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

UK revival leaves envious eurozone in shade
www.ft.com

While Germans may think of British manufacturing as small-scale, it is also regarded as competitive and highly efficient. … With the devaluation of the Indian currency in the last few months it has made assets in the UK that much more expensive,” he …

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Court Tosses Infringement Claims In Kantar-TRA Suit
www.mediapost.com

The suit was triggered in 2011 when talks between the parties concerning WPP's possible acquisition of TRA broke down and Kantar launched a competitive service called RapidView. In a ruling handed down Tuesday, Nov. 25, Judge Shira … Scheindlin also …

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Forex: USD/JPY hits 103 for first time since late May
invezz.com

However, analysts at Canada's Imperial Bank of Commerce believe that “the prospect for further yen weakness may be capped by international objection to what would be perceived as a competitive devaluation”. CIBC see the USD/JPY staying above the …

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Spaniards take deep wage cuts
main.omanobserver.om

“Since we can no longer devalue the currency, the only way to rebalance the economy is to devalue salaries,” he added. From the purely economic point of view, it is a recipe that seems to work. “Spain has become ultra competitive in terms of salaries …

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Malta positioned with stronger economies – CBM governor
www.independent.com.mt

The alignment of wages and productivity is crucial for competitiveness, particularly at a time when neighbouring economies are undergoing an internal devaluation. Because of this correction, unit labour costs in the stressed economies have plateaued …

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The Gurus Within
www.coolavenues.com

Knowledge coming from inside the organization gets devalued and not used. … Companies who fail to understand this, carry de motivated people who feel undervalued and in competitive, which reduces the overall competitiveness of organization.

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Office space sales could improve next year
businesstoday.intoday.in

"Currency devaluation has made our IT companies more competitive and there are expectations that India will get more outsourcing work," says Anshuman Magazine, Chairman and Managing Director (South Asia), CBRE. More outsourcing translates into …

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BUSINESS IN BRIEF 30/11
english.vietnamnet.vn

He further said the economy needs appropriate trade policies to enhance its comprehensive effectiveness, capacity and competitiveness, which are the key to efficiently implementing the Vietnam-EU Free Trade Agreement to be signed in the future. The EU …

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2013: Making Sense of a Year of Shifts
realtruth.org

The article warned of how the dispute could “lead to a clash of G-20 finance ministers and central banks” during a meeting in Moscow, “three months after reiterating their 2009 pledge to 'refrain from competitive devaluation of currencies.'” Then a …

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