When purchasing a significant property, buyers must consider several factors that affect the luxury space such
as global conditions, like foreign economic growth, as well as the timing of the purchase.
I've suggested in the past here on Slaw and elsewhere that the ICESC could be amended to include an indexed living wage that could work to reduce some of the hardships that plague nations such such as Cambodia and
as global conditions would have it — even the western nations economic and social conditions given what they currently are.
The complexity of these biochemical processes makes it difficult to accurately simulate how the ocean absorbs CO2 from the atmosphere and how it stores this carbon
as global conditions change.
Not exact matches
«Economic data suggest that
global economic
conditions have strengthened,
as the Bank anticipated,» the Bank of Canada said.
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 know that
global economies are teetering on the edge and that US financial
conditions are tightening (
as seen in break - even rates).
In the days to come the Fed will have to prove that a new set of tools for managing interest rates will work
as expected; see how higher U.S. rates affect domestic and
global financial
conditions; and hope that weak world demand and commodity prices do not lead to an overall bout of deflation and force the Fed to reverse course.
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.
But AMRO said its outlook is not without risks
as it warned of the potential impact of faster - than - expected monetary policy tightening on
global financial
conditions, and escalation of
global trade tensions, on capital flows and borrowing costs.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders
as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in
global economic
conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters
as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such
as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
Emirates faces calls from its cabin crew to improve
conditions and benefits
as airline workers show increasing confidence in demanding more from the booming
global industry.
During difficult market
conditions, such
as the asset - backed commercial paper crisis in the summer of 2007 and the
global financial crisis of late 2008, the BAX has consistently provided customers with price transparency, liquidity and central counterparty guaranteed transactions.
Vulnerabilities that were previously concealed by generous amounts of
global liquidity may become more evident
as normal monetary
conditions are restored.
If you've been on the site for awhile, you have a head start because we've already discussed the importance of a discipline known
as asset allocation, which involves selecting among different asset classes to build a well - balanced portfolio that can weather different economic environments, tax regimes,
global conditions, inflation or deflation, and a host of other variables that history has shown will fluctuate over time.
Thus, when I reiterate that U.S. monetary policy is data dependent, that includes not just the information gleaned from important economic releases such
as payroll employment and retail sales, but also how financial market
conditions react to economic and financial market developments in the
global economy.
As 2018 has progressed, we've seen
global trade
conditions continue to deteriorate.
Economic data suggest that
global economic
conditions have strengthened,
as the Bank anticipated in its October Monetary Policy Report (MPR).
At the same time, we view the improvement in
global conditions as contributing to investor complacency, which has been reflected in subdued volatility index readings in Europe and the United States during 2017.
As 2017 wore on, it became clear the global economy was entering a synchronized expansion, further solidifying what Jesse Livermore referred to as «underlying conditions.&raqu
As 2017 wore on, it became clear the
global economy was entering a synchronized expansion, further solidifying what Jesse Livermore referred to
as «underlying conditions.&raqu
as «underlying
conditions.»
As global economic
conditions continue to be volatile or economic uncertainty remains, trends in consumer discretionary spending also remain unpredictable and subject to reductions.
See sustainable and functioning economies with minimal disruptions, rather see a
global economy with some green shoots, but weighty asset values globally, and generally, near deflationary
conditions despite, 9 years after the GFC began, a period of what I would describe
as sub-par, when there has been a continued rise of
global debt, in some paces
as China, great verticality in such.
-- Choppy trading
conditions reflect geopolitical tensions, including conflict in the Middle East, and the threat of a
global trade war,
as well
as the risk of accelerated monetary tightening.
In the medium term, we still see underlying
global economic
conditions as indicative of slow but steady growth.
The last two weeks drop in
global markets is solid enough evidence of that,
as is the freakish weather
conditions in different parts of the world that have had a negative impact on the farming sector.
Immediately following the Brexit vote, central banks tried to extend that game
as global economic
conditions weakened.
Global equities have risen alongside their U.S. counterparts this year
as economic
conditions around the world have improved.
Consequently, even
as the Fed has now jacked up its overnight rate six times since it started hiking,
global financial
conditions have remained exceptionally lax.
