Currency Wars Are Heating Up Across Latin America

by | Jan 11, 2011 | Towing

They’re gearing up for a potentially damaging round of currency interventions to help keep their economies competitive, especially against China. Says Brazilian Finance Minister Guido Mantega: “This is a currency war that is tu…

Will the Export Economy Spark a Global Currency War?

by | Sep 27, 2010 | Towing

Countries from Japan to Brazil and Mexico to Malaysia are trying to intervene in currency markets to alter the value of their currency. The widespread dependence on exports is the prime reason for these moves, which can be tric…