With the currency, the rupiah, down 70 percent since last summer, companies with collective overseas debts of at least $65 billion have simply stopped making payments.

Surplus monies would go to paying back our overseas debt.

The budget surplus of A$8,107 million was the fourth consecutive surplus, and would be used to reduce overseas debt.

Chasing overseas debt can be time-consuming and costly.

However, by 1790, Southern states had largely repaid their overseas debts.

By 1790, the Southern states had largely repaid their overseas debts from the Revolutionary War.

It has gone in repaying the overseas debt that we inherited from the last Labour Government.

China has $120 billion in overseas debt, far less than many of its Asian neighbors, so finding international lenders is unlikely to be a problem.

As the economic situation deteriorated and Peru held large overseas debts, the estanco was later replaced by a full state monopoly on production and exports.

The UK has very large amounts of overseas debt, of which the biggest component is the banking industry.