Vulture
in sentence
54 examples of Vulture in a sentence
But does the uncertainty now circling Blair like a
vulture
now smell the appetizingly foul scent of a lie?
Finally, Macri’s government reached a deal with the so-called
vulture
funds and other holdout creditors that for more than a decade had blocked the country from accessing international credit markets.
The deal with the
vulture
funds was supposed to reduce the cost of financing and boost investor confidence, thereby attracting inflows of foreign direct investment (FDI).
The
vulture
funds have raised greed to a new level.
The fact that the International Monetary Fund, the US Department of Justice, and anti-poverty NGOs all joined in opposing the
vulture
funds is revealing.
Africa’s Hidden HungerDAR ES SALAAM – Just over 20 years ago, South African photographer Kevin Carter shocked the world with a controversial photograph of a famished young Sudanese child being watched by a
vulture
during a famine.
Kicillof has gained international recognition as the public face of Argentina’s fight against the so-called
vulture
funds that want to extort full payment on Argentine bonds that they purchased for a few pennies on the dollar.
But so-called
vulture
investors saw an opportunity to make even larger profits.
In Argentina, the authorities’ battles with a small number of “investors” (so-called
vulture
funds) jeopardized an entire debt restructuring agreed to – voluntarily – by an overwhelming majority of the country’s creditors.
In the case of Argentina, another US court allowed a small minority of so-called
vulture
funds to jeopardize a restructuring process to which 92.4% of the country’s creditors had agreed.
After Argentina defaulted on its sovereign debt in 2001,
vulture
funds bought defaulted bonds in the secondary market at a fraction of their face value, and then sued for full payment.
A Fair Hearing for Sovereign DebtNEW YORK – Last July, when United States federal judge Thomas Griesa ruled that Argentina had to repay in full the so-called
vulture
funds that had bought its sovereign debt at rock-bottom prices, the country was forced into default, or “Griesafault."
In the more recent past, poorly designed contracts created an opening for so-called
vulture
firms to take advantage of debtors through the restructuring process.
They gambled on a set of policies – making, for instance, untimely and unnecessarily large cuts in export taxes, paying off old, defaulted debt to so-called
vulture
funds with unconscionably high returns, and taking on new high-interest, long-term, dollar-denominated debt, all in the hope that market-friendly signals would lead to a rush of growth-spurring foreign investment.
As the IMF and other international stakeholders have appreciated, even so-called dual-limb CACs, which already existed in a few countries’ sovereign-bond contracts, would not prevent a
vulture
fund from holding out.
The beneficiaries obviously include the
vulture
funds.
What
vulture
funds and aggressive litigators want is to return to a world in which they use and abuse the courts to enrich themselves at the expense of developing countries, while undermining responsible players in international financial markets.
This situation is ripe for so-called
vulture
funds to exploit.
Vulture
funds have used this strategy against about a dozen African countries and a number of other sovereign debtors, most notably Argentina.
And now it is the time; from Hell's abyss come thirsting Tantalus, come Sisyphus heaving the cruel stone, come Tityus with vulture, and with wheel Ixion come, and come the sisters of the ceaseless toil; and all into this breast transfer their pains, and (if such tribute to despair be due) chant in their deepest tones a doleful dirge over a corse unworthy of a shroud.
Peace, for the love of God!Blush for what you have said, and take my advice, and forgive me, and marry at once in the first village where there is a curate; if not, here is our licentiate who will do the business beautifully; remember, I am old enough to give advice, and this I am giving comes pat to the purpose; for a sparrow in the hand is better than a
vulture
on the wing, and he who has the good to his hand and chooses the bad, that the good he complains of may not come to him."
After all, 'a sparrow in the hand is better than a
vulture
on the wing.'"
Sancho said he might do as he pleased; but that for his own part he would like to finish off the business quickly before his blood cooled and while he had an appetite, because "in delay there is apt to be danger" very often, and "praying to God and plying the hammer," and "one take was better than two I'll give thee's," and "a sparrow in the hand than a
vulture
on the wing."
Solitude would be no solitude--rest no rest--while the vulture, hunger, thus sank beak and talons in my side.
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