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Finance International

A primer on political risk insurance

The political risk insurance industry is a $2 trillion industry. What does it do, who are the major players, and how is the industry responding to a looming global economic

Finance South and Central Asia

‘Black Tuesday’ in Russia as rouble slide sparks currency crisis

Sharp rouble depreciation revives fears of 1998 crisis, forcing the Central Bank of Russia to take tough decisions with limited results so far. Investors should prepare for further restrictions and economic recession. On

Asia Pacific Economics

Shanghai free trade zone takes it slow

One year after the establishment of Shanghai Pilot Free Trade Zone, foreign investors have become impatient for more financial liberalization measures. Yet, this is not a convenient time for China to

Finance Latin America

Bank reforms to increase cost of doing business in Ecuador

The cost of doing business in Ecuador is already high for extractive sectors. Investments in Ecuador’s financial services sector may face added obstacles following recently proposed regulatory measures. Ecuador is