Uptake of medicines in the short-term is further risked by currency depreciation and hyperinflation of local medicine prices. We believe the medicines market will contract in 2013, … Forecast broadly in line with previous quarter following confirmed …

Their countries would then become victims of a competitive devaluation that they themselves had induced. The debt ceiling apart, the real problem for bond holders now is simply that central bank unconventional measures have pushed prices to levels that …

This easing should result in a lower regulatory charge for Bharti and together with an industry-wide reduction in competitive pressures should help to contribute to ongoing improvements in cash flow generation. Bharti's financial metrics are recovering …

Now the yen is floating, and manufacturing cash flow is available to expand outputs. Japanese manufacturing is now competitive with China and the rest of the world. The devaluation of the yen is causing Japanese consumers to unzip their wallets for two …

What he means is that since Spain, a member of the eurozone, was unable to devalue its currency it had to become more competitive by holding down wages and driving down costs. This has been achieved, spectacularly so. Spain's unit labor costs have …

At various points throughout the book, a currency war is defined as any of the following: A competitive devaluation; a domestic monetary policy with a devalued currency as a consequence; an outright financial attack; elimination of the dollar's reserve …

The competitive devaluation of currencies has continued at breakneck speed. The Federal Reserve, which should have been setting an example, is leading the charge with its doomed and irresponsible policy of quantitative easing (QE), which is the …

Nicholas Crafts, director of the Centre for Competitive Advantage in the Global Economy at Warwick University, says that on face value the lessons of history do point towards a default. Drawing on his longstanding research into the Great Depression, he …

Untargeted fuel subsidies and the public-sector wage bill have increased, crowding out much-needed public investment and relief to poor families, while impeding the development of a dynamic and competitive private sector and limiting new firms' access …