As you can see on Slide 5, the main objectives we set out almost 3 years ago were: first, exiting those markets where we do not have a competitive advantage; second, focusing our growth on platform expansions; and third, reducing our overhead. Since …

But these problems are not confined to Asian marketplaces, as severe currency devaluation in Uruguay, Paraguay and Venezuela also drove sales through the floor. And other problems in Latin America and the Caribbean — such as massive destocking in the …

Adjusted net income (loss) excludes the following items from net income (loss): impairment charges, net of tax; foreign currency gains and losses, including the impact of the devaluation Argentine peso relative to the U.S. dollar; other non-recurring …

Now, with regards to the competitive environment. I think we've the right strategy in place and we're executing it by duly investing in our priority markets where we think we have distinctive positions. And if we take the half year comparison, last …

They want the Union Public Service Commission, which conducts competitive examinations to select the members of the administrative services, to scrap the aptitude and English language comprehension skills tests which were introduced in 2011. These …

Officially, Australia has avoided recession for more than two decades — an impressive achievement for a small open economy that has become increasingly dependent on exports of iron ore, copper, and coal as a source of growth. Many have attributed this …

Last February, we had a similar decline in stocks, driven by a currency devaluation in Argentina and the fear that a debt and currency crisis might spread across emerging markets. Again, it was a fear with little fundamental underpinning. While that …

The recent devaluation of our currency, we believe, has given rise to heavy forex demand by not only the Government, as it seeks to comply with the terms of the IMF agreement, but also by speculators. … If Mr King is suggesting that we should be an …

“Back then, it was competitive devaluation (of currencies), but competitive easing could lead to competitive devaluation,” says Rajan. “If there were no consequences to competitive easing (to spurring economies), fine; but there are consequences,” he …