It scarcely needs saying that race to the bottom, competitive currency devaluation is ultimately a zero sum game that benefits no one. Unfortunately, that hasn't stopped several of the world's major currencies from playing it. The US was first out of …

Unfortunately, devaluation would not solve France's problems. The only durable solution to a deeply … With Eurozone inflation currently close to zero, rapid competitive adjustment would mean France running with falling prices. That can only be …

Delta took a $23 million charge in the first quarter due to devaluation of the bolivar. Today's … He notes that Delta's competitive capacity is up just 1% in the third quarter, the best among legacy carriers, and favorable cost trends will continue …

FRANKFURT/PARIS: The head of planemaker Airbus has voiced growing support for plans to upgrade a popular wide-body jet to sharpen its contest for plane sales with Boeing, while urging European authorities to weaken the euro to help exporters compete …

The devaluation was described as foreseeable and necessary, even though the foreign exchange reserves have climbed to the highest peak of $35 billion, according to the Hong Kong and Shanghai Banking Corporation (HSBC). The dollar price rose sharply by …

Expect them to refute calls of “competitive devaluation”. That being said, German exports were shown to have fallen in May by 1.1%, more than had been expected. This makes this the 3rd month this year that exports have fallen and will only contribute …

Their export activity is very competitive both in terms of brand names and technology – making the activity less price sensitive also from the impact of fluctuating euro values. For other Euro area countries the situation is different – especially for …

Rather than see the 30% euro appreciation that would follow from the ECB's current monetary policy, German exporters would scream for measures to prevent America's “competitive devaluation,” bringing about moderate inflation in the north rather than …

And these financial issues are the norm but we tried to deal with it through seeking additional equity in the market through debentures and advance options, but there was another challenge with the very high interest rates and devaluation so at the end …