
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
BACK FROM THE BRINK Emerging European economies are starting to recover from a steep and painful slowdown. By Justin Keay For those of an anxious disposition, emerging Europe last year was an uncomfortable place, with the risk ...
ECONOMY BOUNCES BACK A surge of growth late last year has accelerated in 2010, and there are reasons to believe the rebound can be sustained. By Gordon Platt Turkey is on a winning streak. In March this ...
Russia By Simon Watkins Shuvalov: Grand designs for Russia’s currency While the rest of the world focuses on the future of the dollar and the euro—and perhaps the renminbi—Russia is hatching a plan that could markedly alter the ...
Roundup By Kim Iskyan In a jam: Economic crisis hit Russia’s car market hard In late February prime minister Vladimir Putin rebuked four Russian oligarchs with significant investments in the country’s power sector for not following through on ...
Europe By Justin Keay Schäuble: Europe should be able to save itself Growing concern over the indebtedness and burgeoning fiscal deficits of some European countries has led Germany’s finance minister, Wolfgang Schäuble, to propose the establishment of a ...
Global Finance names the 2010 World's Best Emerging Market Banks in Central and Eastern Europe NEW YORK, March 23, 2010 — Global Finance magazine (www.gfmag.com) has named the "Best Emerging Market Banks in Central & Eastern Europe" in an ...
Europe By Justin Keay Torres: Green and digital technologies may fill growth gap With the most serious global recession since the 1930s slowly coming to an end, European policymakers are now focusing on the post-crisis landscape. The view ...
Europe By Laurence Neville Drying up? Investors may shun European IPOs After months of increasing excitement among equity capital market (ECM) bankers about the prospects of a bumper first quarter of IPO issuance in Europe in 2010, events ...
Roundup By Kim Iskyan Medvedev : Budget focuses on short-term measures The long-anticipated IPO of Russian aluminum producer Rusal was delayed until the first half of 2010 after the Hong Kong stock exchange declined to approve the ...
EMERGING MARKETS FOCUS: CENTRAL & EASTERN EUROPE For most Central and Eastern European countries, 2009 turned out to be every bit as bad as expected. The region’s prospects for the coming year are mixed, at best. By Justin ...
Lebanon/Syria/Turkey By Nick Kochan Yilmaz: Turkish banks were ready for leverage crisis The evolution of Turkey’s role in the Middle East and beyond was clearly on display at a late-October risk management conference in Beirut. The guest speaker ...
Russia By Kim Iskyan Heavy burden: Deripaska’s empire is weighed down with debt Oleg Deripaska’s plans to float Rusal, the world’s largest aluminum company, in a December IPO are facing serious turbulence. The company, according to some metals ...
Roundup By Kim Iskyan Avtovaz: Struggling to survive in market downturn Russian government officials have sounded increasingly optimistic notes about the country’s macroeconomic situation, as strong oil prices are likely to result in a lower budget deficit than ...
Roundup By Kim Iskyan Beating the booze: President Medvedev takes aim at alcoholism In early October Norway’s Telenor and Russian investment vehicle Alfa Group announced an agreement to merge VimpelCom and Kyivstar, their jointly controlled Russian and Ukrainian ...
Hungary By Justin Keay Bajnai: Credited with pulling Hungary back from the brink Its economy could contract by 6.7% this year and 0.9% in 2010, foreign debt is at record levels and the public mood very sour, but ...
Russia By Kim Iskyan United front: Putin and Medvedev stand together Outside of Hollywood, there are few relationships that are watched more closely than that between Russian prime minister Vladimir Putin and his protégé—and boss, theoretically— president Dmitry ...
Global Finance ranks the Biggest Emerging Market Banks by Region. NEW YORK, October 16, 2009 — As the world’s key emerging markets continue to drive the global economy out of recession, Global Finance unveils its second annual Global Finance 200, ...
DYNAMIC GROWTH POTENTIAL Turkey’s leaders have been actively promoting inward investment—with resounding successful results. By Gordon Platt Turkey is rolling out the red carpet for foreign investors, hoping to capitalize on its considerable growth potential once the ...
By Gordon Platt Contributing Writer gplatt@gfmag.com With a motivation for continuing reforms and a strong banking system, Turkey is well positioned to take advantage of the global economic recovery. Its strategic location and the security ...
Roundup By Kim Iskyan Workers survey the damage after August’s hydropower dam disaster The Russian economy continued to show signs that it was coming out of recession, as GDP posted growth of 0.5% compared with June on a ...