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Competitive Devaluation

Fitch negative on Anton's outlook
www.scmp.com

"While we expect the order flow to independent oilfield services providers to improve in the coming months, we believe [Anton] will have to deal with trends of higher competition, lower margins and higher accounts receivable days that are likely to …

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European sanctions complement military aggression against Russia
www.wsws.org

However, the chronological sequence of price increases shows that they are primarily a result of economic sanctions by the West and the geopolitical tensions in Ukraine, which have led to a significant devaluation of the ruble. The ban on food product …

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Wage stagnation
www.economist.com

The crisis-hit countries of the euro area, meanwhile, needed to lower labour costs to reverse their loss of competitiveness relative to their northern neighbours (the currency union makes the more common form of adjustment, a devaluation, impossible …

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Different Positions about the Federal Reserve's Policies
www.fxstreet.com

The cycle is still stuck in the competitive devaluation of currencies segment. We have used this chart many times in these comments that show the effect of over indebtedness just like the U.S. in 1929 and Japan in 1989. We wrote the “special report …

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Seeing the light: New coverage for trapped miners
www.lloyds.com

“While the genesis of the idea was the rescue of individuals, reputational risk is equally important for the insured,” says Argo's Head of Casualty Paul Kneafsey, noting that reputational damage can lead to costly share price devaluation and loss of …

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Rebuilding the UK industrial base
www.policy-network.net

The best evidence of the structural weakness of the UK national industrial system is given by the missed manufacturing export boom after 2008, despite a 30-35% devaluation of sterling. The UK industrial sector did not witness a significant … Many of …

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A long journey ahead for Myanmar's foreign exchange market reform
www.eastasiaforum.org

Thus, the devaluation of the official rate was mostly relevant to the state sector in order to clarify its financial position, which is indispensable for better public finance management. In the private sector, the abolition of the official peg had …

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Eurogroup head Dijsselbloem says Eurozone revovery is fragile and uneven
www.forexlive.com

Mike Paterson has more than 30 years of experience trading FX including as a senior trader with UBS and Credit Suisse. He was also head of FX at the State Bank of Victoria. With sizeable daily trading volumes Mike carved out a name in the market …

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After Socialist Party government reshuffle, neo-fascists offer to rule France
www.wsws.org

She laid out a strategy of competitive devaluation of France's currency, implicitly requiring France to abandon the euro currency and the EU, in order to pursue class war against the workers at home and trade war internationally—above all, against …

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