31.   The government guarantees allow the banks to borrow money more cheaply than competitors.

32.   The loan agreement marks the first time a Russian shipping company has won a major international loan without lenders insisting on a government guarantee.

33.   The most significant is the suspension of U.S. government guarantees for private investment in China.

34.   The plan further includes a government guarantee of central bank loans made to cover the losses of banks that have already failed.

35.   The problem began with the banks, says Krugman, and other local financial intermediaries whose liabilities were widely perceived as having implicit government guarantees.

36.   Under the proposal, firms investing in inner cities and rural areas would be eligible for government guarantees of twice their investment.

37.   Unlike private insurers, the Postal Life Insurance program has an implied government guarantee, making its borrowing costs lower and allowing it to offer higher rates of return.

38.   Without that government guarantee, a loan is not secured by the refund.

39.   A government guarantee dissipated such fears, but added to the general climate of mistrust.

40.   Advocates of constitutional reforms in Kenya called a general strike Tuesday after failing to obtain government guarantees of change.