Tag: australian

January 9, 2014 0

Breathless in Antarctica Writes

By News Desk

Tweet As of today, both the Akademik Shokalskiy and the Xue Long are in open water SYDNEY, January 08, 13:56 /ITAR-TASS/. The Russian research ship Akademik Shokalsky has finally got out of the ice and reached open water, chief mate Nikolai Velichko told Itar-Tass on Wednesday

August 28, 2013 0

Currency Lessons: Think a Sinking Currency is Always Good For Manufacturers?

By News Desk

Here is a bit of reality: Currency collapse confounds India Inc Indian companies such as Whirlpool of India Ltd say they can’t plan more than a couple of months out as a fast-falling rupee currency drives up the cost of imports, forcing them to raise prices even as consumer spending crumbles. Companies that import finished goods or raw materials are the worst hit as they scramble to hold onto margins while balancing the need to raise prices without deterring buyers.