But in his book, Dr. Lomborg cites figures from the United States Census Bureau, the International Monetary Fund, the World Bank and the European Environment Agency to show that the rate of world population growth has actually been dropping sharply since 1964; the level
of international debt decreased slightly from 1984 to 1999; the price of oil, adjusted for inflation, is half what it was in the early 1980's; and the sulfur emissions that generate acid rain (which has turned out to do little if any damage to forests, though some to lakes) have been cut substantially since 1984.
Not exact matches
The strong dollar was felt widely across commodity markets and the emerging economies that are now borrowing record amounts
of debt in the U.S. currency — $ 3.7 trillion according to the latest figures this week from the Bank for
International Settlements.
«A large
debt also can compromise a country's national security by constraining military spending in times
of international crisis or by limiting its ability to prepare for such a crisis.»
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.
Here are three off the top
of my head: Record levels
of household
debt threaten future spending, too many
of our companies need a weaker currency to be competitive, and
international energy companies are giving up on Canada as a place to invest.
According to the Institute
of International Finance (IIF), global
debt levels rose by a further $ 21 trillion last year (US dollars), leaving total outstanding
debt at $ US237 trillion, the highest level on record.
Carnival was originally a subsidiary
of American
International Travel Service (AITS), but in 1974, Arison bought Carnival for $ 1, along with $ 5 million in assumed AITS
debt.
• Endo
International (NASDAQ: ENDP) agreed to sell Grupo Farmacéutico SOMAR, a Mexico - based producer
of pharmaceutical products, to Advent
International for approximately $ 124 million, including
debt.
For a retailer with scant discounting and zero
debt, Nasty Gal has racked up some seriously drool - worthy numbers:
international sales
of $ 128 million in 2012, four times higher than the year before; 535,000 Facebook fans; 420,000 Instagram subscribers; 68,000 Twitter followers; and more than 2 million monthly unique visitors to the website in September 2012.
D'Alessandro counters that such poor
international performance is more likely because
of a lack
of leadership, a problem extending back to the less - developed - country
debt crisis
of the late 1970s, when many developing countries defaulted on their bank loans.
Sanctions, the bank noted, «negatively affected business confidence, limited the ability
of companies and banks to access
international debt markets and contributed to an increase in private capital outflow.»
Italy is now running a primary budget surplus with a stock
of debt that, according to Ugo Panizza
of the Graduate Institute
of International and Development Studies, could easily be restructured:
The news
of missed
debt payments by Espirito Santo
International also comes on the heels
of discouraging economic data out
of the eurozone.
European institutions and the
International Monetary Fund (IMF) have struggled to find an agreement over how to make the Greek
debt — which stands at about 180 percent
of gross domestic product — more sustainable.
Health - care bills are the most common type
of debt in collection and represent about 38 percent
of total
debt collected in the U.S., according to a study by ACA
International.
Military rule will certainly not improve the nation's 8 % -
of - GDP budget hole or its 72 % -
of - GDP
debt load, which is already well beyond the point that pushed Argentina to default on its
international debt obligations back in 2001.
Corporate
debt in China exceeds 250 %
of gross domestic product, and the government has put restrictions on
international investment because the value
of the yuan was falling so fast.
And for the first time since the final quarter
of 2011, China's
debt - to - GDP ratio didn't increase and stayed unchanged at 255.9 percent in the second quarter this year, latest data by the Bank for
International Settlements showed.
Brian Porter told a University
of Toronto conference that he had a «different perspective» from the
International Monetary Fund's recent warning and said they should look at the «other side
of the balance sheet» which has «kept pace or outgrown the size
of the
debt.»
And last month, an
international financial group owned by the world's central banks said Canada's credit - to - gross - domestic - product and
debt - service ratios show early warning signs
of potential risk to the domestic banking system in the coming years.
COPENHAGEN, Denmark —
Debt - ridden Spain and Italy could hinder the European Union from achieving its goal
of cutting greenhouse emissions under an
international climate pact, the EU's environmental agency said Wednesday.
«The BCSC strongly urges consumers to avoid these types
of seminars,» the release said, noting that they often offer «questionable ways to succeed in business and / or to make money through things like precious metals, consumer
debt, environmental projects, and
international mutual funds.»
The fresh numbers come as an
international financial group owned by the world's central banks says Canada's credit - to - gross - domestic - product and
debt - service ratios show early warning signs
of potential risk to the banking system in the coming years.
In the statement, he said that ongoing talks with the
International Monetary Fund, which has said the oil producer's
debt is unsustainable, will «rapidly lead to the adoption»
of a three - year programme with the Fund.
