The quiet signing of three long-disputed US free trade agreements as unions on edge, writes Martin Morris, but signals opportunities for a number of industries
After much political wrangling, US President Barack Obama finally signed into law in October 2011 three separate free trade agreements (FTAs) with South Korea, Colombia and Panama. A signing ceremony announced for the White House Rose Garden was later swi...
The January gathering of billionaires must find answers, writes Selwyn Parker
Every year the founder of the World Economic Forum, Klaus Schwab, draws up a highly intellectual agenda to focus the minds of the heads of state, Fortune 500 chief executives, billionaires and heads of charities who attend its annual meeting in Davos, hig...
Today’s risk leadership must understand that risks cannot be managed in isolation but need integrated management and measurement
The crisis that has enveloped the world for the last three or so years has resulted in dwindling margins, a lack of alternative investment strategies, and an uncertainty surrounding organisational survival. All of these have resulted in a closer scrutiny ...
Twelve years into his Bolivarian Revolution, paratrooper president Hugo Chavez is heading for a crash landing
So now Venezuela’s President Chavez wants the gold. After twelve years in power, the former paratrooper has decided to repatriate the country’s 211 tonnes of precious metal in what looks like another desperate throw of the dice for arguably South Amer...
China has begun work on an 18-month reshuffle of its top economic and regulatory policy officials as part of a leadership transition that will see President Hu Jintao and Premier Wen Jiabao hand their posts to a younger generation
Sources and analysts with ties to China’s ruling elite say the political musical chairs among ministers, cabinet officials, agency chiefs and provincial governors is underway and will run its course by early 2013. In the meantime, with officials unsu...
India’s economy has not been immune to the turbulence felt in other markets lately. Inflation has raged, its stock market has
performed badly, and allegations of bribery are never far away.
However, analysts have identified areas of interest, worth
considering as a sound long-term investment option
In spite of a run of bad news, the US Assistant Secretary of State for South and Central Asia, Robert Blake, believes India is on its way to becoming the world’s largest economy by 2050. He recently observed at the Centre for Strategic and Internati...
Silicon Valley’s status as the ultimate tech haven is under threat. Anna Deacon looks at the countries threatening to take its place at the top, and the measures they’re taking to get there
The Silicon Valley – the world-famous bastion for technological innovation – might have passed its glory days. Facing increasing competition from emerging markets such as China and India, the tech haven is suffering a ‘brain drain’...
Europe is at the mercy of scrupulous credit ratings agencies while Brussels scrambles with the introduction of suitable regulations to combat their lethal effect
Pulitzer award winner Thomas Friedman famously said in 1996: “There are two superpowers in the world today in my opinion. There is the US and there is Moody’s bond rating service. And believe me, sometimes it is not clear who is more powerful....
The construction sector went into freefall in 2007, with losses amounting to $450bn. Recovery has been sluggish, but a construction boom is set to gather pace, with China, India and the US leading the way
Ever since the financial crisis eased its grip, the construction industry has been plagued with a seemingly incurable post-recession hangover. Staggering in its severity, the sharp decline in construction between 2007 and 2009 resulted in steep losses amo...
All eyes are on Brazil at the moment. Set to host the football World Cup in 2014 and the Olympic Games two years later, the pressure is on for the country to update its infrastructure. Anna Deacon looks into the initiatives put in place to achieve the goal
With its recent and meteoric rise in the field of oil production, and a wealth of other natural resources helping to increase its appeal more, foreign investors fall over themselves to form commercial partnerships with Brazil. This advancement only serves...
234.1% of GDP, pariah of debt markets, but with hopes for a healthy twelve months ahead
197.5%, hard-hit by the tsunami, and reeling from the internal corruption allegations
142.8%, possibly heading for default, and considered one of many eurozone bad boys
133.8%, deceptively, has a strong banking sector, but little more in an ailing economy
126%, hopelessly indebted banks and very little light at the end of a long and gloomy tunnel
119% of GDP, in need of reform, paying over 7% for its debt thanks to technocratic leadership
106%, to many an idyllic investment destination, a great borrower, repayer, and long term option
101%, no government for most of 2011 didn’t help a weak economy in dire need of stimulus
90%, high but it’s recovering from a long and protracted revolution and aiming high
82%, stronger countries like Germany are contaminated by the weakest. It could go on…