Home JANUARY 2009

JANUARY 2009

by reeda

JANUARY 2009

 

EDITORIAL





COMMENT



Shoes, footprints and carbon tax
December's news anything but pedestrian






How the West was humbled
UK & US beg fir financial aid from once-shunned SWFs






Iraq’s northern Cinderella
Kurdistan spins economic fairytale from war






History’s famous footwear
The greatest shoes ever flung, swung and put in collection




EXECUTIVE INSIGHTS











CREDIT SUISSE
Oil‘s recent price dip a blip in a long-term upward trend










Lebanon in the eye of the storm
Lebanon basks in the calm eye of the financial storm






EM Leadership Center
Shifting the CEO paradigm




LEVANT



Where luxury lives
Homes built with class and taste frame a thriving realty market






Sunset to the west
Twilight fading on hopes Ankara and EU can bridge the divide






Lebanon – The orient’s goldsmith
A storied past and splendorous present crafting precious metal




GCC



The Arab job market
Myths debunked and truths revealed about employment in the MENA






Paved with good intentions
Failures, ineptitude and structural unfairness spur calls for fund’s reform






Trimming the fat
In cost cutting to survive the financial crisis, companies shed executive staff






Return to earth
CEO and management earnings entering era of normalization






Same work, different pay
Nationality, gender discrimination economically inefficient and unfair






Pink slips all around
The human toll of the costs companies cut






Sovereign losses
Gulf clamps down in crisis as billions worth of investments vanish






As transparent as oil
Cartel’s pricing power tanked by the barrels unaccounted for






The honeymoon’s over
Global crisis makes immature markets grow up fast, hard and mean






Real estate – Only the strong survive
In the plummeting markets, debt-laden, over-extended firms will parish




NORTH AFRICA



In pursuit of power
Both hydrocarbons and renewables fuel new national strategies






A momentum to maintain
How Maghreb can sustain growth






Black gold’s dark side
South tries to end the human suffering oil has left in its wake




BANKING & FINANCE



Lebanon – Revenue remits
Cash streams from diaspora slimming to a trickle in 2009






UAE – The crisis hammer
Global economic turmoil nails hay days of growth






Investment – Past the wreckage
Financiers cautiously feel out the future






IPO Watch – Close to nothing
Market virtually disappeared in fourth quarter 2008








BUSINESS ESSENTIALS





FINANCIAL INDICATORS



Global economic data
Thinkforce, women & politics, doctor training and debt




CAPITALIST CULTURE



Free markets – Liberty’s loss
Democracy drive shelved as states coddle economies