asterisk2a + exchange   12

​Sweet Brexit: what sugar tells us about Britain’s future outside the EU | Business | The Guardian
Not only has sugar beet been an unusually reliable source of income for 3,500 of Britain’s arable farmers, but its broad green leaves are an important rotational crop in between soil-sapping wheat. If they are forced to compete head-on with what the NFU regards as artificially subsidised cane sugar from producers places in places such as Brazil and Thailand, it fears the economics of an industry supporting 9,600 jobs will unravel. The NFU accuses many cane-producing countries of dumping exports at prices below their true cost of production because governments offer various complicated farm subsidies. But some of these claims, particularly in Brazil, are disputed.
Brexit  European  Union  Agriculture  subsidies  subsidizing  subsidising  Food–industrial  complex  £  Pound  British  Sterling  FX  Forex  foreign  exchange  Protectionism  WTO 
march 2017 by asterisk2a
Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row | Business | The Guardian
The brewer has also faced unexpected pressure from a surprisingly stiff increase in alcohol taxes in the budget earlier this month.

Philip Hammond raised beer duty in line with the retail price index measure of inflation, but used a forecast rate of 3.9%, rather than the current RPI level of 3.2%.

The higher-than-expected duty rise, coupled with increased costs for bottles, packaging and fuel because of the pound’s slump since the EU referendum, is understood to be behind the Heineken’s decision to ask for higher prices.
Brexit  inflation  British  Pound  Sterling  £  Forex  foreign  exchange  Dollar 
march 2017 by asterisk2a
Microsoft raises prices of some PCs by up to £400 due to Brexit | Technology | The Guardian
Microsoft has increased the price of its Surface and Surface Book computers in the UK by more than 15%, or £400 for some models, due to sterling’s drop in the value post-EU referendum.

The price increase comes in the wake of similar moves by Sonos and twice by Apple, which saw the cost of computers, speakers and apps rise by as much as 25% adjusting for the falling value of sterling against the dollar, in which Microsoft and other US technology firms do their accounting.
Brexit  British  Pound  £  foreign  exchange  FX  purchasing  power 
february 2017 by asterisk2a
Apple raises computer prices in UK - BBC News
Mr O'Brien said it was "inevitable" that more companies would increase the prices of products and services.
"Retailers are struggling with increased costs to import goods, and it's something they cannot afford to swallow themselves," he told the BBC.
"We will definitely see further price rises, so if people are in the market for big-ticket items such as laptops, it might be a wise idea to buy now rather than later."
Brexit  foreign  exchange  Forex  £  British  Pound  Sterling 
october 2016 by asterisk2a
Welcome to Poundland, where life is bliss if you’re a foreign buyer | Andrew Rawnsley | Opinion | The Guardian
The dramatic plunge in the value of sterling is an early indicator of the price to be paid for Brexit [...] Remainers who had warned that divorcing the EU would unleash severe economic shocks were left looking a bit foolish because those consequences did not materialise immediately. The Outers had a success during the referendum in persuading many voters to ignore the “so-called” experts on the other side and their cautions that there would be a steep bill to pay. [...] If making your currency cheaper was the route to riches, our streets ought to be encrusted with diamonds by now. [ it is in policy! ]
Sterling  British  Pound  FX  foreign  exchange  Brexit  inflation  CPI  RPI  Triple  Lock  Pension  Rail  Fares  working  poor  living  standard  wage  growth  devaluation 
october 2016 by asterisk2a
Sterling: A political animal | FT Markets - YouTube
fx vigilante. bond figilante. collective market doesnt like brexit. thus sells off. NO BUYING INTEREST! now £ is a political currency!!! // fall of £ is a painful solution to possible adjustment towards healthier economy. // E/£ parity by end of next year as we get concrete about exit with negotiations. this is uk prob not eu prob, brexit.
Brexit  foreign  exchange  FX  British  Pound  Sterling  FDI  direct  investment  current  account  deficit  currency  war  devaluation  budget  BOE  Mark  Carney  QE  ZIRP  NIRP  inflation  RPI  CPI  property  bubble  fiscal  monetary  policy  austerity  GDP 
october 2016 by asterisk2a
Brexit fallout: top brands pulled from Tescos as food prices set to rise by 5 percent - YouTube
Unilever is anglo-dutch and reports in euros thus fall in £ against euro is a profit/margin squeeze bc internally at unilever they did not protect themselves in FX market w options against eventual Brexit fallout! unilevers internal analysis was apparently for no vote. // & that manufacturing and exports flourish. you have to invest in industry. industry of the future 10 years down the road. which means FDI, internal business investment (rising business confidence uk wide and world wide for international uk businesses), and gov investment w long term plan 10-20 years. for the next gen. explicitly for the next gen. quasi for the 0-40 year olds.
FDI  foreign  direct  investment  British  Pound  £  Sterling  exchange  rate  Brexit  trustagent  business  confidence  consumer  inflation  RPI  CPI 
october 2016 by asterisk2a
20 Jahre deutsch-deutsche Währungsunion: "Das Ergebnis ist eine Katastrophe" - SPIEGEL ONLINE - Nachrichten - Wirtschaft
Most: Der Umtauschkurs von eins zu zwei - also eine D-Mark für zwei Ostmark - war falsch, er entsprach nicht der Realität der Wirtschaft. Das Problem waren gar nicht so sehr die Sparvermögen der Bürger in Höhe von 166 Milliarden Ostmark. Das wirkliche Übel bestand darin, dass die Unternehmen dadurch viel zu hoch bewertet waren: Ihre Produkte und der Kapitalstock waren nicht mehr wettbewerbsfähig, vor allem fielen ihre Schulden nun stärker ins Gewicht. Die meisten Betriebe waren über Nacht zahlungsunfähig und damit für die Bank nicht mehr kreditwürdig.

Most: Alle Kurse zusammen genommen vielleicht eins zu sieben. Auf dem Schwarzmarkt lag der Kurs nach dem Mauerfall sogar bei eins zu zehn. Eine realistische Bewertung hätte nicht gleich alle potentiellen Investoren abgeschreckt. Die Privatisierung wäre ganz anders verlaufen. So aber war die DDR-Wirtschaft mit der Einführung der D-Mark am 1. Juli 1990 wirklich pleite.
DDR  wirtschaft  economy  exchange  history  germany  berlinwall  politics  mistake  policy  1990  1991 
july 2010 by asterisk2a

Copy this bookmark:



description:


tags: