Word: highly
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Dates: during 2010-2019
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...economic malaise of the E.U. and Japan has central bankers and bondholders worried. But it has currency speculators and arbitragers licking their lips at the prospect of riding the euro and yen on their downward slide, while at the same time making fat profits on high-yield investments and rising currencies in emerging markets...
...remains the region to watch in 2010. Greg Anderson, director of currency strategy at Société Générale Global Markets in New York likes Mexico best, noting its peso could repeat the performance of last year's hottest Latin-American currencies, helped by comparatively high interest rates, currently at 4.5% but expected to trend upwards to 5.75% by year end. Also, Mexico's government is pursuing a hands-off approach to currency markets...
...Chinchilla (pronounced cheen-chee-ya) is ushering in a new generation of leadership at a moment when Costa Rica's stature as the Switzerland of Central America is in decline. Its democracy remains the region's strongest, but it has been rocked in recent years by a spate of high-level government corruption scandals, a spike in drug-trafficking violence and a widening gap between rich and poor. Costa Rica's image as Central America's moral authority also took a hit last year when Arias - who won the 1987 Nobel Peace Prize during his first presidency for brokering...
...problems at bay at the end of the 20th century, has let them leach into the country in the 21st. If Chinchilla's winning platform is any indication, rising drug-related violence worries Costa Ricans the most. ("Security, security and more security," she promised.) But worsening social inequality is high atop her campaign's list as well, particularly when it comes to access to education. Schools used to be one of Costa Rica's largest sources of pride and a big reason First World high-tech giants like Intel invested in the country. But "most Costa Ricans feel the quality...
...well over the E.U. limit of 3% - has sent the euro tumbling and caused stock markets across the continent to fall. And with the finances of eurozone countries now under a market microscope, questions are now being asked about Spain and Portugal, which are also battling high deficits. (See pictures of the global financial crisis...