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

Why Germany Won't Be a Dominant Power in Western Europe
www.ozy.com

Thus, Germany enjoyed a long period of so-called internal devaluation that made it competitive. Going forward, this has to stop. Italy, Spain and others need to regain price competitiveness if the euro is to survive. Any German attempt to counter …

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'Loan-to-Own' Strategy May Lead to Limitation on Credit-Bidding
www.thelegalintelligencer.com

For example, courts may deny or limit a secured creditor's right to credit bid in order to ensure the success of a reorganization, to foster a competitive bidding environment, or for any other policy advanced by the Bankruptcy Code. In Free Lance-Star …

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Is the IMF a necessary evil?
jamaica-gleaner.com

Under the recovery programme, the Jamaican dollar had become virtually competitive. But the IMF still wanted a small devaluation to cover the remaining 2.5% gap to achieve full competitiveness. As prime minister, I disagreed because of the negative …

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The Labour Market Is Europe's Achilles Heel
www.economy.com

For Italy and France, internal devaluation would be a first step to healthy future growth. Labour markets contribute differently to recovery at different stages of the business cycle. Slower wage growth in services will drag on c… Already a …

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Recent Study: Travel and Tourism in Argentina
www.usprwire.com

This significant devaluation, made without an integral plan to tidy the country's economy, means that industry players expect that high inflation (far above 30% expected in 2014 according to private consultant firms) will erase any devaluation benefits …

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Currencies Back on Agenda as G-20 Monetary Policies Split
www.bloomberg.com

After finance ministers and central bank chiefs met in Moscow in July 2013, they pledged: “We will refrain from competitive devaluation and will not target our exchange rates for competitive purposes.” Lew yesterday revisited language from that communique.

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STATE COURT CASES
www.njlawjournal.com

R. Evid. 702. The expert testified that the methodology he used to determine the devaluation of the motor home was his own and was not peer reviewed or even tested so he did not know its rate of error, and there was no generally accepted methodology …

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RusVinyl worldscale PVC plant opens in western Russia
www.icis.com

It will help Russia to dramatically reduce imports.” The Russian PVC market shrank by 4% year on year in 2013 and for 2014 Sibur forecasts contraction of 5% due to decreased construction activity, weaker infrastructure investment and the devaluation of …

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Fitch Affirms Carlsberg Breweries A/S at 'BBB'; Outlook Stable
www.reuters.com

This worse-than-expected performance is partly due to rising costs for Russian consumers and rouble devaluation as the Ukraine crisis takes its toll on the economy. … RATING SENSITIVITIES Positive: Future developments that could lead to positive …

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