Cannes: the price of a weak dollar
In April, the UK pound moved through the $2 mark for the first time since 1992. The euro has also grown in strength against the US dollar. On one level, Cannes-bound US companies are bound to suffer. Bringing staff to the Riviera is not cheap, even when the dollar is strong. When it is as weak as it is now, an expedition to the Marche begins to look painfully expensive.
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