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

Fear of currency busts stems from bungled booms
www.breakingviews.com

Why then do emerging markets – and their investors – portray episodes of sharp depreciation as “crises” when similar movements in, say, the Japanese yen or the Australian dollar are characterized as mere “adjustments”? The standard answer is fragility …

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Daimler AG (USA) (DDAIF) news: Daimler AG Management Discusses 2013 …
seekingalpha.com

With regard to the — we did an impairment on devaluation of certain assets with regard to their assessment on the market development, sales expectations and the competitive environment. In this regard, of course, I can't exclude it for 2014. Again, we …

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Regal Beloit Corporation Announces Fourth Quarter and Fiscal 2013 Financial …
online.wsj.com

Fiscal 2013 Electrical segment gross profit included $5.4 million of restructuring expenses, a $3.6 million charge due to the Venezuelan currency devaluation, $0.8 million of purchase accounting adjustments, and a $2.3 million LIFO benefit …

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Buzzi Unicem: Russia and US are the best performers
www.cemnet.com

In the Czech Republic and Slovakia, turnover declined by 11.9 per cent to EUR 132m, of which EUR 3.7m represented the devaluation of the Czech crown. Cement volumes declined by 15.5 per cent on prices that were off by 1.0 per cent. … Cement shipments …

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Economic Crisis and the Caribbean: The Challenges Facing Barbados
www.stabroeknews.com

The reality is that the predicament engulfing Barbados speaks to the deeply rooted structural problems inevitably facing countries which import and consume much more than they produce and export, and which lack a competitive productive base. Countries …

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Can emerging markets expect help from the Federal Reserve?
www.livemint.com

In a sense, post-Bretton Woods, the world had returned to the monetary system of the inter-war era that was marked by uncoordinated, cross-border national policies aimed at competitive devaluation. But this time round, governments vowed to learn from …

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Herbalife Ltd. Announces Preliminary Fourth Quarter and Full-Year 2013 …
online.wsj.com

(1) Fourth quarter and full year 2013 adjusted diluted EPS excludes the impact, net of taxes, of the February 2013 devaluation of the Venezuelan bolivar; expenses (primarily for legal and advisory services) relating to the company's response to …

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FMC Corp (FMC) news: FMC Management Discusses Q4 2013 Results …
seekingalpha.com

While Paul will address foreign exchange implication in more detail lately — later, let me briefly comment on the potential impact of the more rapid devaluation of the Argentine peso that we have seen recently. There is no doubt that a faster pace of …

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Daimler AG (USA) (DDAIF) news: Daimler AG Management Discusses Q4 2013 …
seekingalpha.com

With regard to the — we did an impairment on devaluation of certain assets with regard to their assessment on the market development, sales expectations and the competitive environment. In this regard, of course, I can't exclude it for 2014. Again, we …

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