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Greece on the Mend: Investors Find New Land of Opportunity
The severely battered Greek economy is on the mend. A rebound may even be in the works. The same hedge funds that contributed in no small measure to Greece’s downfall are now seen as the engines of the country’s revival.
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Peter Blom of Triodos Bank: The Assimilated Radical
It’s the idealists you have to look out for. The more dishonourable aspects of the financial world might have been getting a bad rap as of late, but the harm this does pales in comparison to the damage wrought by
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Mark Carney: An Admirable Mind-Set at the Bank of England
Early February, Canadian banker Mark Carney spoke before the House of Commons Treasury Committee about his new job. The hearing was but a formality. Mr Carney’s appointment as the new Governor of the Bank of England had already been announced
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CFI.co Meets Nuno Amado
A Determined Leader for Challenging Times. In February 2012, Nuno Amado was elected Chief Executive Officer of Portugal’s largest private bank, Millennium bcp (Banco Comercial Português). Since then, Mr Amado has led the bank through a complex and challenging restructuring
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Islamic Banking: London’s City Finds New Calling
In a bid to attract a new category of investors and to become a leading centre of Islamic finance, the City of London has assembled a task force to spread the word on Sharia-compliant banking. “The aim of our task
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World Bank Initiative for a Low Carbon Future
The World Bank has announced a new Low-Carbon Liveable Cities (LC2) Initiative to support developing country cities around the world in their efforts to plan low-carbon, climate-smart development and get finance flowing. The initiative – which aims to reach 300
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IPPC Report on Global Warming: Formidable Effort in Juggling with Fuzzy Numbers
In about 25 years the world will have used up its remaining “carbon credit” for the current century. Additional emissions will contribute to global warming beyond the tipping point of two degrees (C), the safety threshold used by most scientists
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CBI: Great Expectations on the UK High Street But Not Out of The Woods Yet
High-street sales continued to grow strongly in the year to September, at the fastest pace since June 2012, and exceeded already solid expectations, according to the CBI’s latest monthly Distributive Trades Survey of 111 firms. This was the third consecutive
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WTO Forecasts Gradual Recovery Despite Cut in Trade Forecasts
World trade growth in 2013 and 2014 is likely to be slower than previously forecast. WTO economists now predict 2013 growth of 2.5% (down from the 3.3% forecast in April) and 4.5% in 2014 (down from 5.0%), but they say
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Global Interconnections and Spillovers
Extracts from a Speech By Christine Lagarde, Managing Director, International Monetary Fund U.S. Chamber of Commerce, September 19, 2013 I. The Global Economy Today I recently returned from the G-20 Summit in St. Petersburg—where I know that the Chamber was
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