Sure, you can criticize the timing, since the devaluation happened after FHC reelection of 1998, but that was necessary, otherwise the Brazilian economy would not be competitive just like Argentina wasn´t. If you devalue your currency, you can expect …
“The prospects for policy adjustments to reduce in macroeconomic instability and strengthen the sovereign's balance sheet do not appear promising in spite of the introduction of a three-tier FX system and the de-facto devaluation of the VEF earlier in …
The 'B-' rating for the proposed notes reflects GOL's high leverage and the sensitivity of GOL's financial performance to several factors not controlled by the company such as competition, devaluation of the local currency versus the U.S. dollar, and …
Modi replied: "We've had devaluation. We used to play with snakes now we play with the mouse. When we move a mouse, the whole world moves" (NDTV). On Tuesday, Modi met Japanese Emperor Akihito at the Imperial Palace in Tokyo. While addressing …
“This was despite several disruptions of trade-intensified competition from the major global players and a stepped-up presence of cheap Indian imports, as well as the imposition of high import duties in several countries,” Distell's managing director …
“The devaluation of the currency over the period had a significant impact on industry participants and trading behaviour, harming independent opportunistic traders and restricting access to the industry to new entrants,” the company said. “Other …
… including as a result of changing industry and market trends, reduced demand for our products, the timely development of our new products and their adoption by the market, increased competition in the industry and price reductions, as well as due …
Renminbi devaluation and higher US yields would be a lethal combination for the eurozone . Most European countries have modestly improved their trade positions with China thanks to stronger German capital … The complementary index for European and …
According to analysts of the Russian Packaging Association, the domestic segment of corrugated board packaging is on the verge of stagnation, due to high competition in the market and the impossibility of further price increases. … According to …