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To: DeaconBenjamin
Airbus stands to lose €100m in profits for every one cent rise in the euro, a loss of €1.2bn since August.

Telegraph reporter gets it wrong — many financial publications show every 10 cent rise = €100m loss, not one cent rise.

ALL of Europe and Canada — with combined losses in the 100s of billions due to weak dollar! As for the US, in the short term, it is helping. look at break down in last GDP report. The US GDP growth almost doubled just because of improved US exports...also, balance of payments deficit dropped big time.

13 posted on 11/07/2007 7:32:21 PM PST by Jackson Brown (Conservatives killed their racehorse in order to let their fortunes ride on a jackass)
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To: Jackson Brown
Telegraph reporter gets it wrong — many financial publications show every 10 cent rise = €100m loss, not one cent rise.

Are these estimated annual losses? Monthly losses? Enquiring minds wonder.

16 posted on 11/07/2007 8:00:26 PM PST by DeaconBenjamin
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To: Gyroscope

Ping!!! Are you reading this thread back there in the “Show Me State?”


32 posted on 11/07/2007 10:16:06 PM PST by SierraWasp (If Dems had brains they'd be Repubs. And when they learned to use 'em, they'd be CONSERVATIVES!!!)
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