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It cannot say it owes only $2 billion because it expects a very high return.The reason is clear.
The EUCLG wants the EU's Energy Efficiency Directive to be aligned with the ETS, because it expects a 13.9% reduction in carbon prices if firms in the ETS increase their energy efficiency.
Consumers tend to borrow less with an increase in FFL, which satisfies the hypothesis of LCH/PIH, but borrow more even with an increase in the PR, which rejects the hypothesis because it expects a lower borrowing if interest rate is increased.
On the up side, Nippon Steel gained 1.7% to 358 yen ($3.72) after the Nikkei Business Daily reported Thursday that the steelmaker planned to lift its capacity utilisation rate from the current 50% to 60-70% because it expects a recovery in demand from automakers and other manufacturers.
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On Wednesday, Chrysler told employees that it would eliminate 1,000 of its 18,500 salaried jobs worldwide by Sept. 30, largely because it expected a continued downturn in domestic car sales, said David Elshoff, a Chrysler spokesman.
Mr. Urban goes much too far in suggesting that the Reagan Administration deliberately protected the Warsaw regime's secret because it expected a "bloody conflict" in Poland after martial law, and thought that preferable to warning Solidarity.
Or maybe Chevy cut back production to make room for the Z06, or because it expected a slow summer.
On Tuesday Shire rose more than 3% on reports it had hired Citigroup as an advisor because it expected an approach.
Analysts say that the foundation is likely to go on clinging to its voting control of Varig, not least because it expects to win a $1 billion lawsuit against the government over a fare freeze imposed on airlines in the late 1980's.
But since the corporation lends money at commercial rates it is actually "off-budget", because it expects to earn a return on its investments.
The company decided to set up the institute, he adds, because it expects to get "a large competitive advantage" if it can efficiently translate genetic information into drug targets.
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