The International Energy Agency says emissions growth has decoupled
from global economic growth.
The IPCC suggests that the median estimate of paying for the change would take off 0.06 percent
from global economic growth per year, a small part of a predicted minimum 1.6 percent annual growth globally, but still a restraint.
Last week, the International Monetary Fund (IMF) trimmed 0.1 percent
from its global economic growth forecast for the year, singling out Brexit fallout as the culprit.
They are uniquely positioned to feed and benefit
from global economic growth via their relative commodity advantages, yet at the same time they have massive domestic market expansion opportunities due to a surplus of under - utilized land or people.
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.
The Great Stagnation: In «Why the
global economy may be doomed to lower
growth — maybe forever,» Simone Foxman gives four reasons why
economic growth may be much slower in the future: scarce resources, an aging labour force, stagnant technology
growth and externalities
from climate change.
A staggering amount of wholesale change is happening —
from unprecedented and widespread aging to rampant urbanization and
growth in a
global middle class to an eastward shift in
economic power and a growing number of disruptive technologies.»
In contrast to the new U.S. administration, Canada's Liberal government has remained positive on free trade, with prime minister Justin Trudeau and various members of his cabinet touting the
economic growth it creates and suggesting the country could benefit
from its continued openness to
global commerce.
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.
In terms of sector benefits, the firm upgraded industrials to overweight «as the sector benefits
from solid capex trends, anticipated tax reform, and strong
global economic growth.»
The U.S. Department of Energy projects that
global energy consumption will increase by 53 % between 2008 and 2035, with most of that
growth coming
from the long - term
economic expansion in Asian countries.
Our results may be affected by our ability to successfully market both new and existing products domestically and internationally, clinical and regulatory developments involving current and future products, sales
growth of recently launched products, competition
from other products including biosimilars, difficulties or delays in manufacturing our products and
global economic conditions.
Readers are cautioned that these forward - looking statements are only predictions and may differ materially
from actual future events or results due a variety of factors, including, among other things, that conditions to the closing of the transaction may not be satisfied, the potential impact on the business of Accompany due to the uncertainty about the acquisition, the retention of employees of Accompany and the ability of Cisco to successfully integrate Accompany and to achieve expected benefits, business and
economic conditions and
growth trends in the networking industry, customer markets and various geographic regions,
global economic conditions and uncertainties in the geopolitical environment and other risk factors set forth in Cisco's most recent reports on Form 10 - K and Form 10 - Q.
Global oil demand has not yet risen to offset higher supply, but we expect sustained above - trend
economic growth globally to support oil demand
from here.
Global economic measures, while admittedly suffering
from relatively short histories, are suggesting that
growth should remain positive.
Global stocks benefited
from broad
economic growth in 2017, and some forecasters expect
growth next year to be slightly better.
To date, the
global financial market fallout
from the Brexit vote has been short - lived, and U.S. financial market conditions remain supportive to
economic growth.
«Financials stand to benefit
from synchronous
global economic growth and reduced regulatory; it's also the cheapest sector on plain - vanilla forward price - to - earnings.»
«Brexit» (the British
from the EU) is a confidence shock to
global economic growth.
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.
During the second half of the 1990s, the Liberal government was «blessed» with ever growing surpluses, largely because of rapid
global economic growth, especially
from the United States.
While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate
from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World
Economic Outlook, ECB president Mario Draghi's call for
global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP
growth is likely to be the primary macroeconomic policy challenge for the next decade.
And our BlackRock GPS, which combines traditional
economic indicators with big data signals such as Internet searches, still points to above - trend
growth as the
global economy transitions
from catchup to steady expansion.
Europe's debt crisis has triggered fiscal tightening that economists fear will slow the region's
economic growth, in turn slowing imports
from Asia and other countries and subsequently the pace of
global growth.
2014.10.23 RBC Investor & Treasury Services quarterly survey: Canadian pension assets inch higher in Q3 Pension assets rose for a fifth successive quarter despite concerns over anemic
economic growth in the Eurozone and escalating
global issues during the three months ending September, according to the latest survey
from RBC Investor & Treasury Services...
On March 23, Fedex said that it was scaling back its forecasts for
global economic growth from 2.9 % to 2.3 %, a pretty meaningful decline, especially since the outlook for the U.S. was only shaved
from 2.2 % to 2.1 %.
How» Conditions» can Improve: Changing the Focus
from Macro to Micro While markets seem focused on macroeconomics, I continue to believe that the key to improving
global economic growth is microeconomic reform.
The continued use of large - scale asset purchases to enhance
global liquidity in a period of increased
economic growth is preventing the markets
from stabilizing.
The weaker overall outlook for
global economic growth could prove the decisive factor in persuading the ECB to further ease monetary policy in a concerted effort to stop the eurozone's recovery
from stalling.
Conditions have also contributed to a declaration
from the International Monetary Fund's (IMF's) managing director, Christine Lagarde, that
global economic growth this year is likely to be weaker than the IMF's July forecast of 3.3 %.
