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"Unless Catalonia takes drastic measures to reduce its cost base, persistent deficits will further deteriorate the region's already high debt metrics and retain rating pressure for some time," the agency warned.
"In Moody's opinion, downward rating pressure will persist until the company is able to stabilize revenue, reduce its cost structure and apply cash flow and asset sale proceeds toward debt reduction, such that credit metrics show improvement from current levels," said John Puchalla, a Moody's senior analyst.
"Negative rating pressure may result due to each city's current financial position, limited revenue-raising flexibility under the state's 2percentt property-tax cap, weak tax bases, low wealth indicators and the still sluggish New Jersey economy," Moody's said.
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Consequently, rate pressure product increased by 10.0%.
Therefore, the burning rate pressure exponent was decreased.
Couldn't higher rates pressure P/E ratios, by making bonds more attractive than stocks?
Continuous variables are used for process conditions (temperatures, flow-rates, pressure, velocities, pressure drops among others).
Oxygen uptake (˙VO2), ventilation efficiency (˙VE/˙VCO2) and rate pressure product were measured.
Four parameters, namely temperature, CO2 flow rate, pressure and co-solvent composition were analyzed.
Talks on alleviating exchange rate pressure were called off earlier this month after the Argentine economy minister, Domingo Cavallo, blamed Brazil's monetary policy for making the bloc unviable.
rate pressure product.
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