He warned about Sterling's «sudden depreciation» on Brexit
as well
as knock - on impacts on
global economic and financial
conditions.
The
global economy is struggling to cope with a barrage of hard
conditions such
as uncontrolled money printing, trade wars, sanctions, increasing interest rates and a decline in retail trade.
Tiger
Global Management participated in the newest round, led by its partner Lee Fixel,
as did T. Rowe Price, said the people, who spoke on the
condition of anonymity because the terms are still private.
So,
as a number of commentators have been saying recently,
global monetary
conditions need to be tighter.
But
as the consortium of Asian energy companies that submitted the Canadian project for regulatory approval three years ago weighs it's options in a
global energy market now flooded with cheap oil and gas, and further considers the 190
conditions attached to Ottawa's approval, including a cap on annual green house gas emissions, it may be some time before this project crosses the finish line.
Brexit vote was one of the factors behind the latest Fed's decision, and «it could have consequences» for «
global economic and financial
conditions»
as international uncertainties «loom large»
Conditions in the mining industry also look to be improving
as the
global recovery has gathered pace and commodity prices have risen strongly (see chapter on «Balance of Payments» for more detail).
Since then, the broad market has essentially gone sideways, though capitalization - weighted indices such
as the S&P 500 have recently clawed to new highs on enthusiasm about negative interest rates abroad (which I believe actually reflect fresh deterioration in
global economic
conditions across Britain, Europe, Japan, and China).
As we're now in the ninth year of the current cycle, we think investors should consider the mixed nature of incoming data such as China's economic stimulus, global liquidity conditions, a US «hard data» letdown and escalating asset class valuation
As we're now in the ninth year of the current cycle, we think investors should consider the mixed nature of incoming data such
as China's economic stimulus, global liquidity conditions, a US «hard data» letdown and escalating asset class valuation
as China's economic stimulus,
global liquidity
conditions, a US «hard data» letdown and escalating asset class valuations.
Foreign exchange bankers expect FX volumes to exhibit strong growth in 2014,
as international trading activity prospers and
global economic
conditions improve.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such
as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these
conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such
as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged
as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the
global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
As conditions have improved in the
global economy, a number of central banks have withdrawn some monetary stimulus and further steps in this direction are expected.
And again: The IPCC claimed that there was an increase in extreme weather
conditions as a result of human - induced
global warming.
Over the course of the Congress the perspective changed, focusing either on
global views or national details and
conditions — with India
as a focal theme this time.
If Murray Goulburn cuts the farm gate price, other milk processors are expected to follow, given the co-operative's position
as a price setter in the market and recent comments from its competitors that this season's price did not reflect
global dairy
conditions.
«The biggest challenge in baked goods is to replace sugar in yeast - fermented baked items, such
as breads and bagels, because sucrose directly affects processing
conditions and the final flavor of the product,» points out Luis Fernandez, senior vice president,
global applications.
A record crop will add to swelling
global stocks
as farmers in the Black Sea region, the United States, Canada, and India also enjoy good growing
conditions.
They are also part of Australia's F&A future, with industry noting the importance of GMOs in supporting the survival of primary agricultural production
as climate change harshens farming
conditions and
global biosecurity threats evolve.
Palsgaard has been a member of the Roundtable on Sustainable Palm Oil (RSPO) since 2008, and sees the topic of sustainability
as an essential issue for protecting the
global environment, upholding biodiversity and providing suitable working
conditions for local plantation workers.
A megatrend is defined
as a substantial shift in social, economic, environmental, technological or geopolitical
conditions that may reshape the way a sector operates in the long - run.5 CSIRO has identified five megatrends evident in
global F&A that will have significant impact on the sector over the next 20 years.
Click through for more on this,
as well
as the latest on 2017 harvest volumes in Europe, spring
conditions in the Southern Hemisphere,
global supply, and indicative pricing.
Woolworths chief executive Grant O'Brien mounted a similar defence in February, blaming the entry of
global rivals such
as Aldi for pricing pressure on suppliers and saying Woolworths» future was at risk unless it responded to changing market
conditions.
In some of these companies the departure of the CEO coincided with a dramatic change in market
conditions or some other external shock such
as the
global financial crisis.