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COMPLIANCE GOES GLOBAL: THE UNAVOIDABLE COSTS OF INCREASING REGULATION

Cover Story | Compliance
As the US has extended its regulatory reach beyond its own borders, other jurisdictions have followed its lead. Global corporations face an ever-growing burden in maintaining compliance with increasingly complex regulatory and reporting regimes. This is affecting their budgets, their structuring and also their strategy.

CAUCASUS | HEADING IN THREE DIFFERENT DIRECTIONS

Regional Report | The Caucasus
Azerbaijan, Georgia and Armenia, the nations that make up the region of the Caucasus, are all working hard to improve their business and economic climates, but with varying degrees of success.

 

ISTANBUL FINANCIAL CENTER: UNDER CONSTRUCTION

Country Report | Turkey - Islamic Finance
Officials in Turkey have long declared their intentions to transform Istanbul into an international financial center. Islamic finance could be the key to making that goal a reality.

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Global Data

Cities With Highest Cost Of Living

Cities With Highest Cost Of Living

Mercer’s Global Cost of Living Rankings uses New York as the base city, comparing 214 cities against it. The rankings measure the comparative cost of over 200 items, including housing, transportation, food, clothing, household goods, and entertainment.

The Poorest Countries in the World

There are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a country’s economy. A refinement of ...

Awards & Rankings

WORLD’S BEST BANKS 2015

WORLD’S BEST BANKS 2015

Global Finance presents the winners of its 22nd annual awards for the World’s Best Banks. 

From the Wires

Brazil Raises Tax on Financial Firms

By Rogerio Jelmayer SÃO PAULO--The Brazilian government announced Friday an increased tax on financial firms' profits, part of an effort to boost the country's revenue and cut its budget deficit amid weak economic growth. The CSLL tax will rise to ...

Expedia Divests eLong Stake

Expedia Inc. said Friday that it sold its majority stake in eLong Inc., amid growing losses at the Chinese mobile and online travel service that have weighed on Expedia's profit. Expedia's 62.4% stake was sold for $671 million to a ...

Deere Profit Falls as Equipment Sales Drop

Deere & Co. said its profit dropped 30% in the latest quarter, blaming weak conditions in the global farm economy that continue to affect the agricultural sector. The results, however, were much better than feared, and Chief Executive Samuel Allen ...