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

Asia Briefing: Debate over 'hard landing' goes on as GDP slump continues
www.irishtimes.com

“China is beginning to see the effects of both slow US growth and euro zone recession, compounded by its own overvaluation and Japanese competition, with Abenomics chiefly predicated on competitive devaluation,” he said. Capital Economics chief …

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Lukashenko Bolsters Partnership with China
www.themoscowtimes.com

With the slow deterioration of the economy and the impending possibility of the country's second currency devaluation, Belarus has decided to partner up with China to stimulate its dwindling economy, a news report said Tuesday. The partnership between …

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The Mother of All Painted-In Corners
www.fxstreet.com

Australia and other Asian countries are just beginning to respond to Japan by lowering exchange rates and by other means, so the “easy” devaluation of the yen has already happened. The hard work is just starting, as other countries will increasingly …

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What's next for the special economic zones?
www.compasscayman.com

Free zone success in global markets hinges on their staying competitive. At early stages, pioneering free zone countries such as Taiwan offered five-year tax holidays to investors in export processing zones. Other countries extended the tax-free period …

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A 401k Player Brings Gold to the Fund Biz
www.mfwire.com

The company's mission is to provide investors with competitive returns, while reducing risk through the use of dynamic risk management, strategic diversification, and cutting-edge technology and support services. For more information … and interest …

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Time To Consider GM
seekingalpha.com

Due to a loss on Venezuelan currency devaluation, net income of General Motors depressed by $200 million in the first quarter of 2013. This hit was because Venezuela devalued its Bolivar currency. General Motor generates more than 60% of its revenue …

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Ingredion Incorporated, Q2 2013 Guidance/Update Call, Jul 15, 2013
seekingalpha.com

While we put together the second quarter guidance, the assumption is that we would have more pricing flexibility to handle the impact of inflation, currency devaluation and volume performance. April results were in line with this view. In June, when we …

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Can SA expect an influx of international tourists?
www.moneyweb.co.za

The depreciation of the rand could lure increasing numbers of foreign tourists to local shores in the coming summer months. But any theoretical increase in demand from overseas visitors due to a more “competitive currency” could in part be offset by …

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Iceland is the cheapest Nordic country
www.newsoficeland.com

The devaluation of the Icelandic króna makes Iceland more competitive in for example food prices. Alcohol is however much more expensive in Iceland than within the EU. The food basket is cheaper in Iceland than in the other Nordic countries, but it is …

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