… brutal re-pricing of currencies and both local and foreign currency fixed-income assets. Brazil and other countries that complained about “hot money” inflows and “currency wars,” have now suddenly gotten what they wished for: a likely early end of …

… re-pricing of currencies and both local- and foreign-currency fixed-income assets. Brazil and other countries that complained about "hot money" inflows and "currency wars," have now suddenly gotten what they wished for: a likely early end of the …

EM countries used to be afraid of letting their currencies float. Capital inflows may have triggered an appreciation of the currency and led to a loss of competitiveness. This is the reason why many EM countries have adopted pegged or semi-pegged …

Comments from SNB vice president Danthine at an event in Montreal: CHF policy wasn't a competitive devaluation Translation: it was a competitive devaluation Update: Swiss franc remains strong, posing a challenge Franc cap is an indispensable part of …

"Due to delays in internal devaluation, to reduce an overly expensive gross-net salary ratio, to rationalise generous collection agreements in the public sector and to adjust energy prices to EU standards, pressure is continuing on competitiveness …

That the dollar remains the dominant global reserve currency despite its devaluation over the years is mainly because there is as yet no credible alternative. For a while it looked as if the Euro might challenge, and indeed, even in the wake of the …

“Over the last weeks, competitive pressure from Asia has significantly increased, intensified by the devaluation of the Japanese Yen,” SGL said in the statement. “Consequently, the anticipated business recovery will not occur either in the second …

The incident occurred June 13 at 2:40 p.m., when a Delta Airlines Boeing 747 arriving at John F. Kennedy International Airport came too near to a Shuttle America Embraer E170 plane departing from LaGuardia Airport, the FAA said. Dr Gadi Avshalomov.

Just one week after it first took to the skies and with the biggest names in the aerospace industry watching, Airbus flew its new A350 jet over Le Bourget airport on the final day of the Paris Air Show. With almost $70bn (£45bn) worth of business won …