But the serial acquirers that defined the last decade
of specialty pharma dealmaking — Teva Pharmaceuticals, Valeant Pharmaceuticals, and Endo
International — are no longer in the position to take on bigger deals, as they're all saddled with too much
debt.
* Valeant Pharmaceuticals
International Inc gained 6.7 percent to C$ 29.07 after announcing it had paid down more
of its
debt load.
As the latest Annual Report from the Bank
of International Settlements states: «In most advanced economies, the fiscal budget excluding interest payments would need 20 consecutive years
of surpluses exceeding 2 %
of GDP just to bring the
debt - to - GDP ratio back to its pre-crisis level.»
ACCRA, April 30 - The
International Monetary Funds board on Monday approved the next disbursement
of about $ 191 million under Ghanas aid program, while urging the West African country to take further steps to address its high
debt.
September 2003 (188 kb PDF file): Research summaries on sovereign bonds and public
debt management and on
international trade; country study: Sweden; summaries
of new study on deflation and recent book: Sweden's Welfare State; contents
of latest issue
of IMF Staff Papers; visiting scholars at the IMF; titles
of recent IMF working papers; list
of external publications by IMF staff.
The tense negotiations over Greece's
debt come as the Greek government struggles to find a consensus to pass the budget reforms demanded by its so - called troika
of lenders — the European Central Bank, European Union and
International Monetary Fund — in exchange for releasing the next installment
of bailout money, a 30 billion euro ($ 38.3 billion) payout scheduled to be released in March.
International debt settlement rules were thrown into a turmoil last year when U.S. Judge Griesa gave a highly idiosyncratic interpretation
of the pari passu clause with regard to Argentina's sovereign
debts.
Frank Stronach had strong words
of advice for his successors at his last annual meeting as chairman
of Magna
International Inc.:
Debt kills.
What passed for Soviet Marxism lacked an understanding
of how economic rents and the ensuing high labor costs affected
international prices, or how
debt service and capital flight affected the currency's exchange rate.
The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness
of the US economy, along with the US dollar's status as the preeminent
international reserve currency and very large size and depth
of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher
debt - service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»
A brutal assessment
of the bailout terms facing Athens by the
International Monetary Fund calls for substantial
debt relief for a further 30 years
Public - sector solutions to resolve the Europe's
debt crisis from institutions such as the
International Monetary Fund and the ECB are «merely bodies exchanging cards in a game
of old maid,» Gross added.
Wiping out
debts gets into the realm
of rewriting the rules
of international finance as well as domestic tax policy.
The deal marks a major milestone for Argentina and its new president, Mauricio Macri, restructuring the lion's share
of the
debt remaining from the default and freeing up the nation to tap
international markets for much - needed financing as its commodities - rich economy falters.
We are linked globally in a complex and layered loom
of investments,
debt, trade, resources,
international business, finance and currency.»
Today, it's perched atop global currency markets as Canada wins acclaim for its economic outlook and handling
of the public
debt, a point driven home Wednesday when a Russian Central Bank official confirmed that the Canadian dollar would be added to its
international reserves.
Not a single voice spoke to suggest that, instead
of recycling its trade surplus in buying US
debt, China could perhaps buy US goods and thus comply with its
international obligations.
As the dollar went up in price, that would mean that third world countries and Asian countries whose
international debts are denominated in dollars would have to pay much more
of their exports.
Meanwhile, the Bank for
International Settlements (BIS) expressed concern about the next recession, stating that «recessions triggered by financial crises are typically preceded by sustained episodes
of bubbly asset prices and
debt - financed spending booms.»
We're Number One: The
International Monetary Fund recently projected
debt as a share
of GDP will decline over the next five years for all advanced economies in the world except for one: Spoiler Alert: It's the U.S.A.
Hungary's bonds and stocks rallied after the government sold the planned amount
of debt at an auction on optimism Prime Minister Viktor Orban will be able to restart talks on an
international bailout.
Between June and July 2015, it appeared that the divergences separating the Greek far - left Tsipras government and its EU and
international interlocutors had the potential
of leading to a sovereign
debt default.
* Home Improvement * Inventor Loans * Car Loans *
Debt Consolidation Loan * Line
of Credit * Second Loan * Business Loans * Personal Loans *
International Loans.
Left unmentioned was any reference to cutting part
of the country's still very high
debt, a central demand
of his government to which the
International Monetary Fund is sympathetic, but to which the European Union, especially Germany, is adamantly opposed.
After more than two years
of financial crisis,
international bailouts, a huge
debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.
Greece's new
debt deal would give the country an extra $ 179 billion (euro130 billion) in rescue loans from the rest
of the eurozone and the
International Monetary Fund - on top
of the $ 152 billion it was granted a year ago.