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Editor’s Letter : Dear Reader
In our cover story this month we look at the changing nature of globalization and the impact it is having on the balance of political and economic power across the world...
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Features : Divided Growth
COUNTRY REPORT / THE PHILIPPINES Despite strong growth in some areas, the Philippines struggles with high unemployment and a widening...
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Features : Market Forces
TREASURY & CASH MANAGEMENT / LIQUIDITY MANAGEMENT Global banks are devising innovative solutions to help multinationals marshal their cash reserves....
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Features : New Avenues For Growth
REGIONAL REPORT / NORDIC BANKING Facing increasing competition, banks within the Nordic region are looking to new products and new...
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Milestones : Banker Bags Peace Prize
BANGLADESH/NORWAY Yunus developed Microcredit while working as an economist in Bangladesh Norways Nobel Institute broke with tradition in October when,...
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Milestones : Banking With A Human Face Comes Naturally To Aub
KYRGYZ REPUBLIC Mikhail Nadel, AUB chairman The mentally disabled children of the Belovodsky psychoneurological boarding institution got new shoes and...
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Milestones : How Microcredit Works
The Microcredit loan mechanism works by providing very small loans that are repayable in weekly installments spread over a year....
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Milestones : Strong Growth Triggers Ratings Upgrades
DOMINICAN REPUBLIC The Dominican Republics beaches are helping to drive tourism growth Strong economic growth and responsible fiscal policies have...
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Newsmakers : New President Finds Early Days Are Hard
MEXICO President-elect Filipe Caldern When Mexicos Electoral Tribunal in September declared Felipe Caldern the official winner of the nations hotly...
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Newsmakers : Tmk’s Financial Sleight Of Hand Might Cause Downgrade
RUSSIA Pumpyansky: Rattling investors The worlds third-largest oil and gas pipe producer Trubnaya Metallurgicheskaya Kompaniya (TMK) is heading to market...
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EM Roundup : Debt Repayment Highlights Economic Recovery
RUSSIA Finance minister, Alexei Kudrin In mid-August Russia completed the early repayment of its Soviet-era debt to the Paris Club,...
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EM Roundup : India – Takes The Plunge With Trans-Asia Natural Gas Pipeline
INDIA Ratan Tata, head of Tata Group Tata Tea Ltd (TTL), Indias largest and the worlds second-largest tea processing and...