Brazil, South America's mediator
Lula is the socialist leader who has everyone’s ear: the Latin American socialist ‘revolutionaries’ as well as the US. The…
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Wealth
NYT: Has the economy hit bottom yet?
The economist John Kenneth Galbraith once said, “The only function of economic forecasting is to make astrology look respectable.” Still,…
ByThe saviour of Salvador?
The conservative ARENA party has gained ground by claiming that leftist Funes would make El Salvador a satellite in Chávez’s…
ByChe in Central Park
On my walk through Central Park, I encountered the latest installment of the rotating art installation: a purposeful-looking Che Guevara.…
ByThe bad apple of the CIA
The imprisonment of a former CIA executive director in a scandal is shaming for the U.S. intelligence community. The imprisonment…
BySaturday sale of the century
Phillips de Pury is putting the first pieces of a collection within the realistic grasp of young professionals. If I…
ByDon't blame the ratings agencies
It is astonishing how many over-bonused bankers hadn’t understood the message on the tin. The Rating Agencies, S&P and Moody’s…
ByFT: Liechtenstein will ease secrecy laws
ZURICH, March 12 – Liechtenstein has agreed to ease its strict bank secrecy law by committing to OECD standards on…
ByTimes: Credit crunch wrecks divorce settlement
A City fund manager hit by the credit crunch went to the Court of Appeal yesterday in an attempt to…
ByForbes: Billionaires’ club loses $1.4tr, 300 members
The richest people in the world have gotten poorer, just like the rest of us. This year the world’s billionaires…
ByMerrill Lynch accused of lying in bonus probe
Merrill Lynch mislead previous investigations over the date of its bonus payments, according to court evidence presented by New York…
ByExclusive London luxury hotels offer
Spear’s WMS has teamed up with some of London’s top luxury hotels to bring offers unique to readers. Find out…
ByMoody’s pubishes ‘Bottom Rung’ of 283 companies with greatest default risk
See the full list of which companies Moody’s thinks are most likely to default here. New York, March 10, 2009…
ByDJ: Liechtenstein bank shows 2008 loss
By Katharina Bart Of DOW JONES NEWSWIRES ZURICH -(Dow Jones)- Liechtenstein-based Verwaltungs- und Privatbank AG (VPB.EB) said Tuesday it swung…
ByUBS saw outflows continue in 2008 WM division
Embattled Swiss bank UBS has noted ongoing outflows in its main wealth management division as part of its 2008 annual…
ByJersey moves to greater regulation
Jersey is to sign a Tax Information Exchange Agreement (TIEA) with the UK today, one of a number of steps…
ByWB: Wealthy move $1 trillion
The wealthy are moving their money as never before. Last year more money shifted between wealth managers than at any…
ByFT: British tax havens battle against Brown action
A rearguard action to fend off the “action against tax and regulatory havens” threatened by Gordon Brown and other world…
BySingle family offices change focus to short-term preservation
Following global losses in most asset classes and notorious failures of due diligence, single family offices are retrenching their strategies…
ByWSJ: Swiss to review banking laws
Switzerland’s government on Friday gave a panel two weeks to advise on whether the country should loosen its banking laws…
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