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Cover Story

Cover Story : Africa’s New Wave Of Hope

As many people die from preventable causes every week in Africa as died in the recent tsunami. Now, however, Southern Africa’s struggling nations have reason to hope.



csif01 As 2005 begins to unfold, investors and corporates around the world have ...

Cover Story : Investment Remains Elusive

Africa’s New Wave Of Hope
Investment Remains Elusive


csart03 With so many countries’ economies largely dependent on external funding, it is difficult for many nations in Southern Africa to lure foreign investment without exacerbating poverty. Poverty levels in Southern Africa ...

Cover Story : Lands of Lost Opportunity

Africa’s New Wave Of Hope
Lands of Lost Opportunity


csart02 Endowed with a huge land mass and immense natural resources, Southern Africa offers an important market opportunity for countries both in the region and outside. Many of Southern Africa’s ...

Cover Story : Positive Impact - Eventually

Africa’s New Wave Of Hope
Positive Impact - Eventually


csart01 Romilly Greenhill of UK-based charity ActionAid believes the increased focus on aid and development that has been triggered by the tsunami will ultimately benefit Africa. “It needs the media and campaigners ...

Cover Story : Sharing the Debt Burden

Africa’s New Wave Of Hope
Sharing the Debt Burden


csart05 Many countries in Southern Africa have long been lobbying for the cancellation of their foreign debts. During a recent Southern African Development Community summit in Windhoek, Namibia, retired President of ...

Cover Story : Signs of Hope Emerge

Africa’s New Wave Of Hope
Signs of Hope Emerge


csart04 Aid is working in some countries, though, and these might serve as an inspiration. Uganda, for example, used aid to remove the charges on basic health services, prompting a massive ...

Emerging Markets Roundup

Cover Story : Africa’s New Wave Of Hope

As many people die from preventable causes every week in Africa as died in the recent tsunami. Now, however, Southern Africa’s struggling nations have reason to hope.



csif01 As 2005 begins to unfold, investors and corporates around the world have ...

Features : Custodians Push Toward A New Frontier

Changes in clients’ needs are driving global custodians beyond their traditional roles



feart03b

Placido: "Margin pressure is forcing the closer integration of vanilla-execution and post-trade processing"

For almost a decade consolidation and the drive to reduce costs has characterized the global ...

Emerging Markets : Coalition Looks Shaky As Lula Feels The Heat

Brazil


emart04 Brazilian President Luiz Inácio Lula da Silva is feeling the heat from political opponents, as his ruling coalition begins to unravel. The decision by the PMDB Party to leave the government last December dealt a severe blow to the ...

Emerging Markets : Putin Fuels Businesses’ Fears

Russia


emart02 An exceptionally long holiday slumber—with an official New Year’s break that extended from January 1 through January 10—in Russia was preceded by a final chapter in the so-called Yukos affair. On December 19 the company’s ...

Emerging Markets : Setbacks Set Tone

China


emart01 It’s been a rocky month for China. In Singapore, a court gave China Aviation Oil (CAO) six weeks to formulate a rescue plan after it came to light that the company had suffered losses of $550 million in ...

Award Winners

Award Winners : See owr award winners

World’s Best Trade Finance Banks 2005
Global Finance selects the leaders in a specialized area of finance that is benefiting from a surge in global trade.
World’s Best Trade Finance Banks 2005
REGION COUNTRY
Americas Citigroup
Europe ABN ...

Milestones

Milestones : Dollars? No, Thank You.

Latin America


msart02 The US dollar may once have been the currency of choice for Latin American debt issuers eager to fill their coffers with the hard currency. But with the greenback turning soft, the region's issuers are beginning to ...

Milestones : Qatar Gas Project Pushes Bounds Of Project Finance

Qatar/United Kingdom


msart04 Qatar Petroleum and ExxonMobil secured funding in December for the $12 billion Qatargas II project, which will supply LNG from Qatar to the UK beginning in 2007. The $7.6 billion bank financing for the venture, the ...

Milestones : Winds Of Change Blow Through Us Power Industry

United States


msart03 AES, a leading global power company based in Arlington, Virginia, agreed in January to acquire SeaWest Holdings, a privately owned wind-generation operating and development company, for approximately $60 million in cash.

San Diego, California-based SeaWest operates electricity-generating wind ...

Features

Features : Anemic Plans Drag On Corporate Profits

Stronger equity valuations fail to float many US pension plans that had found themselves under water.
feart01a Corporate pension plans will no doubt be handing their chief financial officers some sleepless nights this year as the financially troubled plans start to ...

Features : Cards That Count The Costs

An increasing focus on corporate expenditure and on transparency is bringing a renewed focus on the potential benefits of corporate credit cards and purchasing cards.


feart05a In sharp contrast to the consumer world, commercial cards are not necessarily equated with unbridled ...

Features : Custodians Push Toward A New Frontier

Changes in clients’ needs are driving global custodians beyond their traditional roles



feart03b

Placido: "Margin pressure is forcing the closer integration of vanilla-execution and post-trade processing"

For almost a decade consolidation and the drive to reduce costs has characterized the global ...

Features : World’s Best Trade Finance Banks 2005

Global Finance selects the leaders in a specialized area of finance that is benefiting from a surge in global trade.


Late last year, Deutsche Bank closed a $100 million syndicated insured receivables purchase facility for Sadia, one of Brazil’s ...

Corporate Finance

Corporate Finance : Dollar Starts Strong,But Hurdles Remain

Foreign Exchange


cfart03a
The dollar’s rally in early January reflected optimism about the United States economy and the prospect for higher interest rates, as well as year-end repositioning in the greenback by market participants, analysts say.

"We believe that this ...

Corporate Finance : Mergers & Acquisitions

Telecom Mergers Cap $1.9 Trillion Year


1 Telecom mergers on both sides of the Atlantic contributed to the biggest deal total on record for December, with more than $300 billion of global M&A; transactions announced in the final month ...

Newsmakers

Newsmakers : Euro Disney Pins Its Hopes On Refinancing

France


nmart01 Is Euro Disney about to recover after three years of malaise? The Paris, France-based theme park-by far the largest in Europe-believes a forthcoming restructuring and fundraising will set it on its way. Investors might not be cheering just yet ...

Newsmakers : Kirchner Resorts To Brinkmanship Over Defaulted Debt

Argentina


nmart03 Among international bondholders, Argentine President Nestor Kirchner has made few friends recently. After all, Kirchner has asked bondholders to take a 70% loss on their Argentine holdings and has turned a deaf ear to their pleas for a less ...

Newsmakers : Qaddafi Finds Virtue Has Its Cash Rewards

Libya


nmart02 Colonel Muammar al-Qaddafi, Libya’s flamboyant leader since a 1969 coup, did his country a big favor when he came in from the cold last year. By ingratiating himself with the West and agreeing to dismantle Libya’s weapons ...

The World's Best Trade Finance Banks

Features : World’s Best Trade Finance Banks 2005

Global Finance selects the leaders in a specialized area of finance that is benefiting from a surge in global trade.


Late last year, Deutsche Bank closed a $100 million syndicated insured receivables purchase facility for Sadia, one of Brazil’s ...