Dr. Rick C. Ernst
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Competitive Devaluation

Still Underperform on Potash Corp.
www.zacks.com

Average realized potash price fell roughly 28% year over year in the third quarter on competitive pressure and cautious buyer behavior. Pricing pressure was also witnessed across nitrogen and phosphate units. Potash Corp. is also seeing somewhat weak …

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Why Spanish Real Estate has Become so Popular all of a Sudden
www.valuewalk.com

The first reason is that Spain has achieved the heroic task of closing a current account gap of 11% in five years without devaluation, making its economy less dependent on foreign inflows. The second reason is that, thanks to some structural reforms …

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Why Scotland should peg an 'independent' currency to the British pound sterling
www.poundsterlinglive.com

Therefore, the idea that currency devaluation will boost Scottish exports fails to stand. The argument that Scotland would not be able to finance the stock of debt it assumes from the rest of the UK by gaining … To sum up, Scotland's business cycle …

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Indian garment exports rise as orders divert
www.just-style.com

Scaling up operations and inviting weak foreign direct investment in the textile sector is essential to gain a sustained competitive edge, he said. Sunil Goenka … Texport Syndicate's "exports have risen 30% due to devaluation of the Indian rupee," he …

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Research Analysts' Ratings Reiterations for November, 26th (ABX, ACI, AMSWA …
zolmax.com

Further, low rainfall impacts the company's electricity generation capacity while denomination of a portion of loans and financings in foreign currency raises risks of higher financial expenses in the event of devaluation of the Brazilian currency …

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Cover story: Can Spain start to clean up?
www.fundweb.co.uk

Hormigos says exports should continue to be strong for two or three years, as gains have not been derived from currency devaluation, but from lower production costs and higher productivity. Investors could do well to keep an eye on this group of …

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Global Macro: Australia Edges Closer to Stimulus Policy
www.thestreet.com

He also stated that the RBA is willing to directly intervene if necessary to bring down rates and make the dollar more competitive in a world motivated by currency devaluation. Read: Why Guru ETFs Beat Human Gurus. The Australian economy relies heavily …

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Chicago Sun-Times Concessions are Not a Victory for Photographers
petapixel.com

suntimes. No, the Chicago Sun-Times earned national attention because their actions became a symbol for the endemic devaluation of the contributions of staff photographers in print journalism. Onlookers responded with outrage when the Sun-Times …

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Spaniards take deep wage cuts, fearful for their jobs
au.news.yahoo.com

Prime Minister Mariano Rajoy's conservative government refers to the process as an "internal devaluation" necessary to regain competitiveness. Previously, "whenever there was an imbalance it was always fixed by devaluing the peseta," said Ignacio de la …

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