Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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Crunch Time – by Michael Pettis
www.foreignpolicy.com

Any additional adverse trade conditions will further jeopardize the stability of China's economy, especially as lower trade surpluses and decreased foreign investment slow money creation by China's central bank. A trade war would clearly be devastating …

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Growth is not an Option but a Moral Requirement
forbesindia.com

America has averaged 3 percent growth since World War II, but during those 68 years we have suffered 11 recessions, including the 2007–09 whopper. When the country isn't in recession, 4 percent annual growth is quite normal. Too many economists and …

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Tokyo's Nikkei stock index closes 3.51% higher
www.globalpost.com

Yen trading and the Nikkei's movements are closely interlinked as the currency's value impacts the profitability of firms shipping their goods overseas. The dollar was at 98.74 yen, compared with 98.43 yen in New York late Thursday and well …

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Emerging markets outlook 2013: more bulls than bears
www.emergingmarkets.org

However, the “currency war” theme will come back, becoming dominant in Latin America and partially offsetting the positive impact of ample liquidity and better growth prospects, they warned. Argentina and Venezuela “look set for hard landings …

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The EU opens its doors to Croatia
www.bbc.co.uk

Twenty years after the wars that devastated the western Balkans in the 1990s, Croatia is preparing to become the 28th member state of the European Union. On 1 July, the ex-Yugoslav nation will join the bloc, over 10 years after it first applied for EU …

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Somalia may get new currency
www.mareeg.com

At a meeting held in Nairobi, Kenya, replacement of the Somali shilling for another currency was considered a possible measure to establish a new macroeconomic policy for Somalia, which lived a state of civil war between 1991 and 2012 and only returned …

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Afghanistan Reconstruction Inspector General Report Warns Of Major Waste In …
www.huffingtonpost.com

<em>An Iraqi man counts money behind a pile of American dollars in his currency exchange bureau in Baghdad on April 11, 2012. (ALI AL-SAADI/AFP/Getty Images)</em><br><br> Cost of the war: $443 billion from fiscal year 2001 through fiscal year 2011, …

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IMF and government split over measures to overcome crippling economic …
belarusinfocus.info

Increase in real wages in Belarus by 35.2% in 2012 (December to December 2011) resulted in Belarusian economy losing its competitive advantage. Producer's industrial production price index in March 2013 was 288.9%, which is higher than the USD / BYR …

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Consumer Staples Stock Outlook – June 2013 – Industry Outlook
www.nasdaq.com

With market saturation, low disposable income of consumers, uncertain macroeconomic conditions and increased competitive activity in developed markets, these companies are diverting their resources to explore emerging markets. Though …. Though …

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