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To: Haim R. Branisteanu who wrote (98600)2/8/2013 12:07:01 PM
From: elmatador  Read Replies (1) | Respond to of 217740
 
Global currency war could get nastier, warns Brazil's Mantega

European countries should focus on reviving their economies with more investments, rather than trying to weaken the euro to protects jobs as France has suggested ahead of next week's meeting of G20 economic powers.

"We will continue to have this currency problem unless the global economy takes off," Mantega said in an interview late Thursday. "The solution here is to make their economies more dynamic and jolt them out of stagnation."

Message 28714022