the twin threats of deflation and beggar-thy-neighbor currency devaluation have been on the global agenda this year in a way perhaps not seen since 1944, when world leaders met in bretton woods, n.h.
通货紧缩和以邻为壑的货币贬值的双重威胁在今年已经被摆上了全球议事日程。
insisting that his recent currency devaluation was no excuse for price rises, mr chávez had indepabis close down hundreds of stores for 「speculation」.
hugo chávez坚称自己最近推行的货币贬值不是物价上涨的理由,还下令indepabis因「投机」理由而关闭数百家商店。
with individual currency devaluation not an option, the only way these countries can adjust as exports fall is for imports to fall even faster through a contraction in domestic demand.
由于没有本国货币可以贬值,这些国家应对出口下滑的唯一途径就是收缩本地需求,让进口下降得更加迅猛。
stock market volatility and a small currency devaluation have in the past few months caused the financial community to take note of chinese economic weakness.