KPMG Lower Gulf: Banking on ESG Risks in Future

ESG risks have the potential of negatively impacting banks’ assets, earning capacity, and sometimes their reputation, argues Abbas Basrai. Environmental, social and governance (ESG) factors and the emerging risks associated with them are becoming increasingly relevant to organizations, especially banks.

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Emily Alejos, CIO at Cartica: Leading the Way in ESG Investing in the Emerging Markets

Emily Alejos joined Cartica Management as Co-CIO in April 2018 after a nationwide search for a talented and experienced investor in emerging markets. Alejos was the perfect hire for Cartica, a proven investor and leader and a great cultural fit.

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Book Review – Built to Last by Jim Collins and Jerry Porras – The X factor: What Makes Some Businesses Excel…?

Visionary companies need a strong ideology and big, hairy audacious goals. Naomi Snelling looks back at a 1994 book that celebrates them… How strong are your core values, and your core ideology? If you want to build a business or

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Cartica’s ‘Secret Sauce’: Female Leadership, Humility, and Action

Teresa Barger spent 21 years at the International Finance Corporation (IFC) investing in emerging market companies around the world. At the IFC, she held the positions of division manager for Africa, deputy director of investment review, director of private equity and

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Mahendra Singh Dhoni: Captain Cool Meets his Younger Self to Pass on Business Tips

Mahendra Singh “MS” Dhoni, one of India’s most celebrated cricket players, has earned the nickname “Captain Cool” for his calm resolve on the pitch. His reticence with the media has lent Dhoni an air of mystique, too. On the rare

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Global Imbalances and the Pandemic

The International Monetary Fund’s tenth annual External Sector Report (ESR, August 2021) shows how current account deficits in the global economy widened in 2020 during the pandemic. On the other hand, the ESR also argues that overall, the misalignment between

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Rescue by Helicopter Reserves

The world woke up on Monday 23 with higher international reserves for all countries. A new allocation of US$650 billion (SDR450 billion) in Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) to its member countries has entered into

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World Debt Anchor to Keep Interest Rates and Growth Low

Debt — both public and commercial — is exploding in the US, and internationally. Interest rates are being kept low by the central banks. The governments in the US and southern Europe cannot afford a rise in the rates on

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EY: Argentina’s Need for Tax Reforms, and How They Could Be Achieved

The current Argentine macroeconomic situation is characterised by Covid-19 recession, inflation, record tax pressure, a reduction in tax revenues, poverty levels standing at 42 percent and rising, and government spending exceeding genuine financing possibilities. Sovereign debt refinancing is still under

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La Maison Guerlain: Its Sweet History Sure Smells of Success

The House of Guerlain story begins in 1828, when Pierre-François Guerlain opens his first boutique on Rue de Rivoli, Paris, selling vinegar, scented soap… and cosmetic gorgeousness. Parisian high society loved the beautifully packaged products; 12 years later, Guerlain had

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