One clear implication of this story is that the criteria of worth enjoined by
the economic assumptions of the laborers are relativized by the generosity of the owner of the vineyard.
The 2018 budget largely evades both options in a chapter entitled Path to Balance: it's 15 pages thick with handy - dandy charts,
economic assumptions of modest growth, and holds out the expectation that the Trans Mountain pipeline expansion will go ahead and bring further prosperity to Alberta.
Not exact matches
The GOP acknowledges that the «static» impact
of the tax bill — the addition to the debt with no
economic - growth
assumptions — will be just under $ 1.5 trillion.
The study makes worst - case
assumptions that may inflate the cost
of meeting U.S. targets under the Paris accord while largely ignoring the
economic benefits to U.S. businesses from building and operating renewable energy projects.
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.
The
economic landscape since then has clouded over considerably, suggesting that the achievement
of a balanced budget by fiscal 2015 - 2016 could be too rosy an
assumption.
Any attempt to assess the potential
economic impact
of a Syria mission depends on a key
assumption about foreign policy: Should President Obama decide for intervention, will the mission look more like Iraq and Afghanistan or Libya?
While definitions
of reasonable
assumption vary, historically bubbles have occurred when, in an
economic sector's development, the last money in is highly unlikely to realize a return that justifies the risk it has taken.
Applying the lower
of these two weighted - average calculations (24 percentage points) to Canada's existing automotive manufacturing footprint (and assuming that the dislocation for Canada's industry is only proportional to the overall North American shrinkage, an
assumption which is probably optimistic), allows us to generate an estimate
of the potential scale
of economic loss if the U.S. - Japan rules were implemented.
Of course, like all economic impact studies (they're a dime a dozen, cranked out regularly on behalf of companies and industries trying to puff up their importance) the Facebook report is so chock full of assumptions and «multiplier» effects as to be completely useless — except, that is, for the respective company's marketing departmen
Of course, like all
economic impact studies (they're a dime a dozen, cranked out regularly on behalf
of companies and industries trying to puff up their importance) the Facebook report is so chock full of assumptions and «multiplier» effects as to be completely useless — except, that is, for the respective company's marketing departmen
of companies and industries trying to puff up their importance) the Facebook report is so chock full
of assumptions and «multiplier» effects as to be completely useless — except, that is, for the respective company's marketing departmen
of assumptions and «multiplier» effects as to be completely useless — except, that is, for the respective company's marketing department.
In our earlier commentary on the Parliamentary Budget Office's (PBO) latest
Economic and Fiscal Outlook Update, we stated that economic assumptions were based on a survey of private sector eco
Economic and Fiscal Outlook Update, we stated that
economic assumptions were based on a survey of private sector eco
economic assumptions were based on a survey
of private sector economists.
«It seemed a plausible
assumption that if we could demonstrate the existence in individuals or organizations
of the ability to foretell the elusive fluctuations, either
of particular stocks, or
of stocks in general, this might lead to the identification
of economic theories or statistical practices whose soundness had been established by successful prediction.»
We strongly support these recommendations, although we would prefer that the Government use the Department
of Finance's internal
economic forecasts and publish the
assumptions and methods used to translate these into its fiscal forecasts.
These include publishing: • Historical estimates and medium - term projections
of the economy's potential GDP, as well as the methodology and
assumptions used; • Medium - term projections
of the Government's structural, or cyclically - adjusted budget balance as well as the methodology and
assumptions used; • The
assumptions, projections and methods to translate the private sector
economic forecasts into its fiscal forecasts; and • The fiscal sustainability analyses
of the provincial - territorial government sector that it prepared.
They could
of course produce their own fiscal frameworks, using their own
economic and oil price
assumptions.
A key part
of any budget is the
economic assumptions underpinning the budget's numbers.
The threshold, target, and maximum percentage business line goals shown for the named executives listed in the table above were derived using certain
assumptions for 2008 with respect to the general
economic, interest rate, credit, and regulatory environment in which we operate and certain
assumptions as to the outlook for the businesses each
of them managed.
Despite the unforeseen fall in oil prices in 2014, the Conservative government, with a lot
of slight
of hand (reduction in contingency reserve, selling GM shares at fire sale prices, optimistic
economic and oil price
assumptions), produced a budget that financed all
of its pre-election promises, while still leaving a surplus
of $ 1.4 billion in 2015 - 16 rising to $ 4.8 billion in 2019 - 20.
Budget planning should not be based on the
assumption of a strong recovery in global
economic growth.
Premium rates are currently based on analysis done by the Chief Actuary with the underlying
economic assumptions provided by the Minister
of Finance.
This implies that the Budget should be tabled in late January or in early - to mid-February, in order to give the Treasury Board Secretariat time to make the Main Estimates
of spending consistent with the
economic assumptions and spending decisions underlying the Budget.
Any
economic and fiscal update would have to take into account the worsening global economy, the decline in the price
of oil (to below $ 40 a barrel) compared to the
assumption in the budget, and the restoration
of the contingency reserve to its normal level
of $ 3 billion.
This meant that Main Estimates
of government spending, which were tabled on February 28, 2012, were based on
economic assumptions presented in the previous Fall 2011 Update and not those in the 2012 budget.
Premium rates will continue to be based on analysis done by the Chief Actuary with the underlining
economic assumptions continued to be provided by the Minister
of Finance.
Forecasts are based on certain
assumptions and on our views
of market and
economic conditions which are subject to change.
The average
of the private sector forecasts forms the basis for the
economic assumptions used for fiscal planning purposes in the budget and fall update.
