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Competitive Devaluation

Barrick Reports First Quarter 2014 Results
www.marketwatch.com

(3) Represents equity depreciation expense divided by equity pounds of copper sold. (4) For a breakdown, see reconciliation of cost of sales to C1 cash costs and C3 fully allocated costs per pound in the Non-GAAP Financial Performance Measures section …

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Hospitality Leaders Say GCC Region a Bright Spot in the Global Economy …
www.hospitalitynet.org

Suddenly emerging Asia is slowing, Latin America is almost a replica of emerging Asia, and Brazil is down since the devaluation, so if you are a global CEO you don't have too many places driving growth other than sub-Saharan Africa and the Middle East …

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LatamWatch: Brazil Markets Likely to React to Latest Poll
mninews.deutsche-boerse.com

BUENOS AIRES, MEXICO CITY AND SAO PAULO (MNI) – Brazil's markets are likely to react to a poll released over the weekend, which confirmed the October presidential elections likely will be competitive. The stock market boomed and the currency …

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Whiter prices?
www.buenosairesherald.com

While the Price Watch programme (which seems to be giving the supermarkets participating an unplanned competitive edge, as well as helping the consumer) is definitely a factor, there can be no doubt that slow growth hovering on the brink of recession …

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New Market Report Now Available: Argentina Business Forecast Report Q2 2014
www.digitaljournal.com

The January 23 currency devaluation and subsequent collapse in consumer sentiment underpin our view that real growth this year will slow to 2.2%, with risks to the downside. We believe that Argentina's balance of payments position remains precarious at …

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Time to tackle infrastructure and labour issues
www.thehindubusinessline.com

However, due to the intense competitive pressures and due to the tremendous value-for-money orientation of Indian consumers, wage increases must be at least compensated by productivity improvements. Especially in economically … Assuming a cost …

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Avon Products Management Discusses Q1 2014 Results – Earnings Call Transcript
seekingalpha.com

I was recently in Mexico, and it is very clear that it is a highly competitive beauty market with heavy discounting, particularly at retail. We have made progress …. This rate represents the recognition of a devaluation of approximately 88%. We …

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China says trusts will be allowed to fail
www.macrobusiness.com.au

China's central bank said Tuesday that certain high-risk financial products should be allowed to fail and fast-growing Internet banking products need tighter supervision as part of reforms to foster a more competitive, efficient financial system …

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Bally Technologies Management Discusses Q3 2014 Results – Earnings Call …
seekingalpha.com

As anticipated, and largely as a result of currency devaluation in Argentina, both adjusted earnings per share and GAAP diluted earnings per share included a $0.05 loss related to negative foreign currency movements during the quarter. …. to see the …

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