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Economics, Policy & Regulation

Newsmakers: Bringing Back The Old Guard At P&G

NEWSMAKERS: US By Luca Ventura When AG Lafley handpicked Robert McDonald as his successor to the top post at Procter & Gamble in 2009, he could not have predicted that just four years later he would be called ...

Economics, Policy & Regulation

Newsmakers: President Goes Toe To Toe With The IMF Over Financials

NEWSMAKERS: ARGENTINA By Paula L. Green Argentine president Cristina Fernández de Kirchner isn’t afraid to tangle with the British, global bondholders, her own judicial system or even the International Monetary Fund. Fernández de Kirchner has until September to ...

Banking

Newsmakers: Program Of Reform Brings Pain And Gain

NEWSMAKERS: LATVIA By Gilly Wright Praised by both the EU and the IMF for passing painful austerity measures, Latvian prime minister Valdis Dombrovskis will soon be rewarded by seeing his country become the 18th member of the eurozone. ...

Banking

Salon: Izzet Bensusan, Karbone

<p>TRADING IN THE GREEN By Udayan Gupta At Global Finance ’s monthly Salon, Izzet Bensusan, executive director of renewable-energy investment boutique Karbone, discussed the market dynamics, financing and investment oppor-tunities for alternative energy. PHOTO: KATE FREY Given a politically ...</p>

News

Back Page: Polls and Stats – Key US Economic Indicators Are Starting To Rebalance

“Pent-up demand is now showing up in key indicators. In pole position is the US economy, where multiple indicators show...

Banking

Cover: New Role For Central Banks?

UNINTENDED CONSEQUENCES By Udayan Gupta The world’s central banks are on a desperate mission to stave off deflation. But even if their short-term fixes work, the long-term outcomes may have unplanned results. Central banks are in an ...

Capital Raising & Corporate Finance

Milestones: Japan Joins Talks On World’s Biggest Free-Trade Zone

MILESTONES: GLOBAL By Erik Heinrich Japan has been invited to participate in negotiations that extend the reach of Nafta into South America and the Asia Pacific region. Other members of the Trans-Pacific Partnership (TPP), expected to be the world’s ...

News

Milestones: Luxembourg Opens Up Once-Sacred Banking Sector

MILESTONES: LUXEMBOURG By Forrest Jones Another tax haven is set to unveil its operations, this time in Western Europe. Luxembourg recently agreed to share confidential banking details belonging to multinational companies with its neighbors. The move, which will help ...

Emerging & Frontier Markets

Milestones: National Front Wins Contested Election

MILESTONES: MALAYSIA By Thomas Clouse Malaysia’s National Front coalition will extend its 56-year reign by another five years after maintaining its parliamentary majority in a tightly contested and controversial election. The National Front, a group of political parties led ...

Banking

Milestones: Private-Sector Banks Rake In Profits In Iraq

MILESTONES: IRAQ By Gordon Platt The five largest nongovernmental banks in Iraq posted a 207% increase in aggregate earnings between 2010 and 2012, thanks to the country’s strong economic growth and increasing demand for credit, according to a report on ...

News

Newsmakers: Can Letta Save Italy From Austerity?

NEWSMAKERS: ITALY By Gilly Wright “Italy is dying from austerity alone. Growth policies cannot wait,” announced Italy’s new premier, Enrico Letta, in his first keynote speech. Can Letta pass reforms with weak coalition partners? Saying that priorities would ...

Capital Raising & Corporate Finance

Newsmakers: Finance Minister Has His Work Cut Out For Him

NEWSMAKERS: VENEZUELA By Paula L. Green Everyone from consumers weary of battling rising inflation to importers wrestling with a devalued currency and foreign and domestic investors whose companies were nationalized will have a stake in the actions Nelson José Merentes ...