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Competitive Devaluation

British investors bet on Japan's recovery plan – poll
www.guardian.co.uk

Some say Japan's efforts to weaken the yen will hurt other Asian markets and could spark competitive devaluation elsewhere. "Beware currency wars," said Lee Robertson, chief executive of Investment Quorum. Average equity exposure in British asset …

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House Energy and Commerce Subcommittee on Commerce, Manufacturing, and …
www.menafn.com

Severe reductions in tariffs and controls on imports. An Indian computer services firm that once had to wait years to import a computer could buy the electronics, hardware and software it needed at competitive prices; . Devaluation of India's currency …

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BlackBerry shares fall sharply after smartphone maker posts shock loss
www.guardian.co.uk

… currency devaluation in Venezuela, which held back payments from BlackBerry subscribers in the country, and slashed $72m from service revenues. In its first-quarter results statement, the company said: "The smartphone market remains highly …

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SNB's Danthine: Franc rise was an insurmountable economic hurdle
www.forexfactory.com

Comments from SNB vice president Danthine at an event in Montreal: CHF policy wasn't a competitive devaluation Translation: it was a competitive devaluation Update: Swiss franc remains strong, posing a challenge Franc cap is an indispensable part of …

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Competitive exporters can be even more competitive in EU
dalje.com

"Due to delays in internal devaluation, to reduce an overly expensive gross-net salary ratio, to rationalise generous collection agreements in the public sector and to adjust energy prices to EU standards, pressure is continuing on competitiveness …

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Prestowitz: Real Money
prestowitz.foreignpolicy.com

That the dollar remains the dominant global reserve currency despite its devaluation over the years is mainly because there is as yet no credible alternative. For a while it looked as if the Euro might challenge, and indeed, even in the wake of the …

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SGL Drops Most in 10 Weeks on Profit Target Cut : Frankfurt Mover
www.bloomberg.com

“Over the last weeks, competitive pressure from Asia has significantly increased, intensified by the devaluation of the Japanese Yen,” SGL said in the statement. “Consequently, the anticipated business recovery will not occur either in the second …

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IMF and government split over measures to overcome crippling economic …
belarusinfocus.info

Increase in real wages in Belarus by 35.2% in 2012 (December to December 2011) resulted in Belarusian economy losing its competitive advantage. Producer's industrial production price index in March 2013 was 288.9%, which is higher than the USD / BYR …

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Car industry fight
www.smh.com.au

Holden was going through ''pretty tough times'', Mr Smith said, because the high Australian dollar and the devaluation of the yen by the Japanese government, and Australia's very low tariffs on imported vehicles had made locally made cars less competitive.

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