The aim was to reverse two decades of stagnation and deflation by making exports more competitive, also the textbook view derived from a 19th century mindset. The reality is that cheap yen has been used to fund asset investment and speculation around …
Argentina is allowing the peso's decline to accelerate as inflation makes exports less competitive and the government tries to combat speculators demanding 60 percent more in local currency for every dollar in the illegal currency market, according to …
Recession pushed consumer prices down for a third straight month in May, in a sign that an internal devaluation is gaining ground and potentially making the economy more competitive. However, data showed industrial output declined 1.8 percent in April.
Devaluing currencies should help an economy become more competitive as the price for its exports fall, but the effect is muted. "While currency devaluation has reduced the relative cost of exports in these countries, it has done little to boost …
The Nikkei is on fire ever since Japan's plans to enter into a competitive devaluation of its currency started this year. The US dollar strengthened 24.17% against the Yen so far this year while the Nikkei soared twice as much, 51.8% at the same time …
More than half the cars imported cost more than that, and at least 40% are bought under corporate accounts, industry data shows. For luxury marques such as Bentley, Porsche and Rolls-Royce, over 70% are bought as company cars. βIt will deal a direct …
We've heard all about affordable homes for those looking to jump into the real estate game on a tight budget. But what if you have the bank for bling? Check out this home at 11 Marbleridge Road, listed at $2,485,000. This 7,700-square-foot estate sits …
This 4G LTE machine is ideal for premium phone users since it brings together a wide range of quality features including a 4.7-inch high-resolution FullHD display, quad core CPU, a breathtaking design, 4MP Ultrapixel rear camera and a matchless Sense …
The Clarke Central High School graduate's job in the nation's highest court marks the latest milestone for a family that came from humble beginnings β slavery, farm sharecropping, toiling in mines and living in public housing β and he has not …