Most discussions of friction within the euro zone revolve around Germany. Either mighty Germany lends a hand to stragglers like Spain and Italy, the logic goes, or the euro disintegrates.
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Could Finland be the first country to leave the euro?
Most discussions of friction within the euro zone revolve around Germany. Either mighty Germany lends a hand to stragglers like Spain and Italy, the logic goes, or the euro disintegrates.
China Lets Currency Weaken, Risking New Trade Tensions
A cheaper renminbi makes Chinese exports more competitive in overseas markets, but it could worsen trade friction with Europe and particularly the United States.