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Competitive Devaluation

General Mills Reports Fiscal 2013 Results
www.marketwatch.com

International segment operating profit grew 14 percent to $490 million including a 10 percent increase in advertising and media expense, as well as the negative effects of Venezuelan currency devaluation. … In particular, our predictions about future …

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Ambrose Evans-Pritchard: 'Italy Could Need EU Rescue Within Six Months'
www.benzinga.com

The large debt load combined with Italy's inability to devalue itself back to competitiveness via an external devaluation (devalue the currency) means that the debt load cannot be inflated away, like it was in 1992. Rather, the government needs to …

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How to Kick-Start a Global Recovery
online.wsj.com

… thereby increasing demand for a country's exports. The euro-zone states clearly do not have this option. And any attempt at currency devaluation in Europe, Japan or the U.S. could trigger competitive devaluations, as we have already seen in recent …

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Abenomics and the Japanese Economy
www.cfr.org

The effects of Abe's policies will have a long-standing impact in the international arena, especially as the world's export-led economies like Germany and China begin sounding off warnings about a currency war–otherwise known as competitive …

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G-20 to Consider Monetary Tapering
online.wsj.com

This change in focus would mark a major shift in international discussions on monetary policy, which until recently had centered around the negative repercussions of easy money and worries over a global war of competitive currency devaluations. Enlarge …

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Fixing current account deficit requires long term solution
www.moneycontrol.com

Many leading countries have resorted to exchange rate manipulation citing which India could also seek concessions from WTO requirements in certain cases domestic inflationary consequences restrain us from competitive devaluation. Besides, we actively …

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SGL CARBON SE : 06-27-2013 Ad hoc: SGL Carbon SE: Adjustment of full year …
www.4-traders.com

Additionally, in particular over the last weeks, competitive pressure from Asia has significantly increased, intensified by the devaluation of the Japanese Yen. Consequently, the anticipated business recovery will not occur either in the second quarter …

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Ireland plunges into recession despite progress paying bailout
www.cityam.com

The idea is that the economy needs to go through an internal devaluation, becoming more competitive versus its rivals, so growth can take hold again once more. But slow growth may spoil the country's return to financing itself in international debt …

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Rise of economic nationalism is threat to global prosperity
www.frasercoastchronicle.com.au

Multilateral trade agreements are giving way to bilateral deals motivated by protection of national industries and iconic businesses, finding markets for exports and maintaining employment, incomes and competitive advantage. Second, subsidies …

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