Milestones : IMF Seeks To Buff Up Tarnished Image

UNITED STATES       IMF: Many view it as responsible for causing, not reducing, poverty. The International Monetary Fund (IMF) is not likely to win any popularity contests anywhere in the world these days. Emerging market governments have been ...

Cover Story: African stepping up

AFRICAN INFRASTRUCTURE FINANCE Sub-Saharan Africa’s economic development is still constrained by a historic dearth of infrastructure investment. Private sector investors might be able to provide the hitherto missing link.       Controversial development: Dams such as the Kariba on ...

Features : Balancing Act

COUNTRY REPORT / TURKEY Turkey’s Islamist government has narrowly avoided a constitutional crisis, but it is still treading a fine line in its quest for economic progress.   When Turkey’s constitutional court dismissed a move in July to outlaw the ...

Features : Power Play

ANALYSIS / RUSSIA’S GEORGIA GAMBIT Russia’s recent assault on Georgia raises some scary prospects for European nations dependent on energy supplies from West Asia.     Double act: Vladimir Putin passed the presidency to Dmitry Medvedev but still retains much ...

Features : The perils of prosperity

ECONOMIC UPDATE / CHINA As the dust settles after the Olympic games, China is facing a less certain economic future.     Relentless progress: Construction work in Beijing's booming central business district. China opened the 29th Olympic games on August ...

Milestones : Rating Downgrade Bucks Local Trend

ARGENTINA   Don't cry for me: Kirchner's woes deepen as inflation accelerates. While Peru and Brazil crossed the investment-grade threshold this year, Argentina is moving in the opposite direction. Ratings agency Standard & Poor’s downgraded Argentina’s foreign and local long-term ...