Playboy said that, while such discussions were initiated, it refused to accommodate a reduction of its minimum guarantees.
Details on possible terms, like fees and minimum advertising guarantees, are still being discussed.
For example, a minimum wage guarantees a certain income for people who remain in work, but it will hinder the transition from welfare to work by destroying jobs.
Seventh, it will cost the government less than any other partially or fully privatised scheme with government guarantees of minimum pensions.
It wants to reduce the minimum prices that it guarantees for cereals, beef and milk, while giving farmers extra money directly as partial compensation.
The expensive guarantees had promised minimum retirement incomes to some of the Equitable's investors.
This is similar to a put option that guarantees investors a minimum price at which they can sell their shares.
Whereas most would think that universal guarantees to a minimum standard of living reduce incentives to work and innovate, Obama believes they give the down-and-out the incentive to build business and employ people.
While President Clinton apparently blithely provided such guarantees to Belarus when it recently gave up former Soviet nuclear arms on its territory, he must be wary of assuming new, and arguably more callable, guarantees to states like Ukraine without taking the minimum steps necessary to preserve the U.S. nuclear deterrent.
Some 42m poor households toil for a government scheme that guarantees them up to 100 days of work at the minimum wage each year.
At a minimum, governments are supposed to lay down criteria for selecting storage sites and to set standards for monitoring, financial guarantees, safety and so on.
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