Tag "currency war"
Finance
Latin America
South America joins the global currency war
Amid continued low commodity prices, a slow down in demand from Asian economies, and the Chinese devaluation of the Yuan, South America looks poised to jump into the global currency
Asia Pacific
Finance
Yuan devaluation kills two bird with one stone
The three-day devaluation, which rattled markets last week, serves two ends for the Politburo; it is a move towards a slightly more market-based rate, and it tests the last tool
