Current Issue

Go to the full issue

Latest Content

Recent Video

Global Data

Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

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

BEST INTERNET BANK AWARDS 2014 | INTERVIEW WITH THE WINNERS

KEEPING DATA SAFE: PAOLO DI GRAZIA, FINECOBANK Paolo Di Grazia, head of direct bank, FinecoBank: Cybercrime, e-fraud, identity theft and hacktivism are hot topics in e-banking. Website design is becoming more important than ever, particularly in areas such as ease ...

BEST INTERNET BANKS AWARDS CEREMONY 2014

BEST INTERNET BANKS AWARDS CEREMONY 2014

Global Finance held its 11th annual Internet Banks Awards dinner in New York in November. Leading financial executives from around the world were present to accept their awards and honor other recipients.

From the Wires

European Stocks Buffeted by Oil -- 3rd Update

By Josie Cox and Tommy Stubbington European markets endured another turbulent session Wednesday, buffeted by a fresh slump and then a sudden and ferocious recovery in the price of oil. Brent crude, which is still down almost 40% so far ...

Fed Signals 2015 Rate Hikes, Says It Can Be 'Patient'

The Federal Reserve said it would be patient about raising short-term interest rates in the coming year as it weighs a mix of conflicting signals about the U.S. economy, and retained an assurance that a "considerable time" would pass before ...

Ruble Fall Won't Lead to Early Review of EU Sanctions

BERLIN--The sharp devaluation of the ruble is cause for concern in Europe but won't lead to an early review of the European Union's economic sanctions against Moscow, German officials said on Wednesday. The assessment came after German Chancellor Angela Merkel, ...