A negative sum gameBY BENJAMIN ONG | MONDAY, 22 FEB 2016 9:45AMBut a cheaper currency also leads to a decrease in demand for imports from the "global economy" - in the present case, mainly emerging markets - slowing their respective economies further, necessitating lower interest rates to lower their currencies to boost exports and reduce imports that weakens the "global economy" some more. Related News |
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Robert De Dominicis
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It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
