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59 Sentences With "credit squeeze"

How to use credit squeeze in a sentence? Find typical usage patterns (collocations)/phrases/context for "credit squeeze" and check conjugation/comparative form for "credit squeeze". Mastering all the usages of "credit squeeze" from sentence examples published by news publications.

This has led to a severe credit squeeze for smaller firms.
But the credit squeeze on them this spring has been particularly painful.
But critics of the company say WeWork will face a credit squeeze in a downturn.
The use of more intensive credit checks has previously raised concerns of a credit squeeze.
He added that financial trouble within the oil industry could force a credit squeeze beyond the energy sector.
A government cap on banks' lending rates last September worsened the credit squeeze as banks shunned risky lending.
De Beers reduced its output and prices last year amid declining demand in China and an industry credit squeeze.
But as we saw in 2000-02, an equity sell-off has less severe economic consequences than a credit squeeze.
"There is a credit squeeze, there is prolonged monsoon, a weaker government expenditure and fall in consumer demand," Rao said.
But if such a slump is accompanied by rising unemployment and a credit squeeze, they will be in no position to benefit.
But the cap led to a private credit squeeze, as banks said it forced them to cut back on high-risk loans.
But that has led to a private credit squeeze, as banks say it forced them to cut back on loans to high-risk groups.
Developers more recently have been hit by a credit squeeze as banks struggle with bad debts and a crunch in the shadow banking sector.
The survey showed that a credit squeeze due to a cap on commercial lending rates, in place since late 2016, had also worsened conditions.
But this has led to a private credit squeeze, with banks saying the move forced them to cut back on loans to high-risk groups.
This implies that central bank tightening to curb overly robust growth or inflation risks creating a credit squeeze — hence the caution in Washington, Frankfurt, Beijing and Tokyo.
BASF's crop chemicals unit is also perking up, after weak crop prices and an ongoing credit squeeze in Brazil earlier in 2017 hurt farmers and weighed on the business.
"The deleveraging drive will continue but the intensity could moderate, as the credit squeeze has driven up interest rates," said Li Huijie, head of research at Pengyuan Credit Rating in Beijing.
India is witnessing a slowdown in its auto sector, hit by a credit squeeze, higher insurance costs and a pile-up of inventory, prompting automakers including Maruti Suzuki and Ashok Leyland Ltd to cut production.
The results mark Mumbai-based Yes Bank's fifth straight quarter of weak earnings as the lender struggles to recover from an ongoing credit squeeze in the Indian economy as well as a pile of bad loans.
Travel bans, quarantines and the closure of restaurants and shops in western countries have raised fears of a self-fulfilling credit squeeze like the one that followed the collapse of Lehman Brothers almost 230 years ago.
Unit sales at the carmaker dropped for the eighth straight month in September, with the industry also battling a credit squeeze, higher insurance costs and a shift towards ride-hailing services such as Ola and Uber Technologies Inc.
"Markets are quite concerned about whether the takeover itself suggests something is very wrong, whether there will be more such takeovers and whether China will experience some kind of credit squeeze," Lu Ting, chief China economist at Nomura in Hong Kong, said.
In addition, the ECB launched a third Targeted Long-Term Refinancing Operation (TLTRO III) consisting of two-year loans partly aimed at helping banks roll over 720 billion euros in existing TLTRO and avoid a credit squeeze that could exacerbate the current economic slowdown.
In addition, the ECB launched a third Targeted Long-Term Refinancing Operation (TLTRO III) consisting of two-year loans partly aimed at helping banks roll over 720 billion euros in existing TLTROs and so avoiding a credit squeeze that could exacerbate the current economic slowdown.
The results were also hurt by a one-time deferred tax asset adjustment of 7.09 billion rupees related to the bank's shift to India's new corporate tax structure, Yes Bank said here Chief Executive Officer Ravneet Gill, who took charge in March, last month warned that the credit squeeze in the economy had hurt the bank's asset quality, which was already hammered by exposure to troubled infrastructure, aviation and housing finance companies.
