A 2009 report by ALECSO, the Arab League's Educational, Cultural and Scientific Organisation, revealed an overall illiteracy rate of 35.6 percent in the Arab world compared
with a global rate of 18 percent.
GuernseyTravel.com works closely
with global ratings and review provider Feefo, which is based on first - hand experience and genuine customer feedback.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions
with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build
rates of certain aircraft; 6) the effect on aircraft demand and build
rates of changing customer preferences for business aircraft, including the effect of
global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of
global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange
rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements
with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements
with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts
with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount
rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit
ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships
with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest
rates increase substantially; 27) the effectiveness of any interest
rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange
rates, impositions of tariffs or embargoes, compliance
with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
We forget that if interest
rates were more normal, banks would be doing better,» he said during an interview
with CNBC on Tuesday from the Milken Institute's
global conference.
Today, countries
with negative policy
rates make up almost a quarter of
global gross domestic product, according to the World Bank.
JPMorgan analysts forecast that China's biologics industry will double in size to $ 52 billion by 2021 compared
with a
global growth
rate of 60 percent.
And
with global interest
rates so low, fixed income and cash alone are unlikely to enable your savings to keep up
with your cost of living after retirement.
It's
rated Baa1 by Moody's Investors Service and AA - by S&P
Global Ratings with a stable outlook.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest
rates and foreign currency exchange
rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection
with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection
with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection
with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions,
global trade policies and currency exchange
rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection
with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated
with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated
with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
«A lot of these products were priced for higher
rates,» says Natalie Taylor, an analyst
with CIBC
Global Asset Management.
A 25 basis point
rate hike would see the
global real GDP level about 0.4 percentage points lower,
with US real GDP falling by about 0.5 percentage points.
With the collapse of
global oil prices, the largest recyclers like Waste Management have reported sharp drops in recycling revenue and stagnated recycling
rates across the country.
We expect the slowdown to continue into the first half of 2012,
with annual GDP growth next year falling to a still -
global - leading
rate of around 8.5 %.
Ecommerce companies show robust double digit growth
with an average
global growth
rate pegged at about 20 percent year on year.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit
ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange
rates and fluctuations in those
rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays
with the phased implementation of a
global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Without a clear voice from Berlin, the EU will simply find it harder to articulate policies to deal
with the suppression of civil rights in central Europe, the splintering of the single market through Brexit and — heaven help us — a possible renewal of the Eurozone crisis amid as
global interest
rates turn higher.
«
With users and subscriber growth ahead of all other platforms in our coverage group and
global penetration
rates of streaming subscriptions still relatively low, we believe Spotify maintains a long runway for subscriber additions.»
Every fear associated
with the Fed's zero interest -
rate policy, quantitative easing, easy
global money etc..
The
global health community and a coalition of public - private initiatives has successfully begun taming the scourge,
with a 21 % decrease in its
global incidence and 29 % drop in mortality
rate between 2010 and 2015; still, there were 212 million malaria cases worldwide and nearly 430,000 deaths from the disease in 2015, according to the latest World Health Organization (WHO) figures.
Overall, market players were worried
with the impact of higher interest
rates on the stock market, and more broadly, on the
global economy.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations
with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain
global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination
with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange
rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed
with the U.S. Securities and Exchange Commission (the SEC).
Global market volatility persisted this week, as investors remained nervous on China's slowing economy along
with a possible interest
rate increase at the U.S. Federal Reserve's mid-September meeting.
Historically, negative real interest
rates (the inflationary
rate is greater than the current interest
rate) combined
with global stimulative money supply efforts has been an especially powerful combination for gold prices.
With the
global economy «floating on an ocean of credit,» the current acceleration of credit via central bank policies will likely produce a positive
rate of real economic growth this year for most developed countries, PIMCO chief Bill Gross writes in his latest monthly commentary, but «the structural distortions brought about by zero bound interest
rates will limit that growth and induce serious risks in future years.»
This makes the U.S. more competitive
with the rest of the world, which has a
global corporate average
rate of 24 %.
Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018, on both a consolidated and segment basis; projected total revenue growth and
global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and operating expense ratios and medical cost trends; our projected consolidated adjusted tax
rate; future financial or operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly
with respect to the pace and extent of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger»)
with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.
