used in a proportionate way, and whether there is a reasonable balance of good and bad consequences.
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