Financial Report Essay Example | Topics and Well Written Essays - 6500 words

Financial Report - Essay ExampleCanada was champion of the signatories to the 1997 protocol for stronger greenhouse boast emission reduction targets for the year 2000 and beyond. This protocol drafted in Kyoto was as a result of a meeting held to review the progress on the Rio Convention. Many countries did not sign this agreement, significantly the USA. At the moment of writing this report another convention is being held in Bali, with greenhouse gas emissions forming a part of the agenda.Transportation, which accounts for more than a quarter of Canadas greenhouse gas emissions, forget be an all important(p) component of Canadas long-term, multi-faceted climate-change strategy. The federal government is considering options for more sustainable transportation and working with industry to develop improve vehicle technologies and alternative transportation elicits. Currently direct is generally accepted as the most sustainable form of mass transport in the UK 1 and any movement of passengers from less sustainable modes onto the rail system is in that respectfore a net benefit to the UK. Indeed over the past 10 years rail passenger and freight kilometers have both increased by more than 40%. These increases have been achieved with pro rata low levels of additional resource, and hence have significantly enhanced rails sustainability position 2.This report attempts to analyze the perf... s a much diversified company, with interests in many spheres, Railpower is confined to the area of development of hybrid turn over pains for the railways across the world. The current market scenario is discussed in light of the historical background and projected performances, incorporate strategies, and impacts of the rise in fuel prices, changes in interest rates, the overall Canadian economy and the global environs in which these Companies operate. 2.0 Market Analysis (Part - A) The United States is the largest economy in the world and any changes there will be rev erberated in all major economies - note the recent drastic slump in the worlds stock markets. Six months into the most serious pecuniary crisis which originated with sub-prime mortgages has laid the American economy low by a debilitating credit crunch. The situation has been aggravated due to the phenomenal rise in world fuel prices, and the other major economies have to bail out the US from the present crisis (Lynch, 2007). Rogoff (2007), on the other hand, warns If it is a really steep downturn, its going to pull everyone into its vortex. The Canadian economy, specifically, is largely dependent upon its largest trading partner - the US and is thus most exposed to a turndown in US economy. However, effects of the struggling US economy have not been felt so far in 2007.If the United States manages to avoid a recession in 2008 one can be reasonably optimistic about global prospects. scarce with U.S. growth in the final quarter of this year expected to be very poor (Lynch, 2007), r ock oil prices hovering above $80 a barrel and resurgent inflation in developed and developing economies alike, there are plenty of reasons to believe that the worst is yet to come. Borders have become insignificant in the financial