Following the British vote to exit the European Union,
global economic concerns, coupled
with weakness in the Japanese economy, drove interest
rates in Britain, Europe and Japan to fresh lows, prompting a burst of yield - seeking speculation that has driven the S&P 500 Index a few percent above its May 2015 peak.
With increasing political uncertainty all over the western world, changing
global power structures, continued sluggish growth, and record low interest
rates, precious metals are today more...
Our
Global Market Strategies segment, established in 1999
with our first high yield fund, advises a group of 46 active funds that pursue investment opportunities across various types of credit, equities and alternative instruments, including bank loans, high yield debt, structured credit products, distressed debt, corporate mezzanine, energy mezzanine opportunities and long / short high - grade and high - yield credit instruments, emerging markets equities, and (
with regards to certain macroeconomic strategies) currencies, commodities and interest
rate products and their derivatives.
For equity markets, the combination of low interest
rates, strong economic growth and low inflation has proved very beneficial,
with global share markets rising solidly in each of the past three years.
Alan Ruskin, Deutsche Bank
Global Co-Head of G - 10 FX Strategy, says to not get too obsessed
with the Fed funds
rate.
The Prime Day sales event added 2 percent to the company's
global revenue growth
rate, Olsavsky said in a conference call
with reporters.
Covering noteworthy research produced by S&P
Global Ratings analysts in the region, «Latin America Monday Morning RoundUp» provides investors
with a quick credit overview to start their week.
Ideal timing — The Fed raises
rates in sync
with a recovery, a prospect that may lead to an additional gain of 3 percent in
global stocks and modest losses in
global government bonds
Across Asia, exchange - traded instruments have lost market share to OTC interest
rate instruments since 2010, consistent
with global trends.
With inflation under control and renewed risks to the
global economy, there is little rationale for the central bank to raise interest
rates anytime soon.
Global growth could be impeded by a central bank making a policy mistake, such as raising interest
rates too aggressively
with regard to timing or frequency.
However, by September 2013, the IMF had done a 360 - degree turn and had the U.S leading a
global recovery (albeit not very strongly) and the emerging market economies struggling
with rising interest
rates, capital flight and falling exchange
rates, resulting from the possibility of a tapering of Federal Reserve Board monetary stimulus.
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Global Custody Survey,
Global Investor ISF, 2011 to 2016), RBC I&TS is trusted with CAD 3.8 trillion in client assets under administration as at January 31,
Global Investor ISF, 2011 to 2016), RBC I&TS is trusted
with CAD 3.8 trillion in client assets under administration as at January 31, 2017.
«Social media usage continues to grow around the world,
with global penetration
rates now in excess of 30 %.
Even though I know nothing about the iron ore market, and certainly not as much as the CEO of Fortescue, I know arithmetic, and even before I heard Minack's discussion of the
global increase in production, I simply could not get the arithmetic that connected Chinese interest
rates with Australian iron ore exports to work otherwise.
As a new source of revenue for the banks in place of loans to domestic real estate and industry, low interest
rates enabled them to flood the
global economy
with credit.
Because the US is a large open economy, it can get away
with high corporate tax
rates, because it's big enough to be able to shift the
global cost of capital.
The dollar bond market has turned cold for Indian firms after a record 2017,
with rising
global interest
rates, geopolitical concerns and market volatility prompting would - be financiers to demand either a higher yield or invest only in short - term paper maturing in two years.
Long - term treasuries will likely still work as ballast when it matters most (
global risk - off events), but we see short - term U.S. debt now offering compelling income, along
with a healthy buffer against the risk of further interest
rate rises.
Low
rates have been
with us since the
global financial crisis.
However, it can increase or decrease at any time — variable
rates fluctuate in time
with industry
rates set by
global financial institutions.
In our continued search for excellence and innovation in reporting, we also rank for the first time the safety of Islamic Banks in the Gulf Cooperation Council, according to their
ratings with the three main
global rating agencies.
Looking further out, however, to the end of stimulus abroad, we do see the potential for substantially higher
global rate structures,
with the U.S. pulling
global rates higher once the shackles of quantitative easing are off.
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