1. A bilateral deal was also agreed between Germany and Russia providing for Russian counter-guarantees, enabling the German export credit agency Hermes to resume credit guarantees for German exporters. 2. The absence of such guarantees had blocked new German export contracts since the collapse of the Soviet Union. 3. Analysts said car shares were being weighed by a falling U.S. dollar, which will pare German export profits. 4. As Becker and Graf rose to the top of their professions, however, they became Boris and Steffi, German cultural exports and symbols of national pride. 5. As the mark strengthens against the dollar, German exports get more expensive -- and less competitive -- abroad, so earnings go down. 6. -- A framework credit between Dresdner Bank AG and Bank of China to finance German exports to China. 7. A fall in the value of the U.S. currency against the mark makes German exports less competitive abroad and reduces the value of repatriated dollar-denominated sales. 8. A cheaper mark makes German exports more competitive. 9. A fall in the value of Asian currencies makes German exports more expensive in the region. 10. A rising mark makes German exports less competitive and erodes the value of exporters foreign currency earnings. |