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Editor’s Letter: Carbon Cop-out
Few people would now argue that something needs to be done to arrestand perhaps reversethe growth of emissions that are contributing to global climate change...
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Milestones : Banks Struggle To Raise Cash
EUROPE UBS: Its third cash call, this time to investors, was successful. Almost a year after the US subprime crisis burst onto the wider global stage, Europe’s banks are paying ...
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Milestones : Copper Giant In Sell-off Talks
CHILE Chile's state-owned copper mine, Codelco, faces opposition over privatization plans. With the long wave of Latin American privatizations seemingly coming to an end, Chile looks like it might be about to ...
Emerging & Frontier Markets
Newsmakers : Charity Partner In Second Mission To India
INDIA/UNITED STATES Global Finance's sponsored charity, Amrit Davaa, delousing children at Manjushree orphanage. In early June Global Finance’s partner charity Amrit Davaa embarked on its second mission to Tawang, a ...
Emerging & Frontier Markets
Newsmakers : Leaders Line Up Presidential Candidates
URUGUAY Danilo Astori: Businesses' "darling" in presidential race. Unable to seek reelection, Uruguayan president Tabaré Vázquez has tipped his finance and economy minister to be the ruling Frente Amplio (FA) coalition’s candidate ...
Emerging & Frontier Markets
Newsmakers : Military Pension Fund Spreads Its Wings
TURKEY Coskun Ulusoy: Army pension fund looks beyond Turkey, but not Asia. While pension funds in Europe and other parts of the world are being told to raise their game in order to make up investment ...
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Newsmakers : “CEO of Korea” Tripped Up On Us Beef Deal
SOUTH KOREA Lee Myung-bak: Beef deal sees president's approval rating plunge. Lee Myung-bak, the former Hyundai executive who was elected president of South Korea by a landslide last December, refers to himself as “CEO of Korea.” His ...
Emerging & Frontier Markets
Newsmakers : In The Hot Seat
<p>ARGENTINA Fernandez: His appointment unsettled financial markets. As he slips into the seat occupied by four others in less than a year, Argentina’s new economy minister, Carlos Fernandez, faces the unenviable task of restoring confidence in his government’s economic ...</p>
Emerging & Frontier Markets
Newsmakers : Paraguay Joins The Leftist Club
PARAGUAY Lugo: Promising to improve Paraguay's international standing. Paraguayan president-elect Fernando Lugo, a former Catholic bishop, is the newest member of Latin America’s growing list of left-wing leaders. He faces serious challenges in a country that, until his ...
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Newsmakers : Putting A Roof On Energy Bills
UNITED STATES Naimon: Companies are keen to use third-party finance. As the solar energy industry struggles to improve its photovoltaic technology, a viable financing model may provide the missing link to the market. Almost two years ago, HSH ...
Capital Raising & Corporate Finance
Newsmakers : US Targets Trade Finance
UNITED STATES/IRAN Mancuso: Warns banks to be aware of their clients' activities. Mario Mancuso, head of the US Bureau of Industry and Security (BIS), sent global bankers scurrying last month to check that they were doing no trade ...
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Features : Funds Managers
FUNDS MANAGERS SPONSORED ROUNDTABLE Global Finance brings together a group of experts to discuss recent developments in the industry. Global Finance: SEPA credit transfers went live on January 28 of this year. What has been the experience of banks and ...