Dr. Rick C. Ernst
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Competitive Devaluation

'If it weren't for holdouts, Argentina could issue debt at 8.5%'
www.buenosairesherald.com

Ask Brazilian companies if the real is competitive with the inflation they've been seeing, and the real has been pegged at 2.20 against the dollar for a very long time. Again … No country seeks out devaluation, because that generates poverty and …

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The return of the RMB rant
www.ecns.cn

China's currency, the renminbi, has been weakening in recent months, resurrecting familiar charges of manipulation, competitive devaluation, and beggar-thy-neighbor mercantilism. In mid-April, the US Treasury expressed "particularly serious concerns …

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Herbalife Comments on Pershing Square-Sponsored Advertisement
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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Gildan Activewear's CEO Discusses F2Q2014 Results – Earnings Call Transcript
seekingalpha.com

Printwear net selling prices were higher than the second quarter of last year due primarily to the non-recurrence of the $0.04 per share impact of a special distributor inventory devaluation last year. These positive factors were largely offset by the …

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Ukrainian crisis adds drag to Russia's economy
thechronicleherald.ca

Worries about the devaluation feeding through to consumer prices have prompted the central bank to yank up interest rates, from 5.5 per cent at the start of March to 7.5 per cent. The International Monetary Fund reckons that the Russian economy is in …

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Quaker Chemical Releases 1st Quarter 2014 Financial Results
insurancenewsnet.com

Our 11 percent growth in operating income and adjusted EBITDA is an indication that our business model and competitive positioning continue to serve us well. We experienced good growth in Europe and China , modest growth in North America and a decline …

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

Forward-looking statements may include in particular statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. BASF has based these forward …

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Avon Reports First-Quarter 2014 Results
online.wsj.com

At March 31, 2014, the SICAD II exchange rate was approximately 50 Bolivars to the U.S. dollar, as compared with the official exchange rate of 6.30 Bolivars to the U.S. dollar, that the Company used previously, which caused the recognition of a …

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Weaker rouble could entice more companies to set up shop in Russia
voiceofrussia.com

M.Video, the country's biggest consumer electronics retailer, saw its first-quarter sales rise 8%, keeping pace with growth in the previous quarter, and that's despite rouble devaluation. The company also managed to open a net … to set up shop in …

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