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Features

Features : A Bridge To Recovery

Infrastructure spending Policymakers are pouring money into infrastructure projects in an attempt to head off economic disaster.   Cohen: When stability returns, infrastructure will be attractive. All aspects of infrastructure will be on the rise in 2009, as the United ...

Award Winners

Emerging Markets Roundup

Emerging Markets : Africa

Zimbabwe has abandoned its "worthless" currency in favor of other currencies such as the US dollar. After years of trying to defend its near-worthless currency, the Zimbabwean government has abandoned foreign exchange and price controls. Zimbabweans will now be allowed ...

Emerging Markets : Brazil

Brazilian oil giant Petrobras will use debt issuance to finance new offshore exploration. The Petrobras state-controlled oil company sold $1.5 billion of 10-year bonds on international markets in February. The deal, which carries a 7.875% coupon, was managed by HSBC, ...

Emerging Markets : China

As economic growth tails off, China's unemployment level is rising sharply. China’s economic growth is tailing off as feared. Although annual growth in 2008 was 9%, fourth-quarter growth slowed to a seven-year low of 6.9% year-on-year, according to preliminary estimates ...

Emerging Markets : India

Open for business: "Off-limits" investment sectors opened up. The Indian government revised its foreign investment policy guidelines in mid-February, with a changed methodology for computing foreign equity holdings in Indian companies. According to the new guidelines, any equity held by ...

Emerging Markets : Middle East

Saudi Arabia's King Abdullah. King Abdullah bin Abdul Aziz of Saudi Arabia shook up his cabinet in February, appointing a new central bank governor, as well as new education, justice, information and health ministers and naming a woman as a ...

Emerging Markets : Russia

Devaluation of the ruble is over, says Kudrin, Russia's finance minister.   The Kremlin rolled out a revised version of its economic crisis plan, extending additional credits to the beleaguered banking sector possibly at the expense of direct loans to ...

Country Report

Features : Country Report: Cyprus

SURVIVAL INSTINCT CYPRUS Cyprus’ leaders are tackling head on the challenge of maintaining economic growth during the current global downturn.   Nicosia, Cyprus' capital, is gripping itself for an economic slowdown. Cyprus has experienced more than its fair share of ...

Features : Survival Instinct

CYPRUS Cyprus’ leaders are tackling head on the challenge of maintaining economic growth during the current global downturn.     Nicosia, Cyprus' capital, is gripping itself for an economic slowdown. Cyprus has experienced more than its fair share of ups ...

Milestones

Corporate Finance

Newsmakers

Newsmakers : Obama Targets Climate Change

UNITED STATES     Hardhitting team appointed to curb US carbon emissions With a new line-up of officials steering Washington’s environmental and energy policies for the next four years and global talks under way to iron out a successor pact ...

Newsmakers : Santander Loses Face In Latin America

LATIN AMERICA     Sleepless in Madrid: Santander chairman Emilio Botin Spanish banking giant Santander is struggling to contain the fallout from the more than $3 billion loss its clients sustained through the bank’s investments in funds linked to disgraced ...

Sponsored

TCM : Software Providers

TREASURY & CASH MANAGEMENT - SPONSORED DIRECTORY Global Finance presents its annual guide to the key products and technology providers in the treasury and cash management space.     Capabilities/services: Ariba Invoice and Payment is the leading enterprise solution for ...