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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 ...

News

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 ...

News

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 ...

Economics, Policy & Regulation

Newsmakers : Darling’s Approach Winning Out On Global Regulation

UNITED KINGDOM Darling: Favors a collegiate cross-border regulation system. Britain’s chancellor of the exchequer Alistair Darling has been criticized for his handling of the Northern Rock bailout, and he is the subject of an Internet campaign ...

Capital Raising & Corporate Finance

Newsmakers : Soros Seeks To Tame Counterparty Risk

UNITED STATES George Soros: The "scariest" part of the current turmoil is CDSs. George Soros, founder and chairman of Soros Fund Management, warned the World Economic Forum in Davos in January that the world is facing its ...

News

Milestones : European Commission “alarmed” Over Lack Of Transparency

Europe McCreevy: Securitization makes risk get lost, not disappear Six months into the credit crunch, and with banks in other parts of the world such as India still announcing losses from the sub-prime crisis, the European Commission has ...

News

Milestones : Shekel To Become Fully Convertible

Israel All change: Israel’s currency is set to take its place in the world markets. The Bank of Israel has joined the New York-based CLS (Continuous Linked Settlement) Bank (a multi-currency bank supervised by the US Federal Reserve ...

News

Newsmakers : Ackermann Proposes Global Overseer

Germany Ackermann: Global watchdog could prevent market bubbles Deutsche Bank CEO Josef Ackermann suggests that creating a global financial sector watchdog could prevent an encore of the global market storm unleashed by the US subprime crisis. ...

News

Newsmakers : Airline Aims To Make Friends In High Places

Germany Hunt: Legacy airlines lock in customers with "bribery" In a move that is clearly aimed at drumming up corporate business, upstart UK-based business-class-only airline Silverjet has rolled out an innovative loyalty program that takes the benefits ...