'Currencies of countries with big current account deficits have already had some meaningful devaluation in 2013. While we still … It is higher than Europe, much higher than Japan and just behind the US so it is a competitive return without the …

Devaluation would give competitive boost. * But financial turmoil would increase financing risks. * Russian competitors fret about Ukrainian imports. * Barriers to entry to Russia-led Customs Union. By Alessandra Prentice and Douglas Busvine. MOSCOW …

Hence, if prices and wages get out of line in one country, devaluation can't fix the problem. The U.S. has lived with what has essentially been a single currency for a long time. Somehow we've learned that adjusting prices and wages to remain …

We find, in this context, the same ingredients that led to the deepening of the Great Depression of the thirties: competitive devaluation first, then trade wars and protectionism. There is a strange similarity between the Treasury view back then and …

Byles argued against those who claim that continued depreciation would increase competitiveness exponentially. He claimed that the ability of the private sector to respond and produce more for export is limited by the reality that much of what is …

But already enough to stall the growth of US housing starts, and to tip some developing countries with trade deficits into restrictive policies. Meanwhile, the eurozone's “recovery” has relapsed and Japan's competitive devaluation scoops demand out of …

On Nov 25, we reaffirmed our Underperform rating on leading fertilizer company Potash Corp. of Saskatchewan, Inc. ( POT ) following its lackluster third-quarter 2013 results. Our view reflects the weak price environment and a still challenging demand …

The world's largest automaker, Toyota Motors (NYSE:TM), has a two thronged approach to boost sales in emerging markets: 1) develop new cars catered to the needs of customers in emerging markets; and, 2) increase the local production in order to escape …

Inflation, which was 5-6% just prior to the devaluation, shot up to 14-16%. The second impact was a positive one. As imports reduced and domestic manufacturing became competitive on exports, the CAD came down to 0.5% of GDP in 1994 and 1995. In fact …