The former chief economist at the International Monetary Fund compared the current global markets to the 1930s – a period marked by the Great Depression. Rajan said back then countries were engaged in a period of competitive devaluation, in a similar …

'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 …

Total revenue in 2Q14 was negatively impacted by operational performance and macro-economic slowdown in Russia, Ukraine and Pakistan, the rolling effect from the 2013 price competition in Italy and delayed 3G launch in Algeria. Total mobile customers …

We distinguish ourselves from our competitors on the basis of this leverage and assets and we accelerate our progress to fully trace market opportunities. In the last six months, speed and flexibility …. Financial charges were lower by more than €11 …

So when an argument is given that as Pakistan's economy has a consistent inflation rate of 10% or more, the only practical solution to remain competitive in manufacturing is in devaluing the rupee each year, the argument primarily applies to the Pak …

"We are back to the 1930s, in a world of 'competitive easing'. Back then, it was competitive devaluation, but competitive easing could lead to competitive devaluation," says Rajan. "If there were no consequences, to competitive easing, fine; but there …

We've reduced but reaffirmed our recommendation to underweight Brazil, to recognize a more competitive October 2014 presidential election. Our thesis has been anchored by two broad areas: one, equity market indicators — Brazil … Brazil's below-trend …

This all was partially offset by higher average sales price, $3.03 per barrel more than the second quarter of 2013 and by a positive effect of the devaluation on the Colombian Peso over the dollar-denominated revenues in the second quarter of 2014 …

Yes, I believe we should work on the tax code and get corporate taxes to near Ireland or whatever number makes us competitive. But relying on congress to do this is akin to believing in the tooth fairy. Don't get me going on the administration either …