Dr. Rick C. Ernst
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Competitive Devaluation

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

Middle East investment is expected to continue as they look to capture more the value in downstream products, although it remains the most competitive market. And while political and financial instability in Latin America pose …. Below the line …

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Europe's blue-chips warn on euro strength
www.cnbc.com

Imports from the region become increasingly more expensive for emerging market consumers and therefore become less competitive. The anguish felt comes at a time of currency devaluation around the world after the global financial crash of 2008. The U.S. …

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Four headwinds in South Africa's struggle to boost exports
blogs.ft.com

One of the few silver linings for countries that suffer a devaluation of their currency is that their exports can become more competitive. South Africa – like other members of the so-called “fragile five” (Brazil, India, Indonesia and Turkey) – clung …

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Massive recall expenses slash General Motors' first-quarter profit
www.latimes.com

GM's first-quarter earnings were also hurt by a $400-million adjustment for the devaluation of currency in Venezuela. The switch issue has prompted congressional hearings and probes by the … “The automaker has made exceptional progress since the …

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

We are seeing softer demand due to more challenging macroeconomic conditions as manufacturing customers in Canada are less competitive than the United States and Mexico. … It's impossible to eliminate all risks but some of the proactive approaches we …

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Australia is swaggering, unarmed, in the global currency war
www.crikey.com.au

In short, we're traversing an echo period of competitive monetary devaluation in which the US dollar is held down, commodity-intensive emerging markets are seen as the growth driver and real assets are seen as value protection. This is putting upwards …

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Unilever share price: Currency woes weigh on Q1 sales
invezz.com

However, the growth rate was lower than that achieved in prior quarters due to currency devaluation in many developing countries that caused inflationary pressures, which in turn weighed on demand. In developed markets, North America had a slow start …

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Delta Air Lines Announces March Quarter Profit
online.wsj.com

… 49% ownership stake in Virgin Atlantic, an $18 million loss on extinguishment of debt driven by Delta's debt reduction initiatives, and $39 million higher foreign exchange impact, including a $23 million loss associated with the devaluation of the …

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Australia is swaggering, unarmed, in the global currency war David Llewellyn …
www.crikey.com.au

In short, we're traversing an echo period of competitive monetary devaluation in which the US dollar is held down, commodity-intensive emerging markets are seen as the growth driver and real assets are seen as value protection. This is putting upwards …

2,653
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