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From Lebanon to Brazil – Joseph Safra
A Global Presence The Safra family fortune – today expressed in billions of dollars – originated on the dusty tracks of the well-trodden camel route between Aleppo, Syria and Istanbul. At the dawn of the 20th century, Jacob E. Safra,
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UN Member States Receive Report on Finance for Sustainable Development
The General Assembly formally received an expert report on August 19, 2014 setting out options that can be weighed by Member States on ways to finance the United Nations-driven sustainable development agenda, which will aim to improve people’s lives and
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Otaviano Canuto, World Bank Group: Commodity Super Cycle to Stick Around a Bit Longer
Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on US natural gas prices) have remained relatively high over the last
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Gabriel García Márquez (1927-2014): A Farewell to the Patriarch of Literature
It is a rare genius who can encapsulate in writing the soul of a country. One who does so with an entire continent is rarer still. Those attributed with such virtuosity tend to be long dead, and most had the
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Ernst & Young, Argentina: The List from Black to White – Argentina Redefines Income Tax Law
Introduction To further our previous contribution – Tax Havens: The Argentine Government Issues a New Tax Regulation on Low or Nil Taxation countries (CFI Spring 2014) – we can now provide an update based on legislation published during the last
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New Study Adds Up the Benefits of Climate-Smart Development in Lives, Jobs, and GDP
With careful design, the same development projects that improve communities, save lives, and increase GDP can also fight climate change. A new study examines the multiple benefits for a series of policy scenarios addressing transportation and energy efficiency in buildings
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Norton Rose Fulbright: EU Sets New Financial Laws for Non-EU Entities
Introduction The Markets in Financial Instruments Directive (MiFID) is one of the cornerstones of EU financial services law setting out which investment services and activities should be licensed across the EU and the organisational and conduct standards that those providing
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World Bank Group: “Customer is King” – Toward More Effective Development?
“Customer is King” is an old business saying that accentuates the importance of customers in every business. The private sector generally knows that satisfied customers are cheaper to serve and easier to deal with while unhappy customers will result in
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OECD: Achieving a Resilient Economic Recovery
The recovery from the Great Recession has been slow and arduous, and has at times threatened to derail altogether. However, the major advanced economies are finally gaining traction and momentum. Private-sector confidence is rebuilding. After years of weakness, investment and
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From Croatia to Chile – The Luksic Family: From the World’s Driest Desert to the Forbes List
In Chile, everyone knows the Luksics and their remarkable story that started with Policarpo Luksic who left his native Croatia as a young man to try his luck in the mineral-rich Atacama Desert in Chile’s far north. Here, in purportedly
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