McFadyen was a genial man, a keen reader and follower of horse racing. His clubs included the Caulfield Returned Servicemen's League, Canberra Golf Club and the Essendon Commercial Travellers Association. The 1960 Credit Squeeze had an impact on his investments and savings. His last residence was 3 Newton Court, St Kilda.
William L. Dawson of Chicago, Alderman Archibald J. Carey, Jr. of Chicago, Rep. Charles Diggs of Michigan, and NAACP attorney Thurgood Marshall. One of the entertainers was Mahalia Jackson. In 1954, Howard hatched a plan to fight a credit squeeze by the White Citizens Councils against civil rights activists in Mississippi.
With a vision and persistence LJ survived bankruptcy, the Great Depression, World War II and the 1960s credit squeeze to build an empire.Hooker, N. LJ Hooker The Man, 2011. When LJ retired from the company in 1974, the Hooker Group had more than 2300 staff and assets of almost $200 million.
The Great Depression dragged on through the 1930s despite the New Deal programs, which were met with mixed success in solving the nation's economic problems.Nicholas Wapshott, Keynes Hayek, "In June, 1937, Roosevelt re- embraced orthodoxy with spending cuts, a credit squeeze, and an increase in taxes. [...] Soon after, America was heading back into recession.", p.
Retrieved 15 December 2017. The credit squeeze brought the Coalition dangerously close to losing the 1961 election, with the Coalition being returned with a precarious one-seat majority. There were calls for Holt to be sacked, but he retained Menzies' support. He later described 1960–61 as "my most difficult year in public life".
The Cotton Board, unlike other boards, had received support from its industry. It was used to help reorganise the industry in the late 1950s. Large scale government investment particularly to replace old equipment was facilitated by the Board, but a combination of a credit squeeze, cheaper imports led to a crisis of confidence. The reorganisation was not wholly successful.
Primary producers of commodities such as beef were caught in a credit squeeze as short-term rates rose to extremely high levels. Unemployment also rose significantly. Unease within the ALP led to Barnard's defeat when Jim Cairns challenged him for his deputy leadership. Whitlam gave little help to his embattled deputy, who had formed the other half of the duumvirate.
James Watt Jr. wrote to Robert Owen that it was "one of the most perfect that ever passed through our hands". Robert Owen's description of Jonathan and his partner Richard was less flattering: "two young men, inexperienced in the business, although they had capital". Trouble started in 1796 just as the factory was starting production. The fear of French invasion caused an international credit squeeze.
He also reluctantly agreed to an interest rate rise by the Reserve Bank. The credit squeeze was nicknamed the "Holt jolt". The economy went into recession, and unemployment rose to three percent, which was considered high for the time and contrary to the government's policy of full employment.It's half a century since Australia received the Holt Jolt, The Sydney Morning Herald, 23 February 2010.
Furracabad station was subsequently the site of the town of Glen Innes, which was named after him and laid out in 1851. During the 1830s, Innes was one of Australia's richest colonists. However, he lost just about everything in the 1840s credit squeeze and became bankrupt in 1852. He was later an assistant gold commissioner and magistrate at Nundle and afterwards police magistrate at Newcastle, New South Wales.
Primary producers of commodities such as beef were caught in a credit squeeze as short-term rates rose to extremely high levels. Unemployment also rose significantly. Unease within the ALP led to Barnard's defeat when Jim Cairns challenged him for his deputy leadership. Whitlam gave little help to his embattled deputy, who had formed the other half of the duumvirate. Despite these economic indicators, the Budget presented in August 1974 saw large increases in spending, especially in education.
The Coalition was narrowly returned against Labor's Arthur Calwell in the December 1961 election, in the midst of a credit squeeze. Menzies stood for office for the last time at the November 1963 election, again defeating Calwell, with the Coalition winning back its losses in the House of Representatives. Menzies went on to resign from parliament on 26 January 1966. Menzies came to power the year the Communist Party of Australia had led a coal strike to improve pit miners' working conditions.
