Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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Competitive Devaluation

Has the EUR hit its biggest sell since inception?
www.zawya.com

Not a good sign at all as they are the only true guardian of healthy money left in a world of competitive devaluation. Nevertheless, it seems to be happening. The alternative is negative interest rates, but either outcome should drive the EUR lower. 5 …

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Most execs prefer weaker loonie, survey finds
www.ctvnews.ca

A new survey sponsored by KPMG finds that 65 per cent of Canadian executives think the devaluation of the dollar has been beneficial to the Canadian economy. The 34th C-Suite Quarterly survey polled around 150 executives from … He said the theory …

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Sealed Air Tops Industry in Fortune's Most Admired List
online.wsj.com

… economic and political conditions, changes in our raw material and energy costs, credit ratings, the success of restructuring plans, currency translation and devaluation effects, the competitive environment, the effects of animal and food-related …

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Does the EU's 'defenceless' policy require a political union?
www.neurope.eu

The devaluation of Russia's Ruble has reduced dramatically the export potential of Polish products to Russia. In a similar vein, Slovakia's exports are being affected by EU-Ukraine relations if Ukrainian products become more competitive than Slovakia's …

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Argentina: the next big market for international investors
www.emergingmarkets.org

“We are seeing the prospect of an even bigger devaluation based on the fact that other currencies have been weaker in the region and that will force Argentina to try to become more competitive by devaluing their currency.” HAIL THE SHALE. The IIF chief …

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Plan B: how leaving euro can save Ireland
www.independent.ie

The results of such a currency drop are to make the country's exports and tourism product more competitive. But, since 2007, our currency, the euro, has risen – not fallen – by 25 per cent … The alternative to correcting these cost and exchange rate …

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Ukraine seeks rescue from IMF
www.businessmirror.com.ph

Any financial help from the IMF for the country of 46 million is likely to come with tough conditions, including demands for budget cuts, structural reforms and a devaluation of the currency to make the economy more competitive. The IMF would also …

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10 million Turkish citizens to have US$35000 annual income
www.turkishpress.com

… report predicted 5 percent GDP growth for 2015 and 2016. The report urges Turkey to benefit from the Lira's devaluation: “Turkish growth should benefit from the expected global recovery, particularly with the exchange rate now at a more competitive …

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Five-point agenda for revival of economy floated
www.brecorder.com

Attitudes have since changed and devaluation is thought to bring advantages, especially by making economies more competitive exporters. In his paper Sikander intends to show that it has disadvantages that outweigh any supposed advantages, notably its …

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