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Finance International

Forex scandal exposes difficulty of financial regulation

The latest foreign exchange fixing (forex) scandal, which led to a $4.3 billion bank settlement with American, British, and Swiss regulators reinforces the difficulties of effectively regulating the financial markets.

Economics South and Central Asia

When will India’s central bank (RBI) reduce interest rates?

Is the Reserve Bank of India’s (RBI) Governor, Raghuram Rajan, behind the curve on interest rate reduction? Some members of the technical advisory panel of RBI and a few independent

International Politics

E-commerce businesses look to Middle East

The Middle East is reaching the internet in greater numbers every day, and there are high hopes that the region can become the next great e-commerce hub. The market remains

Finance International

A Secret for Success: Understanding Risk Management

If the state of risk analysis could stand some improvement, what does that say about risk management?  The point is, flawed risk analysis leads to poor risk management: garbage in,