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The 17% fall in pre-tax profits for 2014 was largely explained by fines, legal settlements and refunds.
The further rise between 2009-10 and 2012-13, to a peak of 12.9percentnt of GDP, was largely explained by higher spending on pensioner benefits.
BCG said the slowing growth rate was largely explained by falling equity prices, with the Dow Jones and the S&P 500 indices closing the year with negative returns for the first time since 2008.
Just as the 2008 crisis was largely explained after the fact by The Times and other publications, the current situation feels like a replay in which we may learn only later how the tumbling dominoes were arrayed.
This impact and subsequent recovery was largely explained by two species: Eumida sanguinea and Urothoe poseidonis.
This behaviour was largely explained by quantifying the role of crack tip blunting.
Results: The angle of flexion increased over time and was largely explained by bone growth (r =.725, p <.01).
Reliability of individual activity maps was largely explained by individual differences in the global temporal signal to noise ratio (SNR).
This was largely explained by higher abundances of several taxa, including canopy-forming algae, which may have facilitated other taxa.
The empirical test found that medium-term momentum was largely explained, and a small part of the long-term reversal was explained.
Such positive intention was largely explained by the fact that such technology was perceived to be useful, easy to use and socially acceptable [7].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com