Because of a single currency, the Euro, both Greece and Spain are caught in the extremely painful economic dilemma – how to cope with an economic crisis without currency devaluation available as a tool. Since neither country can devalue its currency …

Garcia Zarate: Well there's been quite a substantial increase in external competitive particularly in the periphery, so that runs counter to the myth that the periphery couldn't actually regain competitiveness within the Eurozone because of the …

What Bretton Woods in fact did was to create a system of fixed but adjustable exchange rates which avoided both the worst evils of the old gold standard and the problems caused by the competitive devaluation that had followed its abandonment in the …

Ethiopia should consider devaluing its currency to boost exports as they are mostly unprocessed products and need to stay competitive on price, a World Bank economist said on Tuesday. Ethiopia, whose main exports are coffee, horticultural products, …

Devaluation can be an effective tool for reducing the foreign-currency cost of local production inputs, thereby making exports more competitive and for making imports less competitive against domestic production. But devaluation can only have these …

Those important factors and risks include, without limitation, economic, competitive, governmental and technological factors affecting Moody's operations, markets, products, services and prices. Important factors and risks are described in the current …

In addition, we had currency devaluation in the Ukraine which along with the cost of the program drove our actual net result to a $54 million loss. By comparison, in the second quarter of last year we had several favorable currency settlements and …

Competitors in China experienced supply disruptions in the third quarter of 2013 and a benefit accrued to us as a result. ….. But just I guess, Pete, to the extent that you've got a number of one-time, let's say, items this year, maybe I guess …

This crisis manifests as the intensification of fundamentalisms, prejudices, and hatreds, as well as a retreat further into competitive individualism and consumerism. … Frequently, both of these are the result of the way the movement or group in …