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Turkey: The Battle for Bank Asya December 1, 2014 - Euromoney

Turkey’s president has tried to kick of one of the country’s largest banks into touch, through public attacks and behind-the-scenes pressure. Despite becoming a political football, Bank Asya is still in the game. Can Turkey’s reputation in the west as a place to do business survive Erdogan’s continued, politically-motivated vendetta? … read more >>

Recent Files

Downfall of a dynasty: The last days of Ricardo Salgado and Banco Espírito Santo October 14, 2014 - Euromoney

Bankers in Lisbon say the demise of BES is a watershed moment for the country: the turning point when old Portugal became new Europe. Ricardo Salgado tried every trick he knew to save his empire, but found that the Portuguese establishment could not – or would not – save him. … read more >>

Ashraf Ghani, Afghanistan’s new president: Death and Taxes (from 2004) October 2, 2014 - Institutional Investor

Shortlisted for the 2005 British Business Journalist of the Year Award (Economics) Death and Taxes in Kabul Finance Minister Ashraf Ghani is battling warlords, cabinet colleagues, indifferent global donors and stomach cancer as he struggles to salvage Afghanistan’s ravaged economy. If he fails, the world could pay an enormous price. … read more >>

Inside Ukraine’s Economic Crisis June 8, 2014 - Euromoney

When Euromoney penetrated the economy and finance ministries in Kiev in late May, as well as the central bank, it found an atmosphere of unease and uncertainty. A supposed dream-team, which in reality is a collection of talented and driven novices, has a battle on its hands to keep Ukraine’s … read more >>

Spain: Laboral flies the co-op flag May 13, 2014 - Euromoney

Jon Emaldi Abasolo surveys the remains of Spain’s devastated banking landscape and scratches his head. He’s genuinely confused. “We know how we manage our bank,” says Abasolo, a director of the Basque savings bank Caja Laboral Kutxa, part of the Mondragon group of co-operative businesses (MCC), “and we know that … read more >>

Indonesia: Flight of the Navigator May 13, 2014 - Euromoney

Muhammad Chatib Basri is not a big fan of bureaucracies. “One of the reasons so many Indonesians have become religious,” jokes Indonesia’s 48-year-old finance minister, Jakarta’s ninth in 16 years, “is because they have to deal with the government.” Citing a common gripe of his 250 million compatriots – and … read more >>

Emerging Europe: A free market for Georgia? February 11, 2014 - Euromoney

By the seasoned standards of the world’s finance ministers, Georgia’s Nodar Khaduri, aged 43 and just over a year in the slot, is a relative babe in arms. Take Euromoney’s last five finance ministers of the year. Our 2008 winner, China’s Xi Xuren, was the oldest, at 61, while, at … read more >>

Schapelle Revisited.. February 10, 2014 - Spectator/Bulletin

The trials of Schapelle There are braying reporters, dozing judiciary members, colourful lawyers and assorted hangers-on basking in the limelight and baking in the Indonesian heat. Centre stage, an Australian woman’s life is at stake.. Judgement in Denpasar The Bali expats and intelligentsia are disgusted by Australia’s racist reaction. The … read more >>

What China’s Off-the-Books Figures Mean for Australia January 23, 2014 - The Global Mail

Last September, a small news item in China’s official media, that in less skittish economic times might have sailed through unremarked, revealed a disturbing truth about this suddenly most essential of nations – that too often its official statistics are bogus. Portents and truths sprung from China in recent times … read more >>

ASIO Took It – But Was It Timor’s or Australia’s? January 22, 2014 - The Global Mail

Apparently in international law as in life, the most important things get hidden in plain view. And so it was that on Tuesday in The Hague, an International Court of Justice judge from Somalia – a tiny impoverished land that in recent times has come to know a thing or … read more >>