Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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Competitive Devaluation

I fear that austerity's true purpose is to make tax cuts possible
www.theguardian.com

Now, some observers maintain that this disappointing trading performance means that devaluation no longer works. My own view is that, without the 2007-09 devaluation, the position would have been even worse. … However, as that tireless campaigner …

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Fitch Affirms Coca-Cola FEMSA's Ratings at 'A'; Outlook Stable
www.reuters.com

The ratings are constrained by the highly competitive nature of the beverage industry, the economic volatility present in its territories, higher debt levels, and the effect of a new MXN1 tax per liter on beverages with sugar content that would have a …

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OPINION: High Australian dollar helped drive General Motors Holden offshore
www.couriermail.com.au

… is to cease manufacturing here – high production costs (in part related to labour although that accounts for only 20 per cent of inputs), changing consumer preferences (think SUVs and small hatches) and a fragmented and competitive market played …

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South Korea's Chaebol economy offers business lessons
theconversation.com

The weakening of the Won also creates uncertainty among international investors since this action can lead to competitive currency devaluation or currency war. The Won can be further devalued the financial policies of the US, Japan, and China. The …

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The Illusion That Is Abenomics
www.epw.in

There are also signs that Japan's competitive devaluation is losing steam as an export promotion measure, especially as worries about the US “tapering” of monetary easing is casting a cloud over market prospects in developing economies. Moreover, China …

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Recent Study: Venezuela Real Estate Report Q1 2014
www.clickpress.com

[ClickPress, Thu Dec 12 2013] The Venezuelan commercial real estate sector is set for further turbulence in 2014 with pockets of sharp growth in rental rates expected across the country due to the devaluation of the Venezuelan bolivar. Increasing …

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DIRECTV – Analyst/Investor Day
seekingalpha.com

In addition, we're highlighting our new sports portal, second screen apps, as well as many of the features, content and services that set DIRECTV Latin America apart from the competition. As for today's agenda, Mike will come up in a minute to give you …

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Ireland breaks free of Troika shackles but not safe yet
www.telegraph.co.uk

European officials have hailed Ireland's recovery as a vindication of their strategy of “internal devaluation”, a policy of wage cuts aimed at clawing back lost competitiveness within monetary union. Yet it remains far from clear whether Ireland is …

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Holden: Australian to the core, despite Detroit being in the driver's seat
www.theguardian.com

One reason for this fragmentation is that Australia has one of the most competitive new car markets in the world. For example, China has annual car sales of 28 million (47 makes and 379 models) while Australia has annual sales … Recession-struck …

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