87–88 These actions, which were combined with a general post-war economic depression and a credit squeeze caused by a shortage of hard currency, wrought havoc throughout the rural parts of the state. Conventions organized in the rural parts of the state submitted letters of protest to the state legislature, which was dominated by Bowdoin and the conservative wholesale merchants of the coastal portions of the state.Szatmary, pp. 38–42,45 This contemporary woodcut depicts two of the rebel leaders, Daniel Shays and Job Shattuck.
Due to a credit squeeze, the economy had gone into a brief recession in 1961 and unemployment had risen to high levels. This saw an increase in popularity for Labor; Menzies' case was not helped by an approach seen by the press, notably the Sydney Morning Herald, as inappropriately paternalistic. The Herald, which had long supported Menzies, switched sides to support Calwell and Labor, which gave Calwell the confidence to mount a spirited campaign. These factors were enough to see a swing against the Menzies Government.
Between the 19th and late 20th centuries, Barwell was a busy industrial village consisting of numerous shoe, hosiery and knitwear factories. These once large factories have all ceased trading. Competitive pressure from abroad was partly to blame; other factors included the 1965 Credit Squeeze which affected shoe and hosiery firms.Squeeze Affects Shoe And Hosiery Firms The Times, 21 August 1965 Nevertheless, Barwell still retains several industrial estates, including Dawsons Lane, Stapleton Lane and the larger Moat Way, which ostensibly specialise in warehousing and distribution.
Piccadilly station in 1989, with the concourse building opened in 1966, this was later redeveloped in 2002. The London Midland Region rebuilt the station at a cost of £1.75 million (equivalent to £ at prices) in preparation for electric train services to London. Most of the station was rebuilt, except for the Victorian trainsheds which remained mostly unaltered, although the two 1880s spans were shortened towards the concourse end. The station was reconstructed in two phases, 1958–60 and 1963–66; the break was the result of a national credit squeeze restricting funding for railway modernisation.
As the public face for Inphonic, he was praised for creating and growing the online business that dominates online sales for cell phones. He was criticized for growing the business too rapidly at the cost of customer service and revenue. This contributed to the downfall of Inphonic when the financial crisis of 2007–2010 began in 2007 with the credit squeeze on all companies. In November 2007, after Steinberg resigned as CEO and Chairman of the Board, InPhonic filed a Chapter 11 petition in the United States Bankruptcy Court for the District of Delaware.
He left the Browns after a short period. Marotta soon partnered with a friend, Samuel Glazer, a housing and mall developer, whom Marotta had known since high school. Glazer and Marotta had established North American Systems, with Marotta serving as the company's chairman and CEO from creation until the partners sold the company in 1987. However, a credit crunch in 1968 made real estate financing much more difficult to obtain, which hurt Glazer's and Marotta's business. Marotta pondered an alternative business to real estate due to the credit squeeze of 1968.
A credit crunch (also known as a credit squeeze, credit tightening or credit crisis) is a sudden reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from banks. A credit crunch generally involves a reduction in the availability of credit independent of a rise in official interest rates. In such situations, the relationship between credit availability and interest rates changes. Credit becomes less available at any given official interest rate, or there ceases to be a clear relationship between interest rates and credit availability (i.e.
Due to a credit squeeze, the economy had gone into a brief recession in 1961 Australia was facing a rising level of inflation in 1973, caused partially by the oil crisis happening in that same year, which brought inflation at a 13% increase. Economic recession hit by the middle of the year 1974, with no change in policy enacted by the government as a measure to counter the economic situation of the country. Consequently, the unemployment level rose and the trade deficit increased significantly. Another recession – the most recent one to date – came in the 1990s, at the beginning of the decade.
Prime Minister Brown, in an attempt to mitigate the credit squeeze in England, planned a package of three measures consisting of funding, debt guarantees and infusing capital into banks via preferred stock. The objective was to directly support banks' solvency and funding; in some economists' view, effectively nationalizing many banks. This plan seemed attractive to the Treasury Secretary in that it was relatively easier and seemingly boosted lending more quickly. The first half of the asset purchases may not be effective in getting banks to lend again because they were reluctant to risk lending as before with low lending standards.
