Debt for drugs swaps are currently being considered.

High public debt is also being invoked in support of fiscal austerity in many developed countries.

The European debt crisis, for example, remains far from being resolved.

Yet, in addition to being horribly painful, domestic deflation threatens the sustainability of public and private debt.

The external debt problem of the developing countries is still far from being solved.

Details of further debt reduction measures were being worked out by the Paris Club.

Much is being made of high levels of sovereign debt on both sides of the Atlantic, and in Japan.

Only if the guarantees are called in does a full insolvency occur, with the entire public debt being rescheduled.

When his uncle died, Manuru inherited his uncle's debt, which further forced him into being enslaved in the mines.

One clear cut indicator of a country apos s failure to service its debt and thus its being in a debt crisis is the accumulation of payments arrears, because arrears are nothing but the direct result of debt servicing failure.

5. The debt problem of the poorest developing countries was, however, far from being resolved.

Debt difficulties remain, however, in particular in poorer countries, as analysed in the report of the Secretary General on the external debt crisis and development also being presented to the General Assembly at its forty ninth session.

The medicine that has helped, and that remains necessary for the time being, is government debt.

Deflation, on the other hand, increases debt, and feels like being smothered by a lead blanket.

The lord of that servant, being moved with compassion, released him, and forgave him the debt.

Arrears are, however, not the most comprehensive indicator of debt servicing difficulty a country can anticipate potential problems, refinance its debt and avoid being forced into arrears.

Debt reduction should cover a greater proportion of the debt, in certain cases the total debt.

There were some successes last year, the most important being that our foreign debt, which restricts our economic sovereignty, is close to being paid off.

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

Yeah. I'm in debt.

I'm drowning in debt.

The fiscal response tax cuts and spending increases has varied considerably, being somewhat more tepid in debt averse Europe than in the US and China.

To a large extent, the external debt crisis is being overcome in many middle income countries, although it has become worse in low income ones.

If Italy s situation worsened, debt mutualization in one way or another would ultimately end up being the only alternative to large scale default.

For in our financial system money is debt, and debt is money.

Do you ask them for a reward , so that they are wary of being weighed down with debt ?

Do you ask them for a reward , so that they are wary of being weighed down with debt ?

In the treatment of the debt of countries in debt crisis, international policy has evolved very considerably, particularly as regards commercial bank debt.

Debt sustainability and debt relief

Recent developments in external debt

This is needed to prevent even more private debt being put on government balance sheets, causing a fiscal blowout.

It may even lead to the US no longer being viewed as a good place to issue sovereign debt.

57. A new approach in official bilateral debt calls for bolder measures in two key areas, debt reduction and the institutional framework for debt relief.

3. Debt issues in a development context, including the recent evolution of debt rescheduling.

B. External debt and debt relief

In spite of the increase in total debt, debt burden indicators, which largely reflect debt servicing capacity, have improved at the aggregate level (see figure 1).

38. As in the past, the external debt data used in the preparation of the scale represent debt stock information obtained from World Bank World Debt Tables.

Emphasizing the important role that private sector creditors play in debt relief and debt sustainability,

Many speakers stated that debt sustainability analysis was an important element in improving debt management.

Item 3. Debt issues in a development context, including the recent evolution of debt rescheduling

The external debt is approximately 10,000 million, the highest per capita debt in the world.

He is deeply in debt now.

C. Difficulties in servicing multilateral debt

No. I'm still in your debt.

For the most part, countries in the latter category of debt crisis, concentrated in Africa, remain mired in debt problems.