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Competitive Devaluation

First US/Japan World Golf Market Report officially released
www.worldgolf.com

In 2012, prior to the devaluation of the yen, the two markets were even closer with the U.S. totaling $5 billion vs. $4.2 billion in Japan. Among the unique findings for individual product categories, the study reveals that the … Along with other …

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Process equipment makers ready to ride investment cycle boom
www.business-standard.com

On a positive note, it has made Indian equipment competitive compared to other Asian countries. Singh of Linde Engineering elaborated, “Due to devaluation of Rupee, cost of input has gone up, hence affecting the competitive needs at local level …

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Greece: Signs of Growth Come as Austerity Eases
www.truth-out.org

The austerity can only "work" (if one accepts the obscenely high human cost of it) if the massive unemployment drives down wages enough so that the economy becomes more competitive and can export its way out of the recession. The IMF projects a 20 …

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Is Greece on the Rebound?
www.counterpunch.org

The austerity can only “work” (if one accepts the obscenely high human cost of it) if the massive unemployment drives down wages enough so that the economy becomes more competitive and can export its way out of the recession. The IMF projects a 20 …

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Putin rejects devaluation as ruble hits 5-year low
www.digitaljournal.com

Putin added that Nabiullina "did not say anything at all" about a government-orchestrated currency devaluation that could help Russian industry by making the country's goods more competitive abroad. He spoke only moments before Industry and Trade …

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Holiday sales disappointed, slowdown continues
www.newsinenglish.no

The drastically weaker NOK (not even any of the devaluations of the 70′ were even close to the 2013 'devaluation') will boost mainland industry. The building industry slowdown is far from dramatic. Only 5% less building up-starts are expected this …

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Icelandic Model to Economic Recovery – Vanishing Cyprus
greece.greekreporter.com

They did so by stabilizing the nation's currency through devaluation and capital flow controls; increase trade competitiveness; growth in exports and productivity; reduction of imports; drop interest rates to develop new industries; new job creation …

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Annual Forecast 2014 – The View from Stratfor
www.isn.ethz.ch

The Russian energy sector will continue evolving from a monolithic state-run sector focused almost entirely on Europe to a more competitive, but still heavily state-influenced, sector. The Kremlin will also engage in policy changes in 2014 to bolster …

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Sterling in demand – growth needs balance to confirm.
www.forexlive.com

Very much the market darling for now, and in a world of competitive devaluation, very much a `currency of least resistance`. Enjoy the ride, but beware the element of expectation. There is a momentum building up here, based on the argument that …

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