Dr. Rick C. Ernst
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Competitive Devaluation

Pig ignorance abounds in our cost of living crisis
www.telegraph.co.uk

It's just not in our DNA. The primary reason for higher prices was the sudden and very dramatic depreciation in sterling that took place in the early stages of the banking crisis. Overnight, Britain became around a fifth worse off relative to the rest …

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The euro is soaring. That's terrible news for Europe.
www.washingtonpost.com

The rise in the euro against the dollar since the summer makes German or French exporters 8 percent less competitive than they had been against U.S.-based competitors. They are already groaning under tougher competition from Japan; … But because they …

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GDP forecasts for four rapid-growth markets in Africa
www.howwemadeitinafrica.com

“It is critical for the rapid-growth markets to take full advantage of the depreciation in their currencies for benefit of their export-oriented sectors and become more competitive with required shifts in policy.” South Africa. South Africa's growth …

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Now Available: Egypt Business Forecast Report Q4 2013
www.sbwire.com

Boston, MA — (SBWIRE) — 10/24/2013 — Core Views The second half of 2013 will be a difficult period for the Egyptian economy, as ongoing concerns surrounding a potential devaluation of the pound's de facto fixed exchange rate are likely to continue …

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Reimagining India: A Power in Search of Purpose
asiasociety.org

… and pluralistic society where constituencies have the freedom to take forward different and sometimes opposing policies, how can India incorporate perspectives and concerns of varied stakeholders to mold holistic, inclusive, sustainable and …

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TURKCELL ILETISIM HIZMETLERI A.S. : Turkcell Iletisim Hizmetleri Third …
www.4-traders.com

In order to ensure the sustainability of strong growth, we continue to invest in our superior network with TRY1.0 billion investment in the first nine months and provide solutions that will put Turkcell ahead of the competition through technology and …

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The Procter & Gamble Company (PG): The Procter & Gamble Company's …
seekingalpha.com

We're expecting a heightened level of competitive promotional spending, ahead of our product initiative's launch in early next calendar year, especially in North American fabric care and beauty. We expect to deliver another strong year of about 90 …

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Fomento Economico Mexicano SAB (ADR) (FMX): Fomento Económico …
seekingalpha.com

… decreased 8% and organically decreased 9%. Driven by the margin contraction caused by the devaluation of South American currencies and higher operating expenses, mainly labor and freight related across South America, and reflecting to a lesser …

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Unilever hit by sliding emerging market currencies
uk.reuters.com

AS) reported slower sales growth after demand for its consumer goods was hit by the devaluation of a handful of emerging market currencies and other factors such as rising onion prices in India. "This is a soft quarter without a shadow of a doubt …

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