Asus also says that it has been launching new products and diversifying its product portfolio to offset any negative
effects of changing exchange rates in some of its important markets.
Included in the PowerPoint: Macroeconomic Objectives (AS Level) a) Aggregate Demand (AD) and Aggregate Supply (AS) analysis - the shape and determinants of AD and AS curves; AD = C+I+G + (X-M)- the distinction between a movement along and a shift in AD and AS - the interaction of AD and AS and the determination of the level of output, prices and employment b) Inflation - the definition of inflation; degrees of inflation and the measurement of inflation; deflation and disinflation - the distinction between money values and real data - the cause of inflation (cost - push and demand - pull inflation)- the consequences of inflation c) Balance of payments - the components of the balance of payments accounts (using the IMF / OECD definition): current account; capital and financial account; balancing item - meaning of balance of payments equilibrium and disequilibrium - causes of balance of payments disequilibrium in each component of the accounts - consequences of balance of payments disequilibrium on domestic and external economy d) Exchange rates - definitions and measurement of exchange rates - nominal, real, trade - weighted exchange rates - the determination of exchange rates - floating, fixed, managed float - the factors underlying changes in exchange rates -
the effects of changing exchange rates on the domestic and external economy using AD, Marshall - Lerner and J curve analysis - depreciation / appreciation - devaluation / revaluation e) The Terms of Trade - the measurement of the terms of trade - causes of the changes in the terms of trade - the impact of changes in the terms of trade f) Principles of Absolute and comparative advantage - the distinction between absolute and comparative advantage - free trade area, customs union, monetary union, full economic union - trade creation and trade diversion - the benefits of free trade, including the trading possibility curve g) Protectionism - the meaning of protectionism in the context of international trade - different methods of protection and their impact, for example, tariffs, import duties and quotas, export subsidies, embargoes, voluntary export restraints (VERs) and excessive administrative burdens («red tape»)- the arguments in favor of protectionism This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked about.
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.
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.
Constant currency percentage
changes exclude the
effects of foreign currency
exchange rates.
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 (t
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 (t
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 (t
Exchange Commission (the SEC).
These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost
of revenue or operating expenses may exceed our expectations; the mix
of products and services sold in various geographies and the
effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact
of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance
of our new or existing products; losses
of one or more key customers; risks associated with our international operations;
exchange rate fluctuations
of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance
of various types
of broadband services, on the adoption
of new broadband technologies and on broadband industry trends; inventory management; the lack
of timely availability
of parts or raw materials necessary to produce our products; the impact
of increases in the prices
of raw materials and oil; the
effect of competition, on both revenue and gross margins; difficulties associated with rapid technological
changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the
effect on our business
of natural disasters.
Actual results could differ materially from those expressed in or implied by the forward - looking statements contained in this release because
of a variety
of factors, including conditions to, or
changes in the timing
of, proposed real estate and other transactions, prevailing interest rates and non-recurring charges, store closings, competitive pressures from specialty stores, general merchandise stores, off - price and discount stores, manufacturers» outlets, the Internet, mail - order catalogs and television shopping and general consumer spending levels, including the impact
of the availability and level
of consumer debt, the
effect of weather and other factors identified in documents filed by the company with the Securities and
Exchange Commission.
For more information on the
effects of changes in the
exchange rate on the domestic economy, see Explainer: Exchange Rates and the Australian
exchange rate on the domestic economy, see Explainer:
Exchange Rates and the Australian
Exchange Rates and the Australian Economy.
As
of now, nearly three years later, the Security and
Exchange commission (SEC) isstill in the process
of reviewing the most debatable (and a game -
changing) provision
of the JOBS Act — Title III, which when in
effect in an unclear future, will enable businesses to sell up to $ 1 million in securities to the public in a one year period.
There has, therefore, been little net
change in net holdings
of foreign
exchange reserves, apart from valuation
effects arising from
exchange rate
changes.
Assuming no further
change in the
exchange rate, it would be expected to remain around that level during the second half
of the year before edging up slightly in mid 2005 as the
effects of the appreciation on prices begin to dissipate.
While that's great for their portfolios, it means that there are fewer bitcoins available to trade on
exchanges, meaning that relatively minor amounts
of Bitcoin
changing hands will have a major
effect on Bitcoin's market price.
As a cancer researcher, do you think the mechanisms
of tumor growth are somehow
changing to come into line with your perceptions, or is it possible that the process
of our learning more about DNA mutations and cell architecture and nutrient
exchange and epigenetic
effects make it possible for us to inch ever closer to understanding that which is already going on under our noses?
These risks, delays, and uncertainties include, but are not limited to: risks associated with the uncertainty
of future financial results, our reliance on our sole supplier, the limited diversification
of our product offerings, additional financing requirements, development
of new products, government approval processes, the impact
of competitive products or pricing, technological
changes, the
effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and
Exchange Commission.
The American Heart Association recently repeated advice to maintain, and even to increase, intake
of omega 6 PUFAs.4 This advice has caused some controversy, because evidence that linoleic acid lowers the risk
of CVD is limited — most trials that claimed to investigate the
effect of exchanging saturated fat for linoleic acid involved multiple dietary
changes or multiple interventions (or both).
