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Emerging & Frontier Markets

Emerging Markets : China In Olympian Bid For Global Respect

China opened the 29th Olympic Summer Games in Beijing on August 8 with a ceremony incorporating 15,000 performers and 29,000 fireworks shells and attended by US president George Bush, French president Nicolas Sarkozy and other world leaders. China spent a ...

Emerging & Frontier Markets

Emerging Markets : Communist Parties Give Economic Reforms A Boost

INDIA     Manmohan Singh: Has more scope to enact reforms. India’s ruling coalition, the United Progressive Alliance (UPA) led by Manmohan Singh, survived a vote of no confidence in late July after the three communist parties in parliament said ...

Emerging & Frontier Markets

Emerging Markets : Putin’s Comments Unnerve Investors

RUSSIA     Headline risk in Russia returned with a vengeance over the summer as global oil major BP struggled with its Russian partners over control of its TNK-BP oil company joint venture. After an extended battle, the head of ...

Emerging & Frontier Markets

Emerging Markets : Zimbabwe’s Zero-Sum Game

AFRICA     All change: Zimbabwe's coins have value again. With hyperinflation eroding the nation’s economy, Zimbabwe’s government is taking desperate measures. It lopped off 10 zeros from the Zimbabwe dollar, as inflation is now running at 2.2 million percent ...

Award Winners

Features : Internet Bank Awards

In the first of a two-part series, Global Finance identifies the best online corporate and consumer banks by country and regionally by product or service category.   Times have been hard recently for banks’ information technology departments. The collapse of ...

Emerging & Frontier Markets

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 ...

News

Newsmakers : Calderón Aide Takes Top Economy Job

MEXICO     Mexico's president Felipe Calderón is hoping Ruiz can help get the economy back on track. Faced with the fallout from the US economic slowdown, Mexico’s president, Felipe Calderón, appointed former businessman Gerardo Ruiz to the country’s top ...

News

Editor’s Letter: Carbon Cop-out

Few people would now argue that something needs to be done to arrestand perhaps reversethe growth of emissions that are contributing to global climate change...

Emerging & Frontier Markets

Emerging Markets : Kenya Calling

AFRICA           Kenya's mobile communications industry flourishes following IPO of Safaricom. A June IPO by Kenyan mobile operator Safaricom was oversubscribed by 532%, according to Kenya’s finance minister Amos Kimunya. The government exercised a provision allowing ...

Emerging & Frontier Markets

Emerging Markets : Markets Suffer As Prices Rise

INDIA               RBI governor YV Reddy may tighten interest rates.   Indian banks have continued to grow credit at a very rapid pace since the start of the new fiscal year on April 1. ...

Emerging & Frontier Markets

Emerging Markets : Medvedev Makes His Mark

RUSSIA               Russia's new president Dmitry Medvedev, on his first international outing, with German leader Angela Merkel.   Newly anointed Russian president Dmitry Medvedev used his first foreign visit—to Germany—to signal the Kremlin’s continued ...
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