We'll annualize the operating impacts from the Venezuela Bolívar devaluation in the second half and productivity savings will build throughout the year. Also the first half comparison includes the onetime gain from the Western European … As we move …

The wiry 63-year-old Luxembourger – he was a competitive gymnast until the age of 45 – brought institutional memory back to the board. Like Trichet and Stark, Mersch was at the 1988 Hannover summit that re-launched the monetary-union process, and he …

… flexibility to reflect underlying fundamentals and avoid persistent exchange rate misalignments,” Bloomberg BNA reported. “We will refrain from competitive devaluation and will not target our exchange rates for competitive purposes,” the draft plan …

The year started with controversy over whether the aggressive fiscal and monetary stimulus launched by Japanese Prime Minister Shinzo Abe was an act of “currency war” designed to bring about a competitive devaluation. So-called Abenomics got a free …

… flexibility to reflect underlying fundamentals and avoid persistent exchange rate misalignments,” Bloomberg BNA reported. “We will refrain from competitive devaluation and will not target our exchange rates for competitive purposes,” the draft plan …

For the second quarter, BBVA saw Mexican profits rise just 1% sequentially, while the rest of Latin America saw profits drop 39% due in part to the devaluation in Venezuela. I believe BBVA's Latin American business is … At the same time, BBVA is …

“Competitive devaluation”, the official race by our governments to see who can drive their currencies to zero the fastest, was the promise by these governments that we could never trust these paper currencies as stores of our wealth ever again.

Some Asian countries are among those affected, facing multiple challenges such as outflow of capital, currency devaluation, slower growth and rising inflation, which have aroused concerns from people and some friendly countries. Under the current …

Average realized potash price fell 18% year over year in the second quarter as competitive pressure pulled down contract and spot market prices. Pricing pressure was also witnessed in the phosphate segment. Moreover, Potash Corp. is seeing somewhat …