Dr. Rick C. Ernst
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Competitive Devaluation

PA Portfolio: Are there any bright spots left in emerging markets?
www.ifaonline.co.uk

In Taiwan and Korea, inflation has been low, so any currency weakness would be a real boon to companies that have had to remain competitive, despite having very strong currencies in the last few years. We have been negative on the asset class for some …

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3000 Years of Inflation
goldnews.bullionvault.com

And higher house prices make life just that little bit more miserable for a younger generation already plagued by the rising cost of education, the likely burden of student debt, and an increasingly competitive jobs market. Anyone trying to join the …

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Reviving Ukraine's economy
www.thedailystar.net

This would lead to a substantial devaluation of perhaps 10%, thereby ending the current run on the hryvnia, eliminating the current-account deficit, and enabling a reduction in Ukraine's extremely high interest rates, which would stimulate investment …

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Gold Bug, Gold Bull
goldnews.bullionvault.com

… as their domestic producers suffer from cheap competing foreign goods? If Japan's Abe is successful at increasing his country's exports at the expense of its competitors like Taiwan, Korea, or China, then his policies could lead to competitive …

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Weatherford International Ltd (WFT) news: Weatherford's CEO Discusses Q4 …
seekingalpha.com

Due to delays in implementation of the energy reform in Mexico, uncertainty in Venezuela was politically and with respect to getting paid, elections in Colombia and the currency devaluation in Argentina. The E&P spend in Mexico will be delayed until …

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February Traumas: The Third Insurrectionary Moment of the Venezuelan Right
upsidedownworld.org

The real problem, it seems, is that democracy is supposed to entail competitive elitism and an exchange of office between bourgeois political parties (such as the Republicans and Democrats); it is not supposed to create room for alternative projects …

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Ferro Corporation (FOE) news: Ferro Management Discusses Q4 2013 Results …
seekingalpha.com

A challenge for us is the devaluation of the Japanese yen, which is providing Japanese competitors with price advantage throughout Asia for alumina-based auto polishes. I'll now comment on our Performance Chemicals group, which includes the Plastics …

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Priceline.com Inc (PCLN) news: Priceline.com's CEO Discusses Q4 2013 …
seekingalpha.com

When you combine priceline.com strong results with Booking.com's increasing success American bookers, we feel proud of the solid market share gains we're making in the worlds most competitive online travel market. Also notable for the first time in …

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TCL Multimedia Announces Annual Results for 2013
prnw.cbe.thejakartapost.com

Furthermore, an overly optimistic expectation of the Group on market demand at the beginning of 2013 prompted an overstocking of the inventory of raw materials, as a result of lower raw material prices, a significant devaluation had to be made for the …

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