An alternative, quietly touted by some North American officials, is to tempt investors into buying bonds by giving them access to non-recourse loans from the ECB.
As such, forgiveness of a non-recourse mortgage resulting from a foreclosure does not result in cancellation of debt income.
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Climate change can be addressed without recourse to generating power from fusion since there are already many alternatives to fossil-fuel power plants.
Such gains easily dissuade them from taking legal recourse against real estate firms.
In 2008, the High Court of Zambia ruled that the Zambian government is responsible for protecting girls from sexual assault and providing recourse to victims.
Congress should not kick-the-can down the road on Fannie and Freddie and it should also address home buyers walking away from responsibilities on non-recourse loans.
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Going into 1986, there were tax shelter abuses, mostly from the use of non-recourse debt, and investors writing off much more than their cost basis.
There is often little recourse for effective mental health counselling in countries recovering from armed conflict.
And because the manuscript had been in Britain for less the 50 years there would have been no recourse to the Export Licensing Committee to stop that from happening.
With the introduction of debit cards, money could be withdrawn from personal accounts instantaneously, leaving the individual little recourse in the event that the product or service was unsatisfactory or a billing error had occurred.
Does Asia, with less in the way of shareholder recourse (and scant pay figures), have something to learn from America?
By telling the U.S. to embrace the PLO, Israel found itself without recourse when -- in the space of just a few weeks from the euphoric signing ceremony in the White House Rose Garden -- the PLO resumed its war against Israel, transforming the areas Israel had transferred to its control into the largest terror training bases in the world.
His recourse to the broad and often tragic sweep of Jewish history won proud approval from his new team of aides.
If your assumption is that complexity comes largely from external factors like globalization and unexpected crises, then your only recourse is to be reactive.
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