Some investors now fear that the first quarter will be the peak earnings quarter of the cycle, given some one - off impacts
from US tax reform and a modest slowdown in
global economic growth.
Equities should continue to benefit
from underlying fundamentals like
global economic and earnings
growth, and we expect new highs in U.S. and international equity markets this year.
Global growth for this year is seen at 3.4 percent, up
from a 3.1 percent forecast for 2015, but 0.2 percent lower than previously forecast, the IMF's World
Economic Outlook report said.
The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition
from the resources sector boom to more normal
economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader
global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity
growth and an increase in the expected risk - adjusted rate of return on investment.
It's interesting to note that on the same day the International Monetary Fund released their annual World
Economic Outlook which lowered expectations for
global growth in 2015 to 3.8 %
from 4 %, that several potentially large mining deals were either launched or mooted.
Oil producers have also benefited
from the
global upswing, as stronger
economic growth has spurred demand for energy.
The two men take nearly opposite approaches to trade: According to Lighthizer, American jobs and businesses must be protected
from what he views as unfair
global competition, while Froman has expressed that negotiating free trade deals helps America to set the standards for international trade policies that benefit American
economic growth.
Central bank policymakers also pointed to «solid rates» of
growth in consumer spending and business investment, while eliminating a reference
from their previous statement warning a
global economic slowdown could sap U.S.
economic strength.
Well, on Oct. 7 the IMF released its World
Economic Outlook for 2015 and cut its growth targets for global economic growth from 4 % to 3.8 % for 2015, and 3.7 % to 3.3 % f
Economic Outlook for 2015 and cut its
growth targets for
global economic growth from 4 % to 3.8 % for 2015, and 3.7 % to 3.3 % f
economic growth from 4 % to 3.8 % for 2015, and 3.7 % to 3.3 % for 2014.
Even if China's debt and real estate bubbles don't pop, resulting in a
global recession, slowing
economic growth from China could have a detrimental effect on long - term energy prices and result in prolonged weakness in the entire energy sector, including oil services suppliers such as U.S. Silica.
As a result,
global economic growth, although recovering
from 2013, will still be sluggish in 2014 and 2015.
Growth is good, everything is pretty good with a big jolt of stimulation coming
from changes in tax laws,» Dalio said, referring to the health of the U.S. market as well as what he sees as an improving
global economic climate.
It is in fact an extension into the field of higher education of the government policy of globalization, that is, of letting the
global market decide the pattern of
economic development of the nation without intervention
from the government in the name of social justice, protection of the natural environment or national self - reliance; it is a decision to make
economic growth the ultimate criterion not only of
economic development but also of social and cultural development of the peoples of the country.
«The continued expansion of world demand, resulting
from global population and
economic growth and increasing preference for dairy products are expected to be the main drivers, fuelling EU exports and sustaining commodity prices,» said the EC report.
Benefiting
from an improvement in the
global economic environment and favourable currency factors, Pernod Ricard has achieved strong sales and profit
growth in the first half ended December 31st last.
«These are impressive results, particularly in light of the challenges posed by
global mega trends impacting our industry,
from macroeconomic and political volatility, the continued rebalancing of the
economic world, to shifting consumer preferences and increasing demand for healthier products, to the disruption of retail caused by the rapid
growth of e-commerce and the blurring of channel lines,» Ms. Nooyi said.
The consolidation of Asia as the new engine of
economic growth; the rise of new
economic powers such as the BRICS; the negotiations of extensive Free Trade Agreements in an attempt to benefit
from access to growing markets and to US to maintain an upper hand in setting
global standards (among the others the EU and South Korea FTA and the on - going negotiations between EU and Canada, and the EU and the USA).
Mr. Speaker,
global growth is projected to remain strong at 3.6 percent at the end of 2017
from the outturn of 3.2 percent in 2016, according to the October 2017 edition of the World
Economic Outlook (WEO).
«At the summit which attracts
global leaders,
economic experts, investors and intellectuals from Africa and around the world, Prof. Osinbajo will discuss the increasing economic prospects in Africa and detail the progress of the Buhari administration, especially through the Federal Government's medium - term Economic Recovery and Growth Plan, ERGP, to the global a
economic experts, investors and intellectuals
from Africa and around the world, Prof. Osinbajo will discuss the increasing
economic prospects in Africa and detail the progress of the Buhari administration, especially through the Federal Government's medium - term Economic Recovery and Growth Plan, ERGP, to the global a
economic prospects in Africa and detail the progress of the Buhari administration, especially through the Federal Government's medium - term
Economic Recovery and Growth Plan, ERGP, to the global a
Economic Recovery and
Growth Plan, ERGP, to the
global audience.
«This would be the first decline during a period of strong
global economic growth,» the researchers said, noting that a portion of India's new energy consumption must be
from «low - carbon» resources in order for
global emissions to peak and then swiftly decline.