French Marijuana Laws. Historically, punishment for marijuana possession in France has been harsh, with a zero tolerance policy against use, possession and trafficking. Since 1994, the laws have been under scrutiny, both because of mounting public pressure to reform and financial pressure on the country.
devaluation - an official lowering of a nation's currency; a decrease in the value of a country's currency relative to that of foreign countries. regulating, regulation - the act of controlling or directing according to rule; fiscal regulations are in the hands of politicians.
It does no good to goose your manufacturing exports with a devaluation if your manufacturers can't buy raw materials. Euro Crisis: Reheated Megan McArdle February 26, 2013. Inflation in the high-growth economies will change the relative real wages between the counties the same way a devaluation can. Countdown to Euro Crack-Up David Frum May 30, 2012. Casting him as a Muslim is a convenientâand provocativeâform of devaluation in a society which is fearful of Muslims in general. Ignorant America Tunku Varadarajan August 29, 2010. A devaluation of those bonds, while the US debt load is rising, would not help anyone. Obama's Pittsburgh Checklist Nomi Prins September 22, 2009. Exporters would presumably like that, since it will lead to a devaluation of the shekel.