Among other things, it has been criticized as a scam — based on
economic assumptions that are described as «laughable» — and has come under fire from the U.S. Senate for the ease with which drug dealers and other subversive elements can make use
of it.
Cohen said the
economic assumptions underpinning the system were «laughable» and ignore hundreds
of years
of understanding about how currencies work.
Forward - looking statements are based on estimates and
assumptions made by BlackBerry in light
of its experience and its perception
of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to the launch timing and success
of products based on the BlackBerry 10 platform, general
economic conditions, product pricing levels and competitive intensity, supply constraints, BlackBerry's expectations regarding its business, strategy, opportunities and prospects, including its ability to implement meaningful changes to address its business challenges, and BlackBerry's expectations regarding the cash flow generation
of its business.
Great dollar rally
of 2014 as Fukuyama's History returns in tooth and claw China and Japan are on a quasi-war footing, one misjudgement away from a chain
of events that would shatter all
economic assumptions (By Ambrose Evans - Pritchard Tks Fred!)
N.B: This projection is done based on what is obtainable in The Building Exterior Cleaners industry cum window cleaning line
of business and with the
assumption that there won't be any major
economic meltdown and there won't be any major competitor offering same additional related services as we do within same location.
«The Russian budget now is including $ 100 per barrel for the next three years and some more optimistic
assumptions on
economic growth, which are probably over-optimistic,» Guriev, who is currently a professor
of Economics at Sciences Po, a French public research and higher education institution, told CNBC at the UBS European Conference in London.
Just as important, at a time when fears over China's slowing economy are widespread and there's evidence
of retail saturation in the country's major metropolitan areas, nearly half
of survey participants said they expect to be better off financially in the next 12 months — and they are eager to spend, contrary to gloomy
assumptions about the drag
of sluggish
economic growth on consumer sentiment.
In years where the Main Estimates were tabled prior to the Budget, the Main Estimates were based on the
economic and fiscal assumptions in the last Economic and Fiscal Statement, which is usually released in the fall of the precedi
economic and fiscal
assumptions in the last
Economic and Fiscal Statement, which is usually released in the fall of the precedi
Economic and Fiscal Statement, which is usually released in the fall
of the preceding year.
At the beginning
of June, Russia's Economy Minister Maxim Oreshkin said that Russia was «actually ready to live forever at oil prices $ 40 or below,» as oil at US$ 40 is the current underlying key
assumption of Russia's
economic policies.
In these cases, the Main Estimates did not include any
of the proposed budget measures, nor were they based on the budget's
economic assumptions.
The OPEC / non-OPEC deal is working, and the current underlying key
assumption of Russia's
economic policies — oil prices at US$ 40 — can allow it to live forever at that price or below, Russia's Economy Minister Maxim Oreshkin told Bloomberg in an interview on the sidelines of the St. Petersburg International Economic Forum on T
economic policies — oil prices at US$ 40 — can allow it to live forever at that price or below, Russia's Economy Minister Maxim Oreshkin told Bloomberg in an interview on the sidelines
of the St. Petersburg International
Economic Forum on T
Economic Forum on Thursday.
This path is predicated on the
assumption that even as the labor market reaches full employment, the pace
of economic growth will remain moderate, and inflation will not reach the Fed's 2 % target before end - 2017.
The March 2016 Budget incorporated the results
of the
economic assumptions used in the Backgrounder, without change.
In addition, the spending estimates in the Main Estimates are based on out
of date
economic assumptions included in the previous year's Fall Economic
economic assumptions included in the previous year's Fall
EconomicEconomic Update.
This implies that if the Budget is tabled after or shortly before March 1st, the Main Estimates will not include any
of the budget initiatives and would not be based on the
economic assumptions underlying the budget forecast.
Still, the estimates
of prospective 10 - year S&P 500 returns below stick with a 6.3 % long - term
economic growth
assumption, because I want to emphasize that prospective market returns are dismal even on optimistic
economic assumptions.
In this context
of aughties - unease, older conservative
assumptions of a natural alliance between more libertarian Americans and more socially conservative ones, around the supposedly shared attributes
of religious Liberty,
economic Liberty, and political Liberty, with the threat
of Islamist terror cast as the substitute for that
of Communist domination, fell flat.
Whitehead's metaphysical system offers a political vision beyond liberalism and its
assumptions of economic success.
Of course, all our discussion of ecological philosophy, ecological urbanization, ecological agriculture, and so forth, has economic assumptions and implication
Of course, all our discussion
of ecological philosophy, ecological urbanization, ecological agriculture, and so forth, has economic assumptions and implication
of ecological philosophy, ecological urbanization, ecological agriculture, and so forth, has
economic assumptions and implications.
Clearly I am critical
of the
assumptions underlying the present form
of economic globalization.
A third
assumption of modern
economic science is that the natural environment is a given to which no attention need be paid.
One is political theology in Europe, chiefly Germany, which is best characterized as the voice
of the bourgeoisie questioning its own religious and cultural
assumptions and its own
economic and political systems.
Politicians know this, and behind their «ritualistic allusions» to liberty, peace, and democracy they operate on the
assumption that voters demand
of them no more than an ever expanding
economic abundance to satisfy their narrow and self «absorbed pursuit
of personal freedom.
It is incumbent on those
of us who are in position to influence the thinking
of faithful people to make clear that the neo-liberal
economic thought that informs most current top - down development, riding roughshod over communities, and reshaping the lives and thinking
of hundreds
of millions
of people, is based on
assumptions that are antithetical to ours.