Global news and insight for corporate financial professionals
Uphill Struggle By Laurence Neville Ukraine’s recovery appears impressive, but structural cracks remain that could derail it. At first glance, Ukraine appears to be in fine health. Having been at risk of collapse in the first stage ...
POPULIST MOVES SUGGEST PUTIN IS SETTING SIGHTS ON PRESIDENCY By Kim Iskyan Following gasoline shortages in late April in a number of regions, prime minister Vladimir Putin announced a sharp hike in export taxes on motor fuel as ...
MILESTONES: EUROPE By Anita Hawser How many central securities depositories (CSDs) does Europe need? The European Commission and the European Central Bank believe it is far fewer than the 40 CSDs currently scattered across the continent. The ...
Europe Capital Performance The past year has been one of continuing struggle for much of the European banking sector. After a bruising 2009, which was characterized by banking failures and government bailouts, 2010 brought the European sovereign debt crisis. ...
MILESTONES : RUSSIA By Kim Iskyan The much-maligned Russian investment environment may actually be on the verge of real improvement — if president Dmitry Medvedev has his way. Medvedev promises improvements in the business climate In late ...
Pause For Thought By Antonio Guerrero Recent popular uprisings in North Africa and beyond may be causing China to slow its headlong rush into the continent. Over the past decade, China has become a key source ...
Capital Flees In Fear Of Political Uncertainty By Kim Iskyan The specter of presidential elections in March 2012 has resulted in a sharp increase in capital outflows. Russian heavy vehicle market returns The specter of presidential elections ...
Enjoying The Good Times By Justin Keay Turkey is enjoying unprecedented economic stability and growth. Its biggest challenge is to maintain its balance. These days in most developed economies, the release of GDP figures is ...
EMERGING MARKETS INVESTOR: NEWS By Gordon Platt Higher oil prices, and the fact that Russia is the world’s largest oil producer outside the turbulent Middle East and North Africa region, have kept fresh money flowing into Russian equity ...
FOCUS: CEE KAZAKHSTAN By Jonathan Gregson Kazakhstan’s bold recovery plan and its efforts to stabilize its financial sector are paying off as the country establishes itself as a regional hub. If any country fits the broad concept ...
FOCUS: CEE ECONOMIC INDEPENDENCE By Vanessa Drucker Europe’s continuing sovereign debt crisis has left many non-members of the eurozone relishing their monetary independence. The eurozone debt crisis has taken a toll on financial markets worldwide, rattling investors’ ...
Global Finance Announces Best Banks by Region 2011 NEW YORK, April 8, 2011 – Global Finance magazine has announced its annual awards for the World’s Best Banks in Developed and Emerging Markets. For the first time, the selections will be ...
CENTRAL & EASTERN EUROPE: COMMODITIES CRUNCH By Jonathan Gregson Soaring commodities prices are changing the economic balance of Central & Eastern Europe and Central Asia. Faltering growth in some of the world’s biggest economies may be grabbing ...
MILESTONES: RUSSIA By Kim Iskyan A handful of impressive high-profile deals, coupled with signs that restrictions on foreign investment in Russia’s natural resources sector may soon be relaxed, suggest the Russian government may be dropping its long-standing resistance ...
CENTRAL BANK RESPONDS TO PUBLIC ANGER OVER RISING PRICES By Kim Iskyan Inflation in Russia hit 9.6% at the end of February—nearly double the rate posted in summer 2010—the country’s central bank finally responded, raising base interest rates ...
Global Finance names the World's Best Emerging Market Banks 2011 in Central & Eastern Europe NEW YORK, March 24, 2011 — Global Finance magazine has named the “Best Emerging Market Banks in Central & Eastern Europe” in an exclusive survey ...
ROUNDUP: RUSSIA By Kim Iskyan In mid-January, Russia’s key national oil company, Rosneft, and BP sealed a deal to swap shares and to jointly develop major oil fields in the Arctic. Falling: Siberian oil output Under the ...
NEWSMAKERS: POLAND By Jonathan Gregson Not only does Poland stand alone within the European Union in having delivered GDP growth through every quarter since 2008, but its intrinsically conservative banking system survived the crisis well. Jagiełło: Looking ...
ROUNDUP: RUSSIA By Kim Iskyan The US Senate in late December ratified the New START treaty, which calls for reductions in nuclear arms by both Russia and the US. Obama in New START with Russia The ...
MILESTONES: RUSSIA By Laurence Neville Russia spent much of 2010 in the doldrums. Russia: Poised for significant growth While its fellow BRICs—Brazil, India and China—stormed ahead, Russia lagged behind. The causes of its lethargy were varied, but ...