We’re pleased with the support that we’ve received from our banker and can now move to work with long-term lenders to develop the optimal structure to take the company forward. We’re actively engaging with both existing and potential new lenders and are confident that we can complete our refinancing on a timely basis. Regarding our taxes, the non-deductibility of the DOJ settlement amount and the double and sometimes triple taxation impacts of the TCGA or tax reform, combined with lower-book income, largely driven by the DOJ settlement, has created a current effective tax rate that is not indicative of what we would see with the company’s return to profitability. In 2018 and in 2019, we have attributes that will allow our cash taxes to remain relatively constant.
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This is in stark contrast to the majority of the landscapes over in American Truck Simulator , which mostly consists of dry, rocky deserts and valleys. ETS 2 has always had more greenery than its sibling title, and now the amount has been boosted even more. Speaking of ATS, it’s amazing that a lot of US states are actually a lot bigger than many European countries. Lithuania, Latvia, and Estonia look like dwarfs compared to the likes of California, Arizona, and New Mexico. Even having started in Poland, going all the way up to Finland and back down to Lithuania, my total play time so far is only at a little over four hours—and I’ve only visited about half of the 24 new cities and towns included in this pack. Thus, Beyond the Baltic Sea is sure to keep you entertained for quite some time with all of its new scenery to explore.
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Faster growth in imports compared to exports, as companies positioned themselves for the government's P8-trillion infrastructure program, is causing the peso to weaken, said BDO Unibank chief market strategist Jonathan Ravelas.