Dr. Rick C. Ernst
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Competitive Devaluation

Economy needs to turn attention outside country's borders
www.ekathimerini.com

Despite the optimistic messages about the economy's transformation through the fiscal adjustment and structural reform program, intended to strengthen competition and lead to internal devaluation, the risk of a prolonged period of massive unemployment …

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General Mills Stock Not Cheap Enough to Buy
online.barrons.com

Although General Mills is the owner of an enviable stable of brands, from Cheerios to Green Giant, it operates in a competitive space that, in the near term at least, is facing higher raw materials costs. In addition, General Mills and other brand …

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The Song Remains The Same [SPDR S&P 500 ETF Trust, PowerShares QQQ …
seekingalpha.com

RMB depreciation could set off a round of competitive devaluation in Asia, as Japan and other Asian countries try to keep their exports competitive. This would ultimately benefit the United States, as the strength of the dollar is closely tied to …

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Abenomics hits the rails
www.atimes.com

The third was a program of reforms and opening up of Japanese institutions and trade restrictions, which together would increase output, as well as making the Japanese economy more competitive. The monetary stimulus has more or less worked as intended …

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Fitch Affirms Banco Exterior's Ratings
insurancenewsnet.com

In Fitch's opinion, the bank's focus on risk management, its stable profitability and solid asset quality ratios, combined with its competitive advantage serving the small- to medium-sized business segment will continue to underpin the resilience of …

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Nature's Sunshine Products Corrects Timing of Regular Quarterly Cash Dividend
online.wsj.com

… our senior management team which could negatively impact our Distributor relations and operating results; — the competitive nature of our business; — regulatory matters governing our products, our direct selling program, or the direct selling …

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LATAM Airlines Group SA (ADR) (LFL) news: LATAM Airlines Group's …
seekingalpha.com

This decline is mainly driven by lower yields that results from a devaluation of local currencies in all of these markets in the fourth quarter in Chile, the Chilean pesos devalued by approximately 8%; similar in Peru also close to 8% devaluation; in …

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Former Jamaica finance minister wants fixed exchange rate
www.caribbean360.com

Shaw, in a presentation at the University of the West Indies (UWI) Mona Campus on Thursday, said calls for a competitive exchange rate are nothing more than a euphemism for further devaluation which he points out has brought little gain so far. “Are we …

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Hryvnia Extends World's Worst Slump Amid Bailout Talks With IMF
www.businessweek.com

Ukraine's hryvnia slumped in the world's worst currency rout this year on speculation the country will be forced to allow a devaluation under the terms of an international bailout program. The currency depreciated 3.5 percent to 10.1 per dollar by 5:40 …

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