The Argentine central bank intervened Monday, after allowing the 15 percent devaluation, to prevent the peso from falling even further. It was reported that the bank had to spend US$135 million of the country's … While workers are seeing their real …
We recaptured about half of the wine business that we lost to competitive activity in 2012 and our asset optimization efforts are on track and yielding about $40 million per year in savings on a run rate basis. While South America continues to generate …
Belonging to a currency union, you are forced into internal devaluation – cuts in wages – if you cease to be competitive at the common exchange rate. Greece and Spain could warn Scotland about that. You are forced into increasing tax and benefit …
Other unusual charges in the year was €115 million charge related to the June 2013 voluntary safety recall in NAFTA both in Q2 and the €43 million charge related to the February 2013 devaluation of Venezuelan bolivar. Offset by the €166 million gain …
“During the worst parts of the 2008-09 crisis, the Russian authorities spent a lot of money defending the value of the ruble and preventing a messy devaluation,” Adomanis told The Moscow News in an e-mail. “I think this opened their eyes to a certain …
Since then, Brembo has expanded its customer base by supplying braking systems for car manufacturers such as Ferrari SpA and Porsche SE, a business that has made the company's chairman, Alberto Bombassei, a billionaire. “One of Brembo's greatest …
Billionaire's daughter Abimbola 'Bim' Fernandez wants to be a singer. by: GREGORY E. MILLER; From: New York Post; January 22, 2014 7:09AM. Increase Text Size · Decrease Text Size · Print · Email · Share · Add to Digg · Add to del.icio.us · Add to …
“'I think that with Occupy Wall Street there was a sense of the heat getting turned up and a feeling of vilification and potential danger,” said Jamie Traeger-Muney, a Ph.D. psychologist whose Wealth Legacy Group focuses on counseling the affluent …
By submitting you agree to our Terms of Service. Your Take contributions have not been reviewed for accuracy by … It's leafy, affluent, full of the ornate houses a president might visit for a fundraiser. And then there's the world of Napier Homes and …