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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Suu Kyi and Hopes for a New Burma

Suu Kyi, daughter of a Burmese independence hero, has never been indifferent to the goings on in Burma. She is one of the most potent symbols of peaceful resistance to an oppressive regime. Chair for the National league for Democracy,

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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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IMF Mission Reports Positive Developments in Georgia

An International Monetary Fund (IMF) mission visited Tbilisi from November 27 to December 12, 2012 for discussions on the first review of the economic programme supported by a blend of a Stand-By Arrangement (SBA) and Stand-By Credit Facility (SCF). The

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IBM’s Virginia Rometty and Strategic Belief

CFI.co believes that Rometty, CEO of IBM, has been instrumental in developing services at the Company that will open up markets and help world economies converge. We must include her as one of our heroes because her project addresses concerns

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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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Dilma Rousseff: “You have one hour to solve this problem.”

There is no denying that the main challenges facing the Brazilian economy include the achievement of sustainable growth and the struggle for a fair distribution of its rewards throughout society. The country is fortunate in having as its president Dilma

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Tough Operator: Dr. Ngozi Okonjo-Iweala

Harvard educated Dr. Okonjo-Iweala, a recent candidate for presidency of the World Bank, is one of the world’s most respected economists. She must be congratulated on ensuring Nigeria’s first sovereign debt rating. This achievement brought significant foreign investment to Nigeria.

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Hopes and Action for a Secure Colombia

During his eight year presidency, Alvaro Uribe tackled the criminal gangs, armies and random violence that held sway over large areas of his country. His government was virtually facing civil war against well organised forces.  He brought renewed confidence to

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