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Devaluation
Devaluation
Devaluation
Devaluation
Devaluation

The following information is about Devaluation.

Devaluation Defined

A reduction in the official fixed rate at which one currency exchanges for another under a fixed-rate regime, usually to correct a balance of payments deficit.

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The Financial Crisis Deepens in Russia

Published December 5, 2008, 3:01 am, BusinessWeek

No description is available for this news story.

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The Crisis

Published December 4, 2008, 2:00 pm, The Moscow Times

: Raising Oil Output Still State's Goal Anyone who thinks that oil and wealth automatically go hand in hand obviously hasnt been paying attention to export revenues in recent months.

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UBS Adapting Business Model for Tough Times

Published December 4, 2008, 1:56 pm, The Moscow Times

05 December 2008 By Maria Levina / Special to The Moscow Times A string of negative events recently shook the reputation of UBS, the world's largest manager of other people's money, but the bank says it will stay close to Russia, refocusing its business here toward advisory and restructuring work.

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Slicing up Sun

Published December 4, 2008, 11:28 am, Linux Today

Tech Broiler: "One of those companies that has been front and center in the middle of this crisis is Sun Microsystems, which incurred massive losses last quarter, just cut 6000 jobs, and has been steadily hemorrhaging money for years, particularly in their enterprise server business."

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Europeans make big rate cuts

Published December 4, 2008, 11:02 am, Stuff

The European Central Bank, Britain and Sweden all made big cuts in interest rates overnight to shore up economies across Europe in the face of ever-bleaker financial news.

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Putin Pledges Increased Aid as Russian Slump Deepens (Update2)

Published December 4, 2008, 10:15 am, Bloomberg

Dec. 4 (Bloomberg) -- Russian Prime Minister Vladimir Putin pledged increased state aid and direct government investment in troubled companies as an economic slump deepens.

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Challenging times for GKC

Published December 4, 2008, 8:37 am, Trinidad Express

Jamaican conglomerate, GraceKennedy Limited (GKC), in its recently released third quarter financials reported weak results. For the period ended September 30 2008, the Group reported a relatively flat year on year diluted EPS of J$5.06, compared to J$5.09 at the close of September 2007.

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Europeans make big rate cuts to fight recession

Published December 4, 2008, 7:42 am, The Globe and Mail

LONDON (Reuters) - The European Central Bank, Britain and Sweden all made big cuts in interest rates on Thursday to shore up economies across Europe in the face of ever-bleaker financial news.

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Latvia Government Official: Some IMF Reps Suggest Devaluation

Published December 4, 2008, 7:00 am, The Forex Market

Some International Monetary Fund representatives have unofficially suggested Latvia should devalue its currency, Latvian Finance Minister Atis Slakteris said Thursday, Finance Ministry communications head Diana Berzina confirmed.

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Gold Unmoved by Historic Rate-Cuts in Europe; "Currency Debasement & Inflation" to Follow Competitive Devaluations

Published December 4, 2008, 6:44 am, GoldSeek.com

THE SPOT PRICE OF GOLD Gold Prices held in a tight $10 range in Asia and London on Thursday, unmoved by historic interest-rate cuts across Europe that buoyed French and German equities as returns-to-cash sank.

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Off-site Devaluation Links, User Submitted

The following links have been collected through user bookmark submission in the Devaluation category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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  • Porn creep - Wikipedia, the free encyclopedia: * Brazilian waxing among young Western women, to remove most or all pubic hair. This is a now a mainstream fashion, with a cultural precursor in porn. * The spread of porn-influence d cosmetic surgery procedures, such as breast implants and labiaplasty. * The spread of oral sex in the West, as opposed to its rarer use within Western sexual history. * The practice of couples recording their sexual experiences via their mobile phones, especially among young adults. * The appearance of pornstars in mainstream music videos, TV shows and advertising. * Frequent reference and jokes relating to porn in TV shows, films and stand-up comedy routines.
  • proletarian drift (proh.luh.TAYR .ee.un drift): "Everythi ng in the modern world drifts prole-ward all the time. Even the better classes have to wait in long lines, the quality of food degenerates, airline seating grows more cramped. In another 100 years, there will be no visible difference between the Soviet Union and the United States."

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  • The IMF Trap | Teeth Maestro: Guest post by A.H.Kalwar of Pakistion Blog Russia is the largest borrower from the International Monetary Fund (IMF). The initial objective and promises by

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If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Devaluation. If you would like to find related tags we recommend Tag Patterns > Devaluation

Off-site Devaluation Research Links

If you still need additional information on Devaluation then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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