"If we were tempted to support it on the basis of trade being a major threat, it is not, " says Dr Colman O'Criodain, WWF's wildlife trade policy analyst.
Also, on a price-to-book basis, shares trade at 20.64x, a substantial premium to the peer group average of 0.99x.
In line with the cash share price tumble the Credit Default Swap on BP broke higher by 20 basis points 10 trade at 103bps over 3 month LIBOR.
But when you look at it on a global basis, recent trade statistics suggest that this may not be the case, and that the renminbi may, in fact, be more or less in line when all currencies are taken into account.
On a price-to-book basis, shares currently trade at 1.34x, a 47% discount to the industry average of 2.53x.
The pound has risen about 6%, on a trade weighted basis, since October, and the FTSE is only slightly higher.
Markets believed him, with Japanese equities gaining nearly 20% in the third quarter and the yen weakening 12% both against the U.S. dollar and on a trade weighted basis.
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Mr Bush's call for duties on a wide range of imported steel products in March remains a highly contentious issue among members of the European Union and the basis for a possible trade war.
Former defence secretary Conservative Liam Fox, who is one of the Tory MPs who has been briefed on the speech, said he believed the "ideal solution" would be for the UK to remain within the EU but on a fundamentally different basis, focused on trade.
On a trade-weighted basis, it is 2.3% weaker than it was on June 18th.
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The euro has appreciated nearly 8 per cent since July on a trade-weighted basis.
On a trade-weighted basis the dollar today is close to where it was before Lehman failed.
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Deferred Eurodollar contracts also halved session losses to trade down five basis points.
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Between September 2008 (when Lehman Brothers failed) and March 2009 (when America's stockmarkets hit bottom), the dollar rose by almost 13% on a trade-weighted basis.
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In fact, the decline of the dollar has already begun measured on a trade-weighted basis, it is now around 10% below the level a year ago.
In America, Japan's competitive cars and the value of the yen (at a 20-year low on a trade-weighted basis) threaten to become political issues again.
After a welcome appreciation alongside a stronger dollar in 2008, China's currency has fallen on a trade-weighted basis in recent weeks as the dollar has tumbled.
Should the Bush Administration become party to this enterprise -- even on a unilateral, ostensibly trade-related basis -- it would abdicate its leadership role and betray the public trust.
This week, it reached its lowest level in eight months on a trade-weighted basis, according to the Fed, and is within a whisker of an all-time low against the euro.
Corrected for deflation and on a trade-weighted basis, including trading partners such as Switzerland with robust currencies, the yen has been relatively flat since the 1980s, according to a Bank of Japan analysis.
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After rising 7%, the yuan again stopped appreciating in early August as the world economy threatened to come unglued and as investors fled the euro for the dollar, which rose sharply on a trade-weighted basis.
Sterling has fallen more than 1% on a trade-weighted basis from its late-September highs on fears that the U.K. economy could contract again in the final three months of 2012 after having only pulled out of recession in the previous quarter.
These could become the basis of a pan-Asian trade bloc, reckons Kiat Sittheeamorn, Thailand's chief trade negotiator.
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Put simply, when the dollar is unstable so is the trade that is the basis of economic activity.
Careful carbon accounting has been the presumed basis of cap-and-trade programs as envisioned by the Kyoto Protocol and advocated as the best approach for national climate policy.
But as of late the gold and silver markets have opted to trade on a daily basis more like their raw commodity counterparts and be more of a risk asset.
Greek 2 year yields rose above 40% yesterday for the first time, adding as much as 144 basis points (bps) to trade at 40.46% before recovering to 39.01%, little changed from Monday.
If it was a mess on a domestic basis, imagine foreign exchange and international trade.
Laws and their consistent enforcement are the basis for free and successful cross border trade.
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Currensee get a cut of that, plus a few basis points on the spread of every trade.
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