Dr. Rick C. Ernst
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Competitive Devaluation

We need development, not aid
www.news24.com

Emerging from a devastating Second World War characterised by mass unemployment, competitive currency devaluation and collapse of commodity prices in 1944 the world came together in Bretton Woods outside New Hampshire in what is now known as …

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If we want to recover our competitive edge in the world, we must first get the …
www.telegraph.co.uk

Prices actually fell after the 1931 devaluation – and inflation fell again in 1992 when we came out of the Exchange Rate Mechanism and the pound went down by nearly 20pc. Can we get the pound down? Look at what Japan is doing. Last autumn, there were …

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Delta Air Lines Management Discusses Q2 2013 Results – Earnings Call Transcript
seekingalpha.com

The yen devaluation and its impact on bookings negatively impacted the quarter's profit by a net $60 million, with an $85 million revenue impact net of hedges, partially offset by a $25 million benefit in expense. …. Certainly, that's improved …

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Mead Johnson Nutrition CO (MJN) Management Discusses Q2 2013 Results …
seekingalpha.com

Going forward, we expect continued depreciation of both countries' currencies to offset any benefit of such growth in the second half of 2013. My following ….. I shared a commitment to leveraging our smaller size and singular focus for competitive …

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BUSINESS IN BRIEF 26/7
english.vietnamnet.vn

HSBC Global Research explained in its report dated July 19 that inflationary pressures had elevated due to the recent fuel price hike, potential rise in public service costs and cost pressures caused by the recent dong devaluation. Fuel retail prices …

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Cameron International Corporation (CAM) Management Discusses Q2 2013 …
seekingalpha.com

We do continue to experience reduced order activity in North America process markets, which is mostly due to competitive pricing behavior that we have not participated in. Compression orders were essentially flat sequentially and slightly below year …

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Making progress, in our uniquely wacky way
www.inman.com

Any improvement in Japan is the beggar-thy-Asia result of yen devaluation. China's purchasing … A consensus is forming now: The provisions would be anti-competitive, expensive and supply-choking, and plenty of other regulation will do the job. In …

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UPDATE 2-Colgate-Palmolive lowers profit view as dollar gains
www.reuters.com

The higher dollar also increases production costs versus foreign rivals, making U.S. products less competitive in international markets. Colgate's rivals such as Procter & Gamble Co also have vast international businesses, including in Europe … The …

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ROCHE HLDG AG DIV RT (RHHVF.PK) CEO Discusses Q2 2013 Results …
seekingalpha.com

We are in the process for both competitive and intellectual property reasons looking at partnering opportunities for that outside the group. We won't move ahead with that, alone in side of Roche. … We don't see this is being as competitive as other …

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