In the Kitco News Gold Survey, out of 33 participants, 23 responded this week. Twelve see prices up, while five see prices down and six see prices trading sideways or are neutral. Market participants include bullion dealers, investment banks, futures …
New York/London: Gold rose 1.5 percent on Friday, cementing a third consecutive weekly gain, after disappointing U.S. jobs data stirred speculation the Federal Reserve will take a gradual approach to tapering its bond-buying stimulus this year. The …
Meanwhile, the company claims that the increase in per-unit price has not helped them improve profitability, blaming rupee devaluation, energy crisis, and inflation as offsetting any profits there were to make. ”One of the main hurdles for us is how to …
Consumer price inflation will increase from an estimated 15.0% year-on-year (y-o-y) at end-2013 to 18.0% y-o-y by end-2014 on the back of continued depreciation of the Belarusian ruble, exacerbated by a negative trade balance. This will result in …
Economy Minister Luis de Guindos made it clear the target was the impoverishment of the working class, declaring, “The [current] gain in competitiveness has been obtained not through currency devaluation but through internal devaluation, through a …
“The competitive devaluation model, which has been adopted by other central banks globally – Canada can now be added to the list.” The loonie depreciated 0.9 percent to C$1.0750 per U.S. dollar at 1:57 p.m. in Toronto. It reached C$1.0762, the weakest …
To some observers, the currency's recent sharp decline suggests the Bank of Canada is stealthily engineering devaluation – a gift to beleaguered manufacturers, exporters and domestic tourist operators, and a tonic for an economy suddenly grappling with …
Its service is centered on the beautification of residential and commercial customers in middle-class and affluent neighborhoods and communities. Spring-Green is an attractive opportunity for entrepreneurs and existing green industry business owners …
Finally, it is chopped into pellets to be made into different products. Workers sorting and … A few in the slum manage to escape the cycle and build a more affluent future for themselves, but most are keen to stay in the deprived area they so proudly …