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Newsmakers: Asia’s Economic Titans Promise Closer Ties

Asia By Thomas Clouse Lee Myung-bak, Wen Jiabao and Yukio Hatoyama in Beijing China, Japan and South Korea have pledged to work more closely with each other on issues ranging from economic development to environmental protection and nuclear ...

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Newsmakers: Central Bank Governor Tries To Shame Bankers On Pay

United Kingdom By Gordon Platt King: Lambasting banks for their lavish bonuses After bungling his handling of the Northern Rock crisis in 2007, Mervyn King, governor of the Bank of England, was blamed for creating the crisis that ...

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Newsmakers: Veiled Comments Cloud Russia’s Leadership Question

Russia By Kim Iskyan United front: Putin and Medvedev stand together Outside of Hollywood, there are few relationships that are watched more closely than that between Russian prime minister Vladimir Putin and his protégé—and boss, theoretically— president Dmitry ...

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Sources for Country Economic Reports & GDP Data

Sources and Links DATA ON GDP AND ECONOMIC INFORMATION Central bank Bank for International Settlements International Reserves IMF World Bank Gross Domestic Product - GDP International Monetary Fund (IMF) - World Economic Outlook April 2012 GDP (Purchasing Power Parity) International ...

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Editor’s Letter: The Perils Of Progress

At last, after months of uncertainty, countries around the world are beginning to quietly unwind their stimulus programs, suggesting that those in the know are confident the worlds economy is no longer about to implode...

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Newsmakers: Economic Gloom Deepens As Honduras Crisis Continues

Honduras Antonio Guerrero Zelaya: Garnering interna tional supprt After Honduran soldiers stormed leftist president Manuel Zelaya’s home in June and he fled into exile, many speculated the Central American nation’s economy was poised for growth. After all, Zelaya ...

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Newsmakers: Potential Lula Successor Clears Legal Hurdle

Brazil Antonio Guerrero Palocci: Stillfacing more corruption allegatio ns Former Brazilian finance minister Antonio Palocci has won a political victory after the country‘s Supreme Court dismissed charges that he violated bank secrecy laws. The ruling could put Palocci, ...

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Newsmakers: UK Regulator Lashes Out At Bankers

United Kingdom Justin Keay Turner: City of London engages in “socially useless activity” A year has passed since the near implosion of the world’s financial system, and intelligent opinion in Britain remains divided between those wanting the City ...

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Editor’s Letter: Out Of The Woods?

It is entirely fitting that 2009, the 150th anniversary of the publication of the Charles Darwins On the Origin of Species, should turn out to be a particularly Darwinian year...

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Newsmakers: Fixing The Missing Link in Banks’Pay-For-Performance Goal

UNITED STATES By Gordon Platt Bisson: Banks are too reliant on stock options The populist uprising against paying big bonuses to top executives of banks bailed out with taxpayer money is in large part warranted, according to a ...

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Newsmakers: Us Takes Aim At Trade Gap To Boost Employment

UNITED STATES/CHINA By Gordon Platt Kirk: Facing key decision on trade barriers US Trade Representative Ron Kirk hailed the World Trade Organization’s dispute panel’s ruling in August against China’s system of importing and distributing books, magazines, films, DVDs, ...

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BEST SUB-CUSTODIANS – 2009

NEW YORK, May 12, 2009 Global Finance magazine has released its seventh annual ranking of the Best Sub-Custodians. This exclusive...