2012

Could Cooperatives Change The World?

MILESTONES: GLOBAL   By Paula Green   Would the global economic crisis have been so severe if cooperative banks—which create value for their members as they achieve profits—ruled the financial world?   And would the European Union and many of their banks ...

Global Salon: Ian Bremmer, Eurasia

NO HAND AT THE HELM   By Paula Green   As part of its Salon series, Global Finance sat down on January 11 with Ian Bremmer, president and founder of political risk analysis firm Eurasia Group, to discuss increasing geopolitical ...

Passera Faces Tough Job To Win Over Italian Parliament

NEWSMAKERS: ITALY   By Paula Green   Ready or not, as minister of economic development, infrastructure and transport for the newly-formed government of prime minister Mario Monti, Italian banker-turned-bureaucrat Corrado Passera will be honing his political skills this year.   ...

Barney Frank Says Farewell To Congress

NEWSMAKERS: UNITED STATES   By Paula Green   Will Wall Street miss US Congressman Barney Frank, the ranking Democrat on the House Financial Services Committee (HFSC) and architect of the 2010 legislation aiming to avert another global financial disaster?   Frank ...

2011

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 ...

Mexico’s Uphill Struggle

COUNTRY REPORT: MEXICO   By Paula L. Green   Safeguards put in place after the Tequila Crisis helped Mexico’s banks ride out the recent global turmoil. Now they’re facing some new challenges.   On the spot: Mexico’s president Calderón faces ...

Fast And Loose

COVER STORY: GAIN OR PAIN   By Paula L. Green   In their headlong rush to set up operations in the fast-growing emerging markets, many Western companies are failing to take full account of the risks involved. The consequences could ...

2010

Risky Business

FOCUS: RISK CONSULTING   By Paula L. Green   Companies are showing increasing interest in employing risk consultants to help them manage their exposure.   As they protect employees, property and supply chains flung around the globe, corporate executives are ...

Running For Cover

UPDATE — ENVIRONMENTAL RISK INSURANCE   By Paula L. Green   Demand for environmental and climate-change-related insurance is set to rise sharply.   Along with more government regulations meant to rein in multinationals’ damage to the environment, the heightened public ...

Slow Take-Off

READERS' CHOICE AWARDS   By Paula L. Green   Best Hotels & Airlines   Business travel is slowly recovering from a recession-induced slump.   The corporate clampdown on travel budgets that began during the global recession is gradually easing, and ...

How Safe Is Your Safety Net?

INSURANCE FOCUS   The fallout from the financial crisis is prompting risk managers to take a cold, hard look at their insurance providers. Many do not like what they see.   By Paula L. Green     Don’t let that ...

2009

Features: Spotlight: Business Continuity

Preparing For The Worst   Multinationals are reassessing their business continuity plans as the global economic turmoil continues.   By Paula L. Green   In an increasingly intertwined business world with far-flung supply chains stretching across myriad time zones and ...

Features: Funding A Cleaner World

Businesses, banks and governments are working together to create financing tools to fund the green revolution.   By Paula L. Green   Cajoled, prodded and pushed by presidents, regulators, legislators and international diplomats, multinationals are slowly realizing the time has ...

Features: A Region in Transition

Economic Update Central Asia   The former Soviet republics of Central Asia are undergoing dramatic and sometimes painful change as they attempt to modernize their economies and to exploit their vast reserves of natural resources.   By Paula L. Green ...

Newsmakers : Risk management remains undervalued

    Risk management is still not considered a core strategic function at some of the world’s biggest investment houses, according to a survey by research group SimCorp StrategyLab. Despite all the talk given to the importance of risk management ...

Features: Risky Business

FOCUS ENTERPRISE RISK MANAGEMENT   Risk managers are heading back to the drawing board after finding their systems were incapable of flagging up the perils that have brought the financial and corporate worlds to their knees.   First developed more ...

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 ...

Features: Carbon trade up

MARKET REPORT CARBON TRADING Barack Obama’s support for carbon trading will help strengthen an already growing market.       Schleimer: The Clean Air Act could be used to regulate greenhouse gases Bolstered by Europe’s legislative advances to tackle climate ...

2008

Features : A Safe Haven

SPOTLIGHT / GLOBAL CUSTODY Global custodians are experiencing strong growth and increasingly complex demands from their clients.   Propelled by the growth in increasingly sophisticated financial instruments and the emergence of new markets and clients, the universe of financial assets ...