HEPCO HWL110-2 Until the early 1950s construction remained in the hands of small domestic companies. Increased income from oil and gas and easy credit triggered a building boom that attracted international construction firms to the country. This growth continued until the mid-1970s when a sharp rise in inflation and a credit squeeze collapsed the boom. The construction industry had revived somewhat by the mid-1980s, although housing shortages and speculation remained serious problems, especially in large urban centers. As of January 2011, the banking sector, particularly Bank Maskan, had loaned up to 102 trillion rials ($10.2 billion) to applicants of Mehr housing scheme.
1786–1787: Shays' Rebellion: a Western Massachusetts debtor's revolt over a credit squeeze that had financially devastated many farmers. The federal government was fiscally unable to raise an army to assist the state militia in combating the uprising; the weakness of the national government bolstered the arguments in favor of replacing the Articles of Confederation with an updated governmental framework. 1791–1794: Whiskey Rebellion: a series of protests against the institution of a federal tax on the distillation of spirits as a revenue source for repaying the nation's war bonds. The revolt was centered upon southwestern Pennsylvania, although violence occurred throughout the Trans-Appalachian region.
Through the RCNL, Howard led campaigns to expose brutality by the Mississippi state highway patrol and to encourage blacks to make deposits in the black-owned Tri-State Bank of Nashville which, in turn, gave loans to civil rights activists who were victims of a "credit squeeze" by the White Citizens' Councils.David T. Beito and Linda Royster Beito, Black Maverick: T.R.M. Howard's Fight for Civil Rights and Economic Power, Urbana: University of Illinois Press, 2009, pp. 81, 99–100. After Claudette Colvin was arrested for not giving up her seat on a Montgomery, Alabama bus in March 1955, a bus boycott was considered and rejected.
Roy Wilkins as the Executive Secretary of the NAACP in 1963 In 1955, Wilkins was chosen to be the executive secretary of the NAACP and in 1964, he became its executive director. He had developed an excellent reputation as an articulate spokesperson for the Civil Rights Movement. One of his first actions was to provide support to civil rights activists in Mississippi who were being subjected to a "credit squeeze" by members of the White Citizens Councils. Wilkins backed a proposal suggested by Dr. T.R.M. Howard of Mound Bayou, Mississippi, who headed the Regional Council of Negro Leadership, a leading civil rights organization in the state.
Travers Morgan and Partners were appointed as consultants for the design of the bridge itself and the backwater bridges. As a result of a government credit squeeze, less than a week before contract documents were issued, the project had to be shelved until February 1960. The following June the contract in the sum of £309,903 16s 11d was awarded to The Cementation Company for the construction of the bridges and the new road and for the demolition of the free Ferry link foot bridge. The overall cost including improvements to the existing approach roads, street lighting, service diversions and landscaping, came to over £400,000.
One prominent Singaporean commodity firm, Agritrade International had gone bankrupt after being unable to service $1.55 billion in debt, while another, Hin Leong Trading, was struggling to manage almost $4 billion in debt. The Chief Economist of trading giant Trafigura expressed concern that the credit squeeze in Asian commodity markets would spread to the United States and Europe, stating, "We have been talking about this as a series of cascading waves. First the virus, then the economic and then potentially the credit side of it." On 17 April, the $105 billion in debt issued by Mexican oil giant Pemex was downgraded to junk status, making it the largest company to fall from investment grade.
In 2008, in response to public concerns over the availability and pricing of kerosene, African Petroleum launched an initiative to saturate the market and sell fuel at N50 per litre from more than 500 service stations across Nigeria. In March 2009, Otedola became the second Nigerian after Aliko Dangote to appear on the Forbes list of dollar- denominated billionaires, with an estimated net worth of $1.2 billion. In October 2009, Otedola announced a move to upgrade African Petroleum's liquefied petroleum gas (LPG) storage terminals in Lagos, Kano and Port Harcourt. Difficult economic conditions caused by the slump in world oil prices and credit squeeze of 2008–09 led African Petroleum to record a loss in 2009.
