11. South Korea has cleared a crucial hurdle in its effort to stabilize its battered economy, paying off or extending a large portion of debt it owes foreign banks. 12. That fear has receded as American investors shrugged off the tribulations of the battered Asian economies and sent shares on U.S. markets to record highs. 13. The other has been distress selling within battered Asian economies, which led to a large increase in what is known in the industry as scrap supplies. 14. The recent rush to the safety of U.S. Treasury securities may be waning as Asian governments move to repair their battered economies and world stock markets rebound. 15. The yen rose on hopes Japan will repair its battered economy. 16. They justify turning a blind eye because the money helps the battered economy in this volatile region of Turkey, an important American ally. 17. They urged the United Nations to set up a war crimes tribunal to judge Israeli actions and pledged vast aid to relieve the battered Palestinian economy. 18. Venezuela said Friday it would allow the bolivar currency to fluctuate more freely and introduced a bill to speed reforms aimed at boosting confidence in the battered economy. 19. With scant natural resources, a battered economy and a restless population, Georgia sees the two pipelines as important sources of future income. 20. Other Asian markets including Taiwan, Singapore, the Philippines, Malaysia and South Korea are less important because their battered economies will take years to recover. |