Dr. Rick C. Ernst
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Competitive Devaluation

The ECB's Deflation Headache & Prayers
goldnews.bullionvault.com

Because after the British Pound stole a march on everyone else at the depths of the 2008-2009 crisis, competitive devaluation is failing. The more zero rates and QE fail to move the needle, the more central bankers will try to out-zero and out-print …

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Sane on the Seine
www.buenosairesherald.com

But the recent mega-mergers, especially in the telecommunications sector, have been so gigantic that they have created fears of monopolies which strangle competition and thus also innovation. … Trebling the money supply since CFK was inaugurated in …

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Waging Financial War
www.isn.ethz.ch

If it broke parity, and allowed the devaluation of its currency, Britain would not have the purchasing power or the foreign reserves to cover its food and energy imports. Additionally …. The competitive margins between markets are typically thin …

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Central bank urged to lower interest rates on business loans
english.vietnamnet.vn

interest rates, business loans, central bank. Dr. Luu Duc Hai, a senior researcher from the Ministry of Planning and Investment's Development Strategy Institute, pointed out that high interest rates on bank loans have made Vietnamese products less …

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Latin America's Great Economic Divide
www.businessweek.com

In the meantime, a 19 percent devaluation of the peso in January caused consumer prices to surge, further damping the economy—although it's helped stabilize international reserves. In Venezuela, which is still dealing with the legacy of the late Hugo …

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Teachers, Ringgold go public on contract
insurancenewsnet.com

Cristobel indicated that barriers to a contract include a district effort to exclude some teachers' family members from receiving health insurance, and an attempt to devalue the salary schedule. She wrote that both "would put our school district at a …

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Markets Live: Investors sour on banks
www.smh.com.au

If Chinese policy makers do choose to pursue a competitive devaluation to boost their export performance to offset a slowing economy, then they wouldn't be the first. It's an explicit policy of Japan to weaken the yen, while the US Fed has undermined …

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ECB's Efforts to Devalue Euro and Combat Inflation May Affect Other Coutries
www.profi-forex.us

A weaker common currency is expected to make European products more competitive, thereby promoting the growth of import prices and decreasing the risk of deflation. Such a scenario was successfully implemented by the Bank of Japan, which devalued …

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Ukraine International Airlines to cut fleet by 25% but network expansion continues
centreforaviation.com

The early 2013 demise of AeroSvit left UIA as the only major Ukrainian carrier and UIA is now benefitting as much smaller and weaker competitors suspend or reduce operations. UIA passenger traffic grew by over 60% in 2013 as it rapidly expanded …

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