Among other things, the Board may withdraw the Reverse Split if any
of the following occur: (1) a
change in the nature
of our shareholdings that (a) would prevent us from reducing the number
of record holders below 300 as a result
of the Reverse Split, or (b) would reduce the number
of record holders below 300 persons without
effecting the Reverse Split; (2) a
change in the number
of shares to be
exchanged for cash in the Reverse Split that would substantially increase the cost and expense
of the Reverse Split (as compared to what is currently anticipated); or (3) any adverse
change in our financial condition that would render the Reverse Split inadvisable.
In the aftermath
of Belgium's ban on over-the-counter (OTC) foreign
exchange (FX), contracts - for - difference (CFDs) and binary options, the Cyprus Securities and Exchange Commission (CySEC) issued a notice to Cyprus Investment Firms (CIFs) to comply with the regulatory changes, which will come into effect on August 18, 2016, per a CySEC
exchange (FX), contracts - for - difference (CFDs) and binary options, the Cyprus Securities and
Exchange Commission (CySEC) issued a notice to Cyprus Investment Firms (CIFs) to comply with the regulatory changes, which will come into effect on August 18, 2016, per a CySEC
Exchange Commission (CySEC) issued a notice to Cyprus Investment Firms (CIFs) to comply with the regulatory
changes, which will come into
effect on August 18, 2016, per a CySEC filing.
ETFs that employ a currency hedging strategy seek to eliminate all (or substantially reduce) the
effects of foreign
exchange rate
changes.
The objective
of currency hedging is to reduce or eliminate the
effects of foreign
exchange movements over the life
of the investment, such that a Canadian investor receives a return solely based on the
change in value
of the underlying assets, without the
effect of changes in currency values.
Since the early 1990s, Green has worked with film and video, digital media, architecture, and text to investigate circuits
of relation and
exchange over time, and she focuses on the
effects of a
changing transcultural sphere on what can now be made and thought.
[OOOPS; this nonlinear
effect puts their «alternative concept» into the realm
of Trump administration «alternative facts» — BD] Although the deep ocean could dissolve 70 to 80 %
of the expected anthropogenic carbon dioxide emissions and the sediments could neutralize another 15 % it takes some 400 years for the deep ocean to
exchange with the surface and thousands more for
changes in sedimentary calcium carbonate to equilibrate with the atmosphere.
I would suggest comparing peak to peak average temperature captures during weighted El - Nino events (during the time they occur, if they can be compared equally this would be a telling graph), instead
of considering year to year records as a means
of reducing ENSO
effects on the temperature record, ENSO being largely a heat
exchange between air and sea causing great
changes in cloud distribution world wide.
Its warming
effect, however, is simultaneously amplified and dampened by positive and negative feedbacks such as increased water vapor (the most powerful greenhouse gas), reduced albedo, which is a measure
of Earth's reflectivity,
changes in cloud characteristics, and CO2
exchanges with the ocean and terrestrial ecosystems.
The topics were broad but there was a clear premise ¨
change the system, not the climate ¨, and the outcome
of discussion during these days is the Margarita Declaration consisting
of 62 points some on specific issues within the climate
change negotiations, as well as other crosscutting issues which delegates at the UNFCCC usually do not take into account such as the impact on education, food sovereignty, the rights
of Mother Earth, the adoption
of new ways
of life unattached to the idea
of development and intergenerational
exchange as solutions to the rising global temperatures and its disastrous
effects.
Requires the President to establish or designate a Global
Change Research Information Exchange to make scientific research and other information produced through or utilized by the Program that would be useful in preventing, mitigating, or adapting to the effects of global change accessible through electronic
Change Research Information
Exchange to make scientific research and other information produced through or utilized by the Program that would be useful in preventing, mitigating, or adapting to the
effects of global
change accessible through electronic
change accessible through electronic means.
The cryosphere derives its importance to the climate system from a variety
of effects, including its high reflectivity (albedo) for solar radiation, its low thermal conductivity, its large thermal inertia, its potential for affecting ocean circulation (through
exchange of freshwater and heat) and atmospheric circulation (through topographic
changes), its large potential for affecting sea level (through growth and melt
of land ice), and its potential for affecting greenhouse gases (through
changes in permafrost)(Chapter 4).
«This is a consequence
of variations in heat
exchange between the atmosphere and the oceans, and other decade - to - decade
changes like variations in solar forcing and the solar dimming
effects of pollution and volcanic eruptions,» BoM says.
In the emails there are some very useful
exchanges from Jerry Meehl, Ramaswamy and Ben detailing the AOGCM development process...... Suffice to say that he has some strange ideas (often to do with the
effects of landuse
change) that are interesting but still, in my view, speculative — but testable....
For instance, I was stunned when the climate simulators admitted under pressure that their models did not include the
effects of clouds or
of energy
exchange between sea and air and that including these
effects could
change the outcome entirely.
Neither
of these will go into
effect this year, but they're
changes to keep an eye on if you're thinking
of using the New York
exchange in coming years.
Leading cryptocurrency altcoin
exchange Poloniex has communicated their plans for managing any resulting Bitcoin network disruption from the number
of proposals for technical
changes to Bitcoin that may take
effect in the coming weeks.
The
change comes as price increases came into
effect in Tuesday morning's refresh as a result
of exchange rate fluctuations.
As well, examining whether the
effects of supportive and unsupportive
exchanges change meaningfully over time and at key moments (i.e., after diagnosis, school transitions, during puberty) may generate clinically relevant findings.