Word: payment
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...Iran evinces no signs of accommodating Saddam Hussein's wishes. Tehran insists that peace can be achieved only after three conditions are satisfied: the repatriation of 120,000 Iraqi Shi'ites exiled in Iran, the payment of $150 billion in war reparations and "punishment of the aggressor." For Ayatullah Ruhollah Khomeini and other mullahs in the government hierarchy, the last condition means nothing less than Saddam Hussein's ouster, the destruction of the ruling Baath Party and the establishment of a pro-Iran Shi'ite regime in Baghdad...
Overall, medical costs, both public and private, rose to $287 billion. The sum represented a record 9.8% of the gross national product, averaging out to $1,225 for each American. The HHS report noted that the rapid increase in medical spending was caused in great part by the routine payment of two-thirds of all medical charges by Government programs and private insurers. "These disturbing figures," said HHS Secretary Richard Schweiker, "are the strongest argument for reforming the existing system of health-care-cost reimbursement...
...order to force indebted states to take whatever steps may be necessary to solve their benefit-payment problems, Congress last year imposed a 10% interest penalty on all funds borrowed from the Federal Trust after April 1, 1982. Previously, such loans were interest free. As a result, some states will soon face a staggering debt load. Ohio, which will owe $2 billion by mid-1983, expects to pay $100 million in interest alone in 1983, and $200 million more in 1984. Since federal law prohibits the use of state unemployment funds to pay these costs, the states will have little...
...Chase Manhattan, the third largest U.S. bank, suffered after-tax losses of more than $117 million from interest payment defaults on loans to Drysdale Government Securities Inc., an obscure and thinly capitalized Wall Street trading firm that went bankrupt four months after it opened for business. Other big names involved in the Drysdale collapse included Manufacturers Hanover, the fourth largest American bank...
...things were so good that he employed a whole workshop of subsidiary artisans who turned out frames and smaller duplicates of his larger works. He even had an orchestra play for his dining. At other times, he fell two years behind in his rent while disputing a suit for payment on some commission...