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World Economic Forum Calls for Resilient Dynamism
David Cameron, Angela Merkel and the prime ministers of Russia and Italy will address the World Economic Forum Annual Meeting, 2013 in Davos Switzerland (Jan23 – 27) under the theme Resilient Dynamism. “To be resilient is to adapt to changing
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IFC Study: Obstacles to Growth and Job Creation
A new study by IFC, a member of the World Bank Group, finds that much-needed jobs in developing countries can be created at a faster rate if policy makers and development institutions make it a priority to remove the key obstacles to
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Phased Time Table for Liquidity Coverage Ratio
A Basel Gift for EMEA? The Basel Committee governing body endorsed the revised Liquidity Coverage Ratio (LCR) on 6th January 2013. The LCR is an essential component of the Basel III reforms, which are global regulatory standards on bank capital
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Investors Strongly Bullish on EMs
A December, 2012 Society Generale monthly survey covering 52 customers throughout Asia, Europe and the United States suggests that investors are strongly medium-term bullish on emerging markets. The confidence shown by around 90 per cent of the 30 real money
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UN Downgrades Economic Forecasts for 2013/14
World economic growth has weakened considerably during 2012 and is expected to remain subdued in the coming two years, according to a United Nations report in late December, which calls for policy changes to spur growth and tackle the jobs
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Poland Welcomes Migrant Workers
The only EU member state to avoid recession during the 2008/9 economic crisis, Poland looks set to become a magnet for migrant workers. Offering some relief following the mass emigration of their own people to other European countries, Poles are
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Global Investing: Italy or Singapore?
Many European countries have declining population growth and onerous business regulations. This creates a headwind against the region’s share prices. Many Asian countries have healthy population growth and are embracing free markets. This creates a tailwind behind the region’s stock
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Europe Has Nothing to Fear but Fear Itself
By Klaus Schwab, Dec 14th 2012 The eurozone will not break up. The price of departure is simply too great for any one country. Indeed, when Mario Draghi announced on 6 September that the European Central Bank (ECB) would undertake
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EU Receives 2012 Nobel Peace Prize
The European Union (EU) received the 2012 Nobel Peace Prize on Monday in recognition of over six decades’ contribution to the advancement of peace and reconciliation, democracy and human rights in Europe. The EU ambassador to Tanzania Mr Filiberto Sebregondi
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Norway’s Prime Minister Jens Stoltenberg: Need to see Renewed Growth in the EU
On Monday Dec 10th Norway’s Prime Minister Jens Stoltenberg hosted a working lunch for EU leaders who will be in Oslo to attend the Nobel Peace Prize Award Ceremony. The economic situation in Europe had been chosen as the theme
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