Legal

Marroquin & Merino: Reflecting on Peru’s successful year

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...

All change for arbitration in Far East, says Mallesons Stephen Jaques

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...

Esin Attorney Partnership on business principles

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...

Andrioli e Giacomini: legal services must be able to adapt

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...

Law office Ana Kolarević: EU report commends Montenegrin progress

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...

KPMG Peru: tax law and the implications of globalisation

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 benefits from free labour movement, capital flows

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 and tax planning an intimate relationship, says Afschrift Law

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...

Erriah Chambers offers international business law expertise in Mauritius

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,...

What Costa Rica’s legal reforms mean

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...

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Zimbabwe

234.1% of GDP, pariah of debt markets, but with hopes for a healthy twelve months ahead

Japan

197.5%, hard-hit by the tsunami, and reeling from the internal corruption allegations

Greece

142.8%, possibly heading for default, and considered one of many eurozone bad boys

Lebanon

133.8%, deceptively, has a strong banking sector, but little more in an ailing economy

Iceland

126%, hopelessly indebted banks and very little light at the end of a long and gloomy tunnel

Italy

119% of GDP, in need of reform, paying over 7% for its debt thanks to technocratic leadership

Singapore

106%, to many an idyllic investment destination, a great borrower, repayer, and long term option

Belgium

101%, no government for most of 2011 didn’t help a weak economy in dire need of stimulus

Egypt

90%, high but it’s recovering from a long and protracted revolution and aiming high

European Union

82%, stronger countries like Germany are contaminated by the weakest. It could go on…