Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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4 things traders should know for the next 24 hours
blogs.marketwatch.com

In the past, G8 leaders have made comments about “refraining from competitive devaluation of currencies.” Meanwhile, oil prices have been climbing on the rising tensions in Syria, but some analysts have suggested that rally could end because G8 leaders …

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Zain Reshapes Strategy to Boost Revenue, Profitability Focus on Several Key …
news.sudanvisiondaily.com

Zain noted that the devaluation of the Sudanese pound against the dollar, by 53 per cent in the 12 months to end-March, predominantly reduced group revenue by US$179 million, EBITDA by US$76 million, and net profit by US$44 million. … Revenues in …

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Forex Focus: Guessing game over Fed's next move
www.telegraph.co.uk

"The other problem they will encounter is the accusation, especially by trade partners, that they are indulging in 'competitive devaluation' of their currency." The name of the game is trying to second guess what central banks will do. In the UK this …

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Six insane market set-ups
blogs.marketwatch.com

The dollar and the currency wars — Here's a pretty good explanation of currency war from Wikipedia – “Currency war, also known as competitive devaluation, is a condition in international affairs where countries compete against each other to achieve a …

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Kudos and caution for Mr. Abe
www.japantimes.co.jp

During the summit, the fear was expressed that the fall in the value of the yen caused by Mr. Abe's economic policy might trigger a competitive round of currency devaluation. Exports account for only about 15 percent of Japan's gross domestic product.

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A Social Dimension For A Changing Europe: Drifting From The Primary Dividing …
www.social-europe.eu

To re-establish the competitiveness-price within the euro zone, the Commission is recommending a strategy for countries in difficulties consisting of 'internal devaluation[7]', which means blocking nominal salaries, or even reducing them somewhat, as …

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Peter Jones: Money union plan takes a pounding
www.scotsman.com

One standard economic tool for reducing such negative impacts is to manage a currency devaluation, making exports more competitive and thereby producing compensating increases in jobs and taxes. But Prof MacDonald's point is that if Scotland is in a …

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Ambrose Evans-Pritchard: 'Italy Could Need EU Rescue Within Six Months'
www.benzinga.com

The large debt load combined with Italy's inability to devalue itself back to competitiveness via an external devaluation (devalue the currency) means that the debt load cannot be inflated away, like it was in 1992. Rather, the government needs to …

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General Mills Reports Fiscal 2013 Results
www.marketwatch.com

International segment operating profit grew 14 percent to $490 million including a 10 percent increase in advertising and media expense, as well as the negative effects of Venezuelan currency devaluation. … In particular, our predictions about future …

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