2007

Features : World’s Best Banks

ANNUAL SURVEY / WORLD’S BEST BANKS At a time when the world economic outlook is more uncertain than it has been in years, the banking industry finds itself at the vortex of a financial market storm that originated in subprime ...

Cover Story : Stepping Up

  GOING GLOBAL   Lacking the financial clout of multinationals or small enterprises’ easy access to government grants, mid-size companies are riding the wave of new technologies and today’s more liberal trading and regulatory schemes to successfully break into foreign ...

Features : Steady Progress

COUNTRY REPORT / INDONESIA Indonesia is slowly moving toward a wide range of structural reforms critical to soothing the anxieties of local and foreign investors. Less than a decade after the fall of the dictator Suharto, Indonesia is moving to ...

Cover Story : A Continent On The Cusp

AFRICA Figurehead: Nelson Mandela became a symbol of hope for many in Africa The past two decades in Africa have been marked by the twin themes of dramatic progress, such as the demise of apartheid in South Africa, and heartbreaking ...

Cover Story : Corporate Social Responsibility

A QUESTION OF PRINCIPLES As corporate responsibility becomes a staple corporate tool, it is easier than ever for corporations to live by principles they can be proud of. The cost of failing to act responsibly is rising, too. Pity the ...

Cover Story : Deal Or No Deal

The seemingly interminable wrangling over global trade encapsulated in the so-called Doha Round of talks might be about to come to an end. The dormant world trade talks may finally emerge from a prolonged suspension this spring as trade officials ...

Newsmakers : India Struggles To Control Aids Spread

India Nanda: Controlling spread of AIDS makes good business sense Three US-based global organizations—including the US-India Business Council—want to make sure that India’s HIV/AIDS epidemic doesn’t eventually deter companies from investing in one of the world’s fastest-growing economies. India now ...

2006

Cover Story : When It Pays To Be Different

Investing In Alternatives Near-panic in global energy markets has spurred an explosion of interest in alternative sources. Spurred by factors from skyrocketing oil prices to escalating concerns over climate change and national security, global investors are expected to sink $60 ...

Newsmakers : Lamy Ruefully Throws In The Towel

France/global Lamy: Pulled the plug on Doha It must have been a painful moment for Pascal Lamy, the former French civil servant who has served as director general of the World Trade Organization for the past 12 months. After carefully ...

Cover Story : Environmental Impact

Climate Change A rising tide: Companies are coming under increasing pressure from shareholders As concern grows over the enormity of the corporate world’s energy demand, businesses are coming under increasing scrutiny over their readiness to deal with the flip side ...

Features : Business Travel Takes Off Once More

Receding security fears and growing profits are leading to a sharp rise in business travel. Business executives are racking up hundreds of billions of dollars in travel expenses for hotels, restaurant meals and airline tickets as an increasingly interdependent global ...

Features : Turkey: Pressing Ahead

Its EU hopes may be faltering, but Turkey is relentlessly pursuing its ambitious reform program—and reaping significant benefits in the process. While at least a decade away from possible membership in the European Union, Turkey is luring record levels of ...

Features : The Debt Debate

Some of the world’s poorest countries are about to begin seeing the effects of the $50 billion debt relief package agreed to at last year’s G8 meeting, but many still question if the aid will really make a positive difference. ...

Cover Story : Fighting Spirit

They’ve been called the new European tigers, but many nations in central and eastern Europe have experienced troubled times recently. Now they’re fighting back. Fueled by a surge in inward investment and growing international demand for new opportunities,economies in central ...

Cover Story : Investors Play The Waiting Game

Recent political turbulence gave potential investors pause for thought, but conditions in Ukraine are becoming much more investment-friendly. This has been a difficult year for Ukraine. First of all, it ended up in a painful and costly row with Russia ...

2005

Features : Banking on Responsibility

Lending Policies / Banking on Responsibility Increasingly, banks are discovering that strict lending policies can be a powerful risk management tool. Whether they are pulling together a complicated financing package for a hydropower dam half way around the planet or ...

Features : Country Report: Turkey

Turkey Ponders Future After Euro “No” Votes Turkey’s frantic rush to conform to European standards is faltering as the EU reconsiders its own future direction. Turkey is once again poised at a crossroads politically—and perhaps economically—as its decades-long quest to ...