Denmark Extends Claim In Arctic Seabed

MILESTONES: ARCTIC   By Paula L. Green   The Danish government is embarking on a precarious high-wire act as it presents an Arctic seabed claim to the UN Commission on the Limits of the Continental Shelf.   Danish Arctic claims clash with ...

Country Report: Spain

UPHILL BATTLE   By Antonio Guerrero   Spanish banks are struggling to regain momentum in the face of a sluggish economy and the need for further restructuring.   Three years after Spain’s decade-long real estate bubble burst, the country’s banks ...

LSE’s Rolet Between A Rock And A Hard Place

NEWSMAKERS: UNITED KINGDOM   By Anita Hawser   Xavier Rolet, the London Stock Exchange’s CEO, must have breathed a sigh of relief when the European Commission announced in early August that it would investigate the proposed merger between Deutsche Börse ...

Country Report: Portugal

Light At The End Of The Tunnel   By Vanessa Drucker   Portugal’s new political leaders have a plan to dig their country out of its deep fiscal hole.   Portugal is about to receive a dose of strong medicine. ...

Strauss-Kahn Arrest Adds Drama To IMF Succession

NEWSMAKERS: GLOBAL   By Luca Ventura   While the shocking arrest in May of IMF managing director Dominique Strauss-Kahn in connection with an alleged sexual assault dominated the news all over the world, it only complicated a plot that was ...

FSA Plans To Go Out With A Bang

MILESTONES: UNITED KINGDOM   By Anita Hawser   Before the 2008 financial crisis ripped through the world’s markets, the UK’s Financial Services Authority was renowned for its light-touch approach to regulation.   Davies, RPC: Big jump in FSA fines In ...

Portugal’s Leaders Left With Few Option

MILESTONES : PORTUGAL   By Anita Hawser   Sovereign debt in the eurozone is back in the headlines again, with Portugal going cap in hand to the European Union and asking for an emergency bailout.   Debt burden leaves little ...

Tremonti Swats Away Accusations Of Protectionism

NEWSMAKERS : ITALY   By Luca Ventura   When the dairy giant Parmalat, a household name in more than 30 countries, collapsed in 2003 with a $20 billion hole in its accounts, Italian finance minister Giulio Tremonti fittingly dubbed the ...