Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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Ukraine Food & Drink Report Q3 2013 – New Study Released
www.usprwire.com

We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by the end of the year.Additionally, Ukraine's GDP per capita is expected to remain one of the lowest in Europe over the decade ahead. Without …

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Greek consumer prices continue to fall
www.ekathimerini.com

A deep recession, wage cuts and ample spare capacity combine to exert downward pressure on prices, setting in motion an internal devaluation process that could render the country's economy more competitive. But Greece's EU/IMF lenders said that prices …

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What's next for the Dollar and Currencies?
news.goldseek.com

In the currency market, it's reflected in the fact that the administration didn't engage in competitive devaluation this year. Instead, the Renminbi has exhibited impressive strength and stability, in particular compared to the Japanese yen. Year-to …

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The Effects Of Currency Fluctuations On The Economy
www.investopedia.com

The depreciation in your domestic currency is the primary reason why your export business has remained competitive in international markets. Conversely, a significantly stronger currency can reduce export competitiveness and make imports cheaper, which …

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Forget Bill Ackman, There's Good Value In Herbalife
www.forbes.com

Herbalife is a very profitable company with significant long-term competitive advantages that not only position the company to continue to create shareholder value but also to be very attractive as a potential acquisition target for large health …

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Brazil Faces Rare Trade Deficit, Record Current Account Gap
blogs.wsj.com

Brazil is hurtling toward a record current account deficit this year that could add fuel to an already pronounced foreign exchange depreciation. The country's 12-month current account deficit, representing all of the country's U.S.-dollar transactions …

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Can Shinzo Abe Make Japan a Superpower Again?
www.policymic.com

Experts at the World Bank warn that without structural reform, Abe's economic plan will only be “competitive devaluation” that does not remove current barriers to competition and investment. If Abe is to achieve structural reform and revive Japan's …

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Sony rejects American billionaires' proposal to break up the company
rt.com

One of Sony's biggest shareholders, Daniel Loeb, is 'disappointed' but not surprised that Sony rejected his proposal to sell part of its entertainment business through a public offering. Sony's board of directors 'unanimously' dismissed Loeb's proposal …

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Chinese Billionaires Clash as Alibaba, Tencent Duel
www.businessweek.com

Jack Ma's Alibaba Group Holding Ltd., the country's largest e-commerce company, on Aug. 1 said it blocked Tencent Holdings Ltd. (700)'s WeChat to sellers. Four days later, billionaire Pony Ma's Tencent introduced online payment features to mainland …

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