Tag: government

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.

August 25, 2013 0

Diversion from Down Under

By News Desk

Diversion from Down Under Posted by Michael Shedlock at 9:01 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

August 24, 2013 0

The Fall of the House of Bo

By News Desk

To prick the sides of my intent, but only Vaulting ambition, which overleaps itself And falls on the other. – Macbeth by William Shakespeare China does Macbeth. With a slight Hollywood tweak.