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Emerging & Frontier Markets

Global Salon: Francisco Ferreira

SIDESTEPPING THE BOOM AND BUST By Tiziana Barghini Global Finance sat down with Francisco Ferreira, chief economist, Africa, at the World Bank, to discuss the continent’s economic outlook. The pace of growth in Africa hovered around an impressive ...

Capital Raising & Corporate Finance

Poland: Longtime Finance Minister Axed

NEWSMAKERS By Justin Keay There were few raised eyebrows when Poland’s premier Donald Tusk replaced his longtime Finance minister Jacek Rostowski with 38-year-old Mateusz Szczurek in a major cabinet reshuffle on November 20. Disagreements between Tusk and Rostowski ...

Emerging & Frontier Markets

Polls & Stats: Africas Slippery Slope

“A $30 decline in oil price over the baseline level shows that, among developing regions, Sub-Saharan Africa is the most impacted, with GDP growth declining by some 1.3 percentage points and current account balances worsening by 4.5 percentage points ...

Economics, Policy & Regulation

The Most Unpopular Man In Bali?

NEWSMAKERS KA Badarinath World powers represented by US, EU and Japanese trade ministers openly disliked him. They held 60-year-old Indian trade minister Anand Sharma squarely responsible for holding up the World Trade Organization’s Doha Development Agenda discussions at ...

Economics, Policy & Regulation

The Return Of Ratings Shopping?

MILESTONES By Luca Ventura The announcement came early in November. Expressing the intention to break the monopoly of the Big Three in the financial ratings industry, credit ratings organizations from five countries proclaimed the launch of ARC Ratings, ...

News

Westerner To Run Japans Takeda?

NEWSMAKERS By Gilly Wright Japan’s largest pharmaceuticals firm, Takeda, has appointed Frenchman Christophe Weber as COO in a highly unusual move designed to groom him for the role of CEO. Weber will join the firm in April 2014, ...

Economics, Policy & Regulation

An Odd Twist In The Geopolitics Of Gas

Global energy markets are attending closely to recent natural gas discoveries in the eastern Mediterranean and their implications for the availability and pricing of energy resources.

Capital Raising & Corporate Finance

Apple Turns To Celebrity CEO

When Apple announced back in October that it had hired Burberry CEO Angela Ahrendts to lead its retail operations, the initial shock among analysts and investors wore off quickly. Though it was a surprise move, it made perfect sense.

Capital Raising & Corporate Finance

Blackberry Not Seeking A White Knight

John Chen, 58, is taking over as the interim CEO of BlackBerry, the Canadian mobile-phone company that only four years ago was one of the fastest-growing technology companies in North America and is now fighting for survival. But what he can achieve there is anybody’s guess.

Capital Raising & Corporate Finance

Caterpillar CEO Riding Out Slump

As third-quarter profits plunged 44%, US heavy equipment-manufacturer Caterpillar slashed its 2013 profit forecast for the third quarter in a row. Caterpillar is being hit with lower demand in nearly all its major business sectors, but about three-quarters of the drop in sales were the result of lower sales of mining equipment.

Capital Raising & Corporate Finance

Cover: Manufacturing’s New Lease On Life

American and foreign manufacturers alike are investing billions of dollars all across the United States, as the world’s most competitive economy shows tantalizing signs of recovery. Rising labor costs in other parts of the world means reshoring is gathering pace.

Economics, Policy & Regulation

Europe: Dark Clouds Down South

While Central Europe appears to be recovering from the effects of the global economic downturn, Southeastern Europe is in for a rougher ride.