{"id":7167,"date":"2015-04-12T04:33:36","date_gmt":"2015-04-12T12:33:36","guid":{"rendered":"http:\/\/www.businessenglishpod.com\/?p=7167"},"modified":"2023-01-08T20:14:13","modified_gmt":"2023-01-09T04:14:13","slug":"business-english-news-32-currency-wars","status":"publish","type":"post","link":"https:\/\/9to5english.com\/wordpress\/2015\/04\/12\/business-english-news-32-currency-wars\/","title":{"rendered":"Business English News 32 &#8211; Currency Wars"},"content":{"rendered":"<!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-7167-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/traffic.libsyn.com\/bizpod\/BEN32-Currency-Wars.mp3?_=1\" \/><a href=\"https:\/\/traffic.libsyn.com\/bizpod\/BEN32-Currency-Wars.mp3\">https:\/\/traffic.libsyn.com\/bizpod\/BEN32-Currency-Wars.mp3<\/a><\/audio>\n<p><a href=\"https:\/\/www.businessenglishpod.com\/quiz\/BEN32POD\/index.html\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.businessenglishpod.com\/wordpress\/wp-content\/uploads\/world-currencies-600x290.jpg\" alt=\"Business English News 32 - Currency Wars\" width=\"600\" height=\"290\" class=\"alignnone size-large wp-image-7168\" srcset=\"https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/world-currencies-600x290.jpg 600w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/world-currencies-300x145.jpg 300w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/world-currencies.jpg 745w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>In today&#8217;s <a title=\"Business English News Lessons\" href=\"http:\/\/www.businessenglishpod.com\/category\/business-news\/\" target=\"_blank\" rel=\"noopener noreferrer\">Business English News lesson<\/a>, we look at how countries are using competitive devaluations of their currencies to stimulate economic growth.<\/p>\n<p>It&#8217;s been a wild ride since the global economy welcomed in the New Year, and the scale of global easing that&#8217;s taking place has stunned investors. On average, an interest rate has been cut somewhere in the world once every 3 days, catching everyone off guard. If 25 countries cutting rates since the start of the year wasn&#8217;t proof enough, this week&#8217;s warning from Janet Yellen about the dollar&#8217;s strength confirmed that the world&#8217;s top central banks are fighting a currency war.<\/p>\n<p>[tp no_translate=&#8221;y&#8221;]<strong>Free Resources: <a href=\"\/quiz\/BEN32SN-Currency-Wars.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #800000;\">Study Notes <\/span><\/a> | <a href=\"http:\/\/www.businessenglishpod.com\/quiz\/BEN32QIZ\/presentation.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #800000;\">Online Practice<\/span><\/a> | <a href=\"https:\/\/www.businessenglishpod.com\/quiz\/BEN32POD\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">Lesson Module<\/a><\/strong><\/p>\n<p><strong>Download: <a href=\"https:\/\/traffic.libsyn.com\/bizpod\/BEN32-Currency-Wars.mp3\" target=\"_blank\" rel=\"noopener noreferrer\">Podcast MP3<\/a><\/strong>[\/tp]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn Business English vocabulary for discussing the economy and currency markets.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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