Mark Townsend, Author at Global Finance Magazine

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Capital Raising & Corporate Finance

HAS IRAN FINALLY COME IN FROM THE COLD?

Milestones | Iran It may have taken 12 years to reach, but the framework agreement struck between the so-called P5+1 (Russia, China, France, Britain, and the US, plus Germany), the European Union and Iran has enough momentum, say analysts, to yield a full accord by June 30.

Capital Raising & Corporate Finance

SINGAPORE | LIFE AFTER LEE

Milestones | Singapore During the state funeral cortege of Lee Kuan Yew, Singapore’s founding prime minister, Singaporeans were urged to salute rather than take photos using their smartphones, a vivid reminder of the government’s preoccupation with political correctness.

Country Report

KUWAIT: A RACE FOR ECONOMIC DIVERSIFICATION

Kuwait | Country Report Kuwait is at a crossroads. Despite huge financial reserves, the Persian Gulf state must speed up project implementation to revive a stagnant economy far too dependent on oil revenues.

Economics, Policy & Regulation

MIDEAST: REDUCING HYDROCARBON DEPENDENCE

Middle East | Emerging Markets Regional Review The drop in oil prices is likely to affect public spending in the rentier states of the Persian Gulf, and pressure is mounting on governments to reduce economic dependency on hydrocarbons.