Emerging & Frontier Markets Archives

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Emerging & Frontier Markets

Emerging Markets : Rush To Modernize Is Matched By The Race To Invest

CHINA Competition between Beijing and Shanghai to become China’s financial center intensified as Beijing officials launched a road show to lure European financial institutions to the capital. Although Shanghai is home to one of China’s two stock exchanges, ...

Emerging & Frontier Markets

Emerging Markets : Russia

Sechin: Russia's deputy prime minister and Rosneft chairman. In a signal that the Russian government is increasingly aware of the financial constraints it is facing, a top Kremlin adviser said that the state would not be bailing out any more ...

Emerging & Frontier Markets

Features: All change

REGIONAL FOCUS ASIA Asia’s economic powerhouses are shifting to a new economic model. The transition will be painful—but will also pay huge dividends. By Thomas Clouse Asia has played a starring role in the story of ...

Country Report

Features: Country report Russia

RUNNING ON EMPTY Russia is facing some tough decisions as it adjusts to a far more challenging economic and political environment. Just over a decade after Russia’s forced devaluation of the ruble and default on its ...

Country Report

Features: Country Report Turkey

ON A KNIFE EDGE TURKEY Turkey is well positioned to weather a global downturn, but it still faces some tough economic challenges. Tansan: Ankara must hold out for the best possible terms from the IMF. There was a ...

Capital Raising & Corporate Finance

Features: Local Heroes

TREASURY & CASH MANAGEMENT ASIA REGIONAL REPORT Many businesses in Asia were well prepared for the credit crunch, having learned some important lessons in previous regional crises. By Anita Hawser As the subprime crisis rocked the foundations of ...

Emerging & Frontier Markets

Newsmakers : Uncle Sam’s Southern Friend

Colombia Uribe: Washington’s ally Colombian president Alvaro Uribe, the conservative right-wing leader reelected in May, remains Washington’s closest ally in a region governed overwhelmingly by center-left administrations. Critics, however, assert that the 53- year-old attorney, educated ...

Country Report

Features : Country Report: Cyprus

SURVIVAL INSTINCT CYPRUS Cyprus’ leaders are tackling head on the challenge of maintaining economic growth during the current global downturn. Nicosia, Cyprus' capital, is gripping itself for an economic slowdown. Cyprus has experienced more than its fair share of ...

Economics, Policy & Regulation

Cover Story : The Party’s Over

LATIN AMERICA Once considered relatively immune to the global economic slump, Latin America is facing hard times as commodity prices crumble, trade dwindles and Venezuela’s oil-funded regional largess begins to dry up. On a roller coaster ride: Wild ...

Emerging & Frontier Markets

Emerging Markets : Africa

Zimbabwe has abandoned its "worthless" currency in favor of other currencies such as the US dollar. After years of trying to defend its near-worthless currency, the Zimbabwean government has abandoned foreign exchange and price controls. Zimbabweans will now be allowed ...

Emerging & Frontier Markets

Emerging Markets : Brazil

Brazilian oil giant Petrobras will use debt issuance to finance new offshore exploration. The Petrobras state-controlled oil company sold $1.5 billion of 10-year bonds on international markets in February. The deal, which carries a 7.875% coupon, was managed by HSBC, ...

Emerging & Frontier Markets

Emerging Markets : China

As economic growth tails off, China's unemployment level is rising sharply. China’s economic growth is tailing off as feared. Although annual growth in 2008 was 9%, fourth-quarter growth slowed to a seven-year low of 6.9% year-on-year, according to preliminary estimates ...