Word: withdrew
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...computers botched standing orders to pay monthly electricity, phone and gas bills. Because Mizuho handles the Tokyo city government's payroll and tax collection, Ishihara dispatched inspectors to examine the bank's books and management. He has refused to discuss the city's findings. But the Tokyo government withdrew $2.5 billion from the bank in April, lending credence to his threat to yank more money in months to come. "The government is applying great pressure on Ishihara not to penalize Mizuho," says Hideyasu Ban, who follows Japanese banks for Morgan Stanley. "But nobody knows what he will...
...Some Seoul-based analysts speculate that the North was looking for an excuse to keep a U.S. delegation from coming to Pyongyang for high- level talks?there are plenty of issues the North is loathe to discuss, like its weapons of mass destruction. If so, the ploy worked?Washington withdrew the offer of talks soon after the clash. Meanwhile, the death of four South Korean sailors has made many South Koreans wonder whether Kim's strategy of engaging the North is worth it. Says Seoul businessman Kim Han Suk: "They have nothing to lose. They could do something like this...
...resignations continue to deplete his coalition's parliamentary numbers, Ecevit filled his cabinet vacancies. He also tried to quash the independent Dervis' attempt to launch himself into politics by joining up with Cem, saying that Dervis could not both serve the government and oppose it. In the end, Dervis withdrew his resignation under pressure from President Ahmet Necdet Sezer, who feared that if the architect of Turkey's multibillion-dollar IMF rescue package were to go, so might the economy. Short of an Ecevit resignation, parliament might be recalled to pave the way for new elections - due in April...
...well-known neighborhood activist John Pitkin quickly withdrew, saying he needed Mid-Cambridge to support the agreement before he could sign—and saying that the benefits Harvard offered were not enough...
...loan from Chase Manhattan of $315 million, which enabled Hasan to buy the shares. It had also pledged to lend Hasan's company any shortfall on the interest payments not covered by dividend from the stock, a sum that had climbed to some $69 million by late 2001. Freeport withdrew its guarantee and paid off the $253.4 million remaining on the loan. In return the company got back the troublesome 4.7% stake. Freeport says the decision to repay the loan came after Hasan's company said it could no longer keep up its interest payments and had "nothing...