Samuel had arrived in Hobart aboard the "Lang" in September 1830 and was employed as bookkeeper for Van Diemens Land Co at Circular Head Tasmania. In 1835 he left the company and sailed to Westernport, it has been suggested that the sloop "Rebecca" was purchased by Samuel and his partner/s.In 1837 his soon to be partner Robert Massie also left VDL Co and joined Samuel at Westernport. The partnership of Massie and Anderson floundered in the credit squeeze of 1842 and the partnership sold by auction all their assets to repay creditors. This appears to be the end of the partnership with Massie probably relocating to Melbourne by 1844 then meeting and marrying Eliza Armstrong in 1845 then departing to Taraville.
Sydney–Newcastle Freeway at Berowra. Heffron made its construction as a toll- road a priority for his government, with work beginning on the first stage in April 1963. At the 1962 election Heffron, despite the damage to prestige represented by the failed referendum, put forward new policies including the establishment of a Department of Industrial Development to reduce unemployment, free school travel, aid to home buyers and commencing the construction of the Sydney–Newcastle Freeway as a toll-road. At the election the Labor Party increased its margin by 5 seats, leaving a comfortable majority in the new parliament, although its success was attributed to the unpopularity at the time of Sir Robert Menzies' federal Liberal government following the 1961 credit squeeze.
In 1973 Phillip Adams was approached to make the film by Jack Lee, who wanted to direct. At the time Adams felt that comedies were the only genre of film likely to redeem themselves financially in Australia, so he felt he would easily be able to raise finance for the movie, which he did not think would cost more than $300,000. However Adams was busy at the time working on the Australia Council, which held up his involvement for 12 months; at the end of that time, Australia was in the middle of a credit squeeze and he found it more difficult than he expected to get the money.Gordon Glenn & Scott Murray, "Phil Adams: Producer", Cinema Papers, March–April 1976 p. 340-343 Problems then emerged when the director Lee wanted to make the film into a broader comedy, which made Williamson uncomfortable and Adams was worried about raising finance with Lee attached, so Lee pulled out.
Physical evidence suggests that the earlier kitchen wing was retained, but that the main part of the house was completely rebuilt. In 1889, Fernbourne sat in a substantial garden of approximately 4.5 acres (1.8 hectares), which had been laid out in the mid-1870s in association with the first Burnett residence. The garden contained an established orchard and vineyard, flower beds, kitchen garden, ornamental shrubs and trees, bushhouses with ferns, orchids and palms, and several fountains of stone and rock work. One of the most substantial and aesthetically pleasing in a district renowned for its fine gardens, the Fernbourne garden was watered from a bore deep, which fed a large tank on a stand high, creating sufficient pressure to feed the baths and taps in the house and kitchen, as well as to operate the fountains. Within the grounds were the stabling, outhouses and a kitchen, all of which may have dated to pre-1889. Fernbourne was built during the wave of boom-time investment and speculation which characterised the late 1880s, but in 1891, as the boom burst and the credit squeeze tightened, Burnett was declared insolvent.
The Bundesbank became worried about three elements of the sudden boom: the sudden financial shifts between east and west, which led to a jump in money supply; government deficits resulting from large expenditures in eastern Germany; and the potentially inflationary effects of a rapid growth rate in the west. The bank warned that interest rates would have to remain high to keep price increases under control. The bank raised short-term interest rates sharply through 1991 and 1992, with the average rate of short-term interest climbing from 7.1 percent in 1989 to 8.5 percent in 1990, to 9.2 percent in 1991, and to 9.5 percent in 1992. The Bundesbank permitted rates to begin falling only in 1993—to 7.3 percent—when it believed that the inflationary pressures had been contained by the recessionary effects of the credit squeeze. As the Bundesbank's policies began to take hold, growth slowed in western Germany, from 4.2 percent in the first quarter of 1991 to 0.8 percent in the last quarter of 1992. For all of 1992, the western German growth rate was 1.5 percent, a decline from the 3.7 percent rate of 1991 and even more from the 4.6 percent rate of 1990.

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