The CNY at its present level is only supportable by a few clusters of the economy, while the rest need a sizable devaluation to become competitive again. Report Wazoo | June 20 5:15pm | Permalink. Looking at the chart for "Pearls, precious stones and …

“The competition for emerging-market bonds has increased and investors will ask for higher yields there.” Russia canceled planned sales of 10 billion rubles ($304 million) of notes this week, citing a lack of demand within an acceptable yield range of …

So even if I take the instance of the 1990s when we were not particularly a very strong economy, we had that big devaluation from 19 to almost 30 and then we stayed steady at about 31-37 to the dollar for a fairly long period of time before we started …

We can't continue to make cars in Australia if we're not competitive and can't reduce those costs. The unions and the South Australian Premier don't agree. The secretary of the Australian Council of Trade Unions, … This can bring order to the process …

If prices and competitiveness get out of line among countries, there is no way to adjust except competitive deflation. The trouble is that no exercise of thrift or structural reform will restore competitiveness to a … Banks would have to hold …

This is the same “internal devaluation” policy now being foisted on Italy, Spain and Portugal, but without the tail-wind of a global boom that made it so much easier for Germany. Wage compression is not the same as reform in any case. What Germany has …

But their self-perpetuating domination is bad for sport – the very basis of which rests on competition. Without that, success is meaningless. That is the biggest danger in the years ahead for Bayern Munich – the devaluation of their hard won success …

So even if I take the instance of the 1990s when we were not particularly a very strong economy, we had that big devaluation from 19 to almost 30 and then we stayed steady at about 31-37 to the dollar for a fairly long period of time before we started …

In February, when global economic growth was tepid at best, the G20 examined competitive currency devaluation, with Japan taking center stage because its strategy to reverse 'stagflation' and spur economic growth hinges on the aggressive weakening of …