The Brazilian currency, the real, is widely considered overvalued and the devaluation of currencies in Thailand, Indonesia and the Philippines has sparked concern it could follow suit.
22.
The American Sugar Alliance claims Brazil unfairly subsidizes its sugar through debt reductions, freight subsidies, " strategic " devaluations of currency, low labor and environmental standards and ethanol subsidies.
23.
In the face of the devaluation of currencies in Southeast Asian countries, China will take measures to increase the competitiveness of its exports and its absorption of overseas funds,
24.
SingTel shares have risen 25 percent since July 1997, when the Thai baht was devalued, a move now recognized as the trigger for a widespread devaluation of currencies across Southeast Asia.
25.
But the world has two options-decide to end these practices that have proven to be destructive to entire region by massive devaluation of currencies or leave them alone to rule the world.
26.
Exports are still growing, though, despite the devaluation of currencies in Thailand, Malaysia and Indonesia which will crimp exports to that region as the costs of Japanese products become relatively more expensive.
27.
French said once stability returns to East Asia, countries in the region could suck in metal they will need to supply export industries which have become more competitive following the devaluation of currencies.
28.
Yet demand for Japanese machinery overseas will be hurt in the coming months by the slowdown that's followed the devaluation of currencies in Thailand, Malaysia, Indonesia and elsewhere in Southeast Asia, economists said.
29.
But many analysts say that changing Peru's economic plan to devote more resources to social spending could cause a flight of capital from investors and lead to a devaluation of currency and higher inflation.
30.
As in August, the weakness in commodity prices is a reflection of the decline in demand for oil, copper and other commodities since Asian countries fell into recession after the devaluation of currencies in 1997.
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