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Competitive Devaluation

UPDATE 4-Telecom Italia says Fintech asks for extension on Argentina deal
www.reuters.com

A default by Argentina and a devaluation of the peso have distracted authorities in Buenos Aires and are seen as factors in the delay. Adding to the uncertainty was a Bloomberg report that U.S. businessman Sol Trujillo was … The sale of Telecom …

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Education system of Bangladesh needs review and reform
www.thefinancialexpress-bd.com

Bangladesh has a peculiar education system which is full of division, discrimination, conflicts and contradictions. Some of the students are getting favour for government jobs while others are being clearly discriminated. Subjects, methods, styles and …

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US GDP revised up but German consumer confidence slips – business live
www.theguardian.com

Some good news for Sweden – Standard & Poor's has just confirmed its credit ratings at AAA with a stable outlook. The agency said the ratings “reflect a prosperous, competitive economy and successive governments' commitment to prudent economic policies …

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The Threat of War and the Russian Response
www.globalresearch.ca

Another important requirement: issuers of global reserve currencies should meet is compliance with fair rules of competition and non-discriminatory access to financial markets. Other countries observing similar restrictions should be able to use their …

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County proposes small tax hike
www.dailytribune.net

He said Sheriff Tim Ingram, who sought the changes so the TCSO can stay competitive, thinks he can make up the money “by shuffling things around.” “I don't … Last week I heard that it's not fair to pass on Luminant's devaluation to the taxpayers. I …

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Nike Beats on Q1 Earnings, Surges on Strong Start to FY15
www.zacks.com

… slightly uncertain about the company's future performance due to unfavorable currency fluctuations coupled with the impact of recent currency devaluation in developing markets. Further, we expect soft discretionary spending and intense competition …

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Draghi May Discover Weaker Euro Doesn't Buy Enough Recovery
www.bloomberg.com

It's time for those textbooks to be revised, according to economists at Societe Generale SA led by Michala Marcussen, who reckon a devaluation of the euro will not be as stimulatory as it once was and perhaps as much as the ECB is hoping. For one thing …

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Is Poloz making the loonie fly low?
www.theglobeandmail.com

Indeed, the Bloomberg report concluded, Mr. Poloz was “fast becoming the most influential central banker in the foreign-exchange market” with an ability to move markets that his counterparts in Japan and the Euro-zone – both entities that could use a …

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Telecom Italia says Fintech asks for extension on Argentina deal
au.news.yahoo.com

A default by Argentina and a devaluation of the peso have distracted authorities in Buenos Aires and are seen as factors in the delay. Adding to the uncertainty was a Bloomberg report that U.S. businessman Sol Trujillo was … The sale of Telecom …

3,482
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