America has averaged 3 percent growth since World War II, but during those 68 years we have suffered 11 recessions, including the 2007–09 whopper. When the country isn't in recession, 4 percent annual growth is quite normal. Too many economists and …

Yen trading and the Nikkei's movements are closely interlinked as the currency's value impacts the profitability of firms shipping their goods overseas. The dollar was at 98.74 yen, compared with 98.43 yen in New York late Thursday and well …

However, the “currency war” theme will come back, becoming dominant in Latin America and partially offsetting the positive impact of ample liquidity and better growth prospects, they warned. Argentina and Venezuela “look set for hard landings …

Twenty years after the wars that devastated the western Balkans in the 1990s, Croatia is preparing to become the 28th member state of the European Union. On 1 July, the ex-Yugoslav nation will join the bloc, over 10 years after it first applied for EU …

At a meeting held in Nairobi, Kenya, replacement of the Somali shilling for another currency was considered a possible measure to establish a new macroeconomic policy for Somalia, which lived a state of civil war between 1991 and 2012 and only returned …

<em>An Iraqi man counts money behind a pile of American dollars in his currency exchange bureau in Baghdad on April 11, 2012. (ALI AL-SAADI/AFP/Getty Images)</em><br><br> Cost of the war: $443 billion from fiscal year 2001 through fiscal year 2011, …

Increase in real wages in Belarus by 35.2% in 2012 (December to December 2011) resulted in Belarusian economy losing its competitive advantage. Producer's industrial production price index in March 2013 was 288.9%, which is higher than the USD / BYR …

With market saturation, low disposable income of consumers, uncertain macroeconomic conditions and increased competitive activity in developed markets, these companies are diverting their resources to explore emerging markets. Though …. Though …

Holden was going through ''pretty tough times'', Mr Smith said, because the high Australian dollar and the devaluation of the yen by the Japanese government, and Australia's very low tariffs on imported vehicles had made locally made cars less competitive.