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Editor’s Letter : Business As Usual
As Global Finance was going to press this month, the world's financial markets were in a terrible state...
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Banking
Newsmakers : Banks Face Call To Join Microfinancing Efforts To Ease Poverty
Global Microfinancing, which provides small collateral-free loans of between $15 and $200 to help people in poverty set up their own businesses, is increasingly taking center stage in the battle to eradicate poverty. At the fifth World Chambers ...
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Newsmakers : Few Cities Attain ‘knowledge Hub’ Status
Europe Stockholm: One of 15 knowledge hubs. With just over two years to go, the European Commission’s Lisbon Agenda initiative to transform Europe into the most competitive and dynamic knowledge-based economy in the world by 2010 appears to ...
Emerging & Frontier Markets
Newsmakers : The unsinkable mrs. K
Argentina Double act: Nestor Kirchner and the presidential hopeful, Mrs. K. Argentine First Lady and senator Cristina Fernández de Kirchner is poised to replace her husband, President Nestor Kirchner, in the top post in the October 28 ...
News
Newsmakers : ‘Helicopter Ben’ Refuses To Panic
United states Bernanke under pressure as he fends off calls for a rate cut. Federal Reserve chairman Ben Bernanke didn’t exactly call out the helicopters and dump bundles of money on Wall Street last month to keep the ...
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Milestones : London Takes The Lead For Commerce
Global London: The "epicenter of world commerce" London is perhaps best known for major tourist attractions such as Buckingham Palace, Tower Bridge and Madame Tussaud’s, but now it has a new moniker as the epicenter of commerce globally, ...
News
Newsmakers : Airbus Gets A Lift As New Orders Pour In
France Louis Gallois: Delivering good news Louis Gallois, president and CEO of Airbus, was all smiles at the Paris Air Show last month. Europe’s leading commercial aircraft manufacturer had some good news to announce—deals worth more than $40 ...
News
Newsmakers : Corporate Fraud On The Rise Despite Sox
United states Patrick Taylor: No "perfect solution" for fraud prevention Five years ago, in the wake of the Enron and WorldCom scandals, Sarbanes-Oxley (SOX) was enacted to prevent financial fraud. However, a recent survey of more than 80 ...
News
Editor’s Letter : The Great Enabler
The impact of technology is everywhere. Indeed, there are few areas of a modern company where technology is not enabling rapid and profound change...
News
Milestones : Interest Rates Hobble Spanish Businesses
SPAIN Spanish companies, which have been on a huge buying and expansion kick fueled by a strong domestic economy, face growing funding concerns as European Central Bank rate hikes look set to continue. As the economy is slowing, ...
Emerging & Frontier Markets
Newsmakers : Key Ipo Weathers Political Storm
TURKEY Gul: Nomination triggered a political crisis Turmoil sparked by the nomination of a suspected Islamist candidate for president in Turkey might have been expected to derail the long-anticipated l2.5 billion Turkish Lira ($1.86 billion) privatisation of the ...
Emerging & Frontier Markets
Newsmakers : Multilateral Malaise
LATIN AMERICA Hugo Chávez: Wants to see the World Bank out of Latin America While most media attention on the World Bank recently has focused on a political scandal that could spark the downfall of bank president Paul ...