Executive Pay | Since the global financial crisis of 2008, corporate boards have been under pressure to tie executive pay to performance.
Trends | Sovereign Funds & Trade
This summer US Congress passed a law giving president Barack Obama the authority to “fast-track” free-trade pacts such as the multinational Trans-Pacific Partnership (or TPP), which covers around 40% of trade in American goods and 60% of trade in Asian goods.
Milestones | New Zealand
In June, the Reserve Bank of New Zealand lowered its key cash interest rate a quarter of a percentage point to 3.25%, the first time the central bank has cut rates cut since 2011, citing a combination of deflationary pressure, plunging commodity prices and a slowdown in key export markets like China.
Newsmakers | Israel
Israeli prime minister Benjamin Netanyahu’s success among center-right political parties, which saw him recently elected for a fourth term, may have provided a stable political platform, but international pressure and recent social unrest could see the country change economic direction.
Trends | US Dollar/Mergers & Acquisitions
The US dollar has climbed some 25% since June to its highest level in the past 12 years, which could have a significant impact on one of America’s biggest economic drivers: foreign direct investment.
Management | Foreign Direct Investment
FDI volumes are declining globally, as some national governments take a stronger stance against foreign ownership of their companies and land.
NEWSMAKERS: SOUTH AFRICA
Zuma fights back despite public dissatisfaction with his presidency.
Recent economic reforms in Mexico and upgrades by rating agencies have strengthened Mexico’s position in global markets. The country’s economic performance is improving as well.
Global energy markets are attending closely to recent natural gas discoveries in the eastern Mediterranean and their implications for the availability and pricing of energy resources.
A welcome sign (Photo: Aaron Pruzaniec) The Great Recession, along with a changing global economic landscape, has led leaders in the US to reassess the country’s relationships with foreign markets and companies. The rethink is laudable—but means nothing if not ...