Globalization
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Cunliffe's appointment as deputy governor of the Bank of England shows the UK's backing for its financial sector.   NEWSMAKERS By Gilly Wright The surprise appointment of Sir Jon Cunliffe as deputy governor of the Bank of England shows how seriously...
Stability may have finally returned to Japanese politics.   NEWSMAKERS By Thomas Clouse Stability may have finally returned to Japanese politics, now that the coalition led by Japanese prime minister Shinzo Abe and his Liberal Democratic Party (LDP)...
Brazilian IMF rep Paulo Nogueira Batista refused on July 31 to back the latest funding package for Greece.   MILESTONES By Luca Ventura “Implementation has been unsatisfactory in almost all areas; growth and debt sustainability assumptions continu...
According to the latest PwC ranking, the UAE has the world’s simplest corporate tax regime while Venezuela has the most burdensome. Ireland has the simplest in Europe, Canada in North America, and Chile in Latin America. In Asia-Pacific, Australia has the simplest tax...
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  Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. By Udayan Gupta Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh e...
After six years of recession the International Monetary Fund concedes that it "badly underestimated the damage that austerity would do to Greece’s economy”–a bit of an understatement given that the original projections were that Greece would lose 5.5% of its ec...
Raghuram Rajan’s appointment last week to the top post at the Reserve Bank of India (RBI) –the country’s central bank–was announced with the fanfare normally reserved for events such as the recent birth of a royal baby in London. By Valentina Pasquali ...
Does the slowdown of Fed quantitative easing signal an inevitable slowdown in developing economies and the end of the bull market for emerging markets assets? By Gilly Wright If you attended to the teeth gnashing and handwringing following the Fed...
July 30, 2013 - Among the first three firms to be selected for nonbank SIFI designation, insurance giant AIG and commercial loan provider GE Capital appeared resigned. Insurer Prudential Financial, on the other hand, is contesting it. Rumblings of dissent are also be...
In 2004, when nine former Communist countries joined the EU, there were widespread celebrations. Three years later Romania and Bulgaria also joined. On July 1 this year another post-Communist country was admitted to the EU: Croatia. But celebrations were somewhat mut...
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