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

Does Zambia Need A Strong Kwacha? Yes? Probably Not?
www.lusakatimes.com

You may be aware that China was deliberately running a devalued currency against the dollar just so its exports could be made competitive and attractive on the international markets. When the Chinese Yuan was at its lowest, exports skyrocketed, and we …

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Fund Review: Japan
www.ftadviser.com

This has made many world-leading Japanese businesses highly competitive, especially against European businesses facing a strong euro. “But, interestingly, the Japanese … Currency devaluation can only ever be a stop-gap measure.” Mr Abe has still to …

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Can Uganda use another telecom?
www.busiweek.com

This devaluation of the Uganda shilling presents operational and continuity challenges to Ugandan telecommunications operators since some of their operational and continuity capital expenditure including financing costs are denominated in US dollars. A …

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Del-Nat @ 25 — dealer focused and 'Built to Last'
www.tirebusiness.com

Much of the company's success, Mr. Mayfield said, comes as a result of its unique cooperative structure in which program members are non-competitive and share equal ownership in the business. Each stockholder operates within a protected territory under …

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Kazakhstan devalues national currency
www.wsws.org

Russia and Kazakhstan have been in a customs union with Belarus since 2010. The devaluation of the Russian ruble has increased competitive pressure on local producers in Belarus and Kazakhstan. Kazakhstan and Russia are competitors on the world …

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Major Drilling Announces Third Quarter Results
online.wsj.com

Reduced pricing, due to increased competitive pressures and delays, impacted margins, however the Company has been able to recapture some of this through productivity gains and cost cutting. General and administrative … Most of this quarter's loss …

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How A German Sovereign Wealth Fund Could Help To Rebalance The Eurozone
www.social-europe.eu

Due to the lack of an external devaluation mechanism in a currency union it is up to economic policies to kick-start an internal devaluation that eventually will create a downward pressure on wages. Such a mechanism is by far not as elegant as the …

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The growing mess which will be left behind by the Abenomics experiment
www.creditwritedowns.com

Initially private consumption surged in Japan on the back of the sharp rise in stock values which went hand in glove with the yen devaluation, rising by an annual 5.2% in March 2013. Subsequently it has fallen back and the rate of increase was …. But …

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Emerging Market Banking Crises Are Next
www.forbes.com

There's an altogether different explanation though involving the yuan devaluation having nothing to do with Chinese authorities. The theory is that the yuan carry trade is unraveling of its own accord. … US deficits have continued to sharply decline …

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