Dr. Rick C. Ernst
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Competitive Devaluation

Kirchnerites, UIA clash over cuts
www.buenosairesherald.com

Giorgi was swift to retort on Nacional radio yesterday, arguing that subsidies are “one of the factors that make industry competitive” and thus effectively untouchable. “The amount of subsidies that reach Argentine families for them to pay their …

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Fitch Affirms Three CIS Leasing Companies
in.reuters.com

Funding costs are likely to increase by about 150bp-200bp in 2014 in line with banking sector trends, so the companies would try to pass this increase on to their clients to preserve profitability, which may be challenging given the increasing …

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Potash Corp: A Balanced View
www.zacks.com

Potash Corp., a Zacks Rank #3 (Hold) stock, has a competitive advantage stemming from its mining rights to the world's largest potash reserve. The company has a strong geographic diversification and continues to invest in expanding its operational …

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Herbalife Comments on Supportive Ruling by United States Court of Appeals for …
online.wsj.com

… the competitive nature of our business; — regulatory matters governing our products, including potential governmental or regulatory actions concerning the safety or efficacy of our products and network marketing program, including the direct …

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Crown contagion
ftalphaville.ft.com

Global banking crisis, then global recession, then competitive devaluation and rise of nationalist sentiment, then borders get redrawn in Eastern Europe, then royal abdication. Time to go long on defence shares, sand bags, and tinned spam… Report …

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Greece is back from the brink — but pressure must be kept up
www.globalcapital.com

“It has done a great job in terms of internal devaluation which has played an important role in helping to address its massive imbalances on the fiscal and current account deficit side.” Others agree that Greece should be given credit for the progress …

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Ternium's (TX) CEO Daniel Novegil Hosts Investor Day 2014 (Transcript) (TX)
seekingalpha.com

Then let's take a look at where we are standing in our positioning in the competitive arena and analyze the steel market where we stand and where we expect to be and the main changes that we foresee in the market in the time to come. Well, let's start …

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Rhetoric of Colombian Currency
www.huffingtonpost.com

This devaluation creates beneficial conditions for Colombian exports and leads to a more competitive local market. Most productive sectors in the economy demand from the government the sustainability of a favorable exchange rate, and when this isn't …

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New Market Research Report: Cyprus Business Forecast Report Q3 2014
www.digitaljournal.com

… the worst of its brutal recession. Nonetheless, we do not forecast annual economic expansion until 2016, as credit growth remains impaired, public austerity deepens, and the internal devaluation process keeps a lid on nominal and real wages. View …

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