Dr. Rick C. Ernst
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Competitive Devaluation

Fitch Affirms Usiminas' IDRs 'BB+'; Outlook Revised to Stable from Negative
www.marketwatch.com

Fitch projects Usiminas will achieve total adjusted debt-to-EBITDA and net adjusted debt-to-EBITDA ratios of 3.0x and 1.4x in 2014 with steel imports expected at normalized historical levels due to the continued devaluation of the Brazilian Real, and …

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Holness says JLP preparing to hit the road
www.jamaicaobserver.com

Holness said that the competitive and progressive attitude of the country is that it is an open society, where hard work and talent is rewarded. It is on that basis that self-improvement was achieved, so that each generation could expect to do better …

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A Case Against African Sovereign Bonds: Is A Credit Bubble Forming Across …
afkinsider.com

Taking into consideration the currency devaluation factor due to high inflationary pressures in most African countries, the competitive coupon rates may not be what they potent to be. A closer look at the local debt yields most likely points a …

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General Motors' CEO Discusses Q1 2014 Results – Earnings Call Transcript
seekingalpha.com

As we advised in our March sales filing with the SEC we had a $400 million charge associated with the devaluation of the Venezuela and Boulevard in the first quarter of 2014 and a $200 million charge in the prior year's first quarter? This charge had a …

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AbbVie Reports First-Quarter 2014 Financial Results
online.wsj.com

Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie's operations is set forth in Item 1A, "Risk Factors," in AbbVie's 2013 Annual Report on Form 10-K, which has been filed with …

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Maksat Ishenbayev: There is no need to devaluate currency if competitive …
www.eng.24.kg

"There is no need to devaluate currency if there is no competitive export," the former Deputy Chairman of the National Bank of the KR Maksat Ishenbayev said at the session of the club of private investors. According to him, devaluation of currency is …

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Ford not expected to match last year's quarterly earnings
www.detroitnews.com

Full-year profits in Asia-Pacific will be similar to 2013's total — $415 million in the black — because of production constraints, a more competitive pricing environment and costs associated with six new regional plants that are still under …

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Ford profits fall on increased North American costs
www.detroitnews.com

It now says profits will be higher than 2013's total — $415 million in the black — despite production constraints, a more competitive pricing environment and costs associated with six new regional plants that are still under construction. In South …

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Turkcell Iletisim Hizmetleri: First Quarter 2014 Results
online.wsj.com

Meanwhile, EBIT increased by 9% to TRY488 million, while net income, adversely impacted by devaluation in Ukraine, realized at TRY359 million. Turkcell's mobile business revenues in Turkey, negatively affected … Following the ICTA decision on a …

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