Peru has defied the global trend of economic decline and enjoyed a steady period of growth
A 14.9 percent tax revenue increase and the blessing of Fitch with a BBB rating on its sovereign debt has had Peruvians celebrating the most successful economic year in the country’s history. Peru’s economy continues growing at a stellar rate. Desp...
There have been significant developments to the arbitration regimes in both Hong Kong and China, which will enhance both countries’ reputations and competitiveness in this area
HONG KONG Premier arbitration centre When it comes to arbitration, Hong Kong has reaped the rewards of an advanced arbitral regime that began with the UK’s accession to the New York Convention on its behalf in 1977 (when the territory was still a Briti...
Legal know-how must be complemented with a distinguished business approach and custom-service thinking
Comprising 42 associates and four partners, Esin Attorney Partnership (EAP) is a member firm of Baker McKenzie International. A Swiss Verein (association), it is ideally positioned to assist clients in cross-border transactions.The firm’s main pract...
Companies in this promising market need a legal partner that can align with their business goals and identify efficient paths to productivity
As a developing region, Latin America is a marketplace where consistent investments and major transactions are being implemented. Businesses throughout the region are involved in local and multinational projects, which present both opportunities and risks...
The European Commission has praised Montenegro’s improved institutional and legal framework
Law Office Ana Kolarevic has been recognised for years as the leading corporate law firm in Montenegro and as one of the best law firms in south-east Europe. Ms Kolarevic personally has been recognised as the best lawyer in Montenegro, and was awarded The...
The expansion of financial markets as well as the technology revolution has increased the speed at which we access information. And each branch of the law is implicated
During the last two decades of the 20th century and the first decade of the 21st, the world has changed more than in the previous 200 years. The globalised world has interrelated its inhabitants and institutions in an economic, social and political way...
Switzerland’s economy is robust and benefits significantly from its liberal trade agreements – particularly so during recent years
Switzerland remains a solid location for financial and corporate investments. While the country officially went into recession early in 2009, the Swiss economy recovered quickly, and did not experience a severe credit crunch as seen in other parts of the ...
Bank secrecy is losing the battle against government greed. Solutions must be found
It is difficult to find a subject of a tax nature which raises so many passions as that of bank secrecy. It is true that, in this field, principles and symbols confront in the most evident manner.On one side, there are those who consider that the state mu...
A recent law enables foreign legal firms to establish local offices or joint ventures in the island nation, providing a good base for international legal prominence
As a former French and British colony, the legal system in Mauritius has been influenced to a large extent by the legal systems of both countries. The hybrid legal system is governed by the French Civil Code and English common law. Company law, trust law,...
Latin America has emerged as one of the globe’s most economically vivacious areas. And arbitration reform is a welcome pill to the business community
Opting for arbitration over costly litigation as a foreign company in Costa Rica has not always been easy. But a new arbitration law in Costa Rica has triggered a huge sigh of relief among the country’s legal community. Oller Abogados is certainly h...
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…