"If someone doesn't know what that stands for they must have been asleep in '05."

March 17, 2006 12:00 am

--Justin Kennedy, managing director at Citigroup, on the craze in equity derivatives for Brazil, Russia, India and China (BRIC) products.

"If someone doesn't know what that stands for they must have been asleep in '05."--Justin Kennedy, managing director at Citigroup, on the craze in equity derivatives for Brazil, Russia, India and China (BRIC) products.

Topics

Derivatives

Comment

FINAL WORD: MDBs can raise private capital for sovereign lending — if they are careful

Private money is beginning to flow into development finance through a variety of risk sharing structures. But it is nearly always for loans to the private sector. MDB expert Chris Humphrey argues evelopment banks wanting extra heft for sovereign lending will need to overcome — or sidestep — the issue of preferred creditor status

Chris Humphrey, October 15, 2025
Emerging Markets

Caught between the titans — IMF strives to reconcile rival visions on trade

By overthrowing decades of orthodoxy on international trade policy, the Trump administration and its sweeping tariffs have put the International Monetary Fund in a quandary. Can it defend the free trade it believes in, or must it adapt to a new paradigm?

Phil Thornton, October 15, 2025
Emerging Markets

China turns critical minerals into a battleground as US panic-buys

Pentagon muscles into race for rare earths as China clamps down

Steven Gilmore, October 15, 2025
Emerging Markets

Ethiopia talks with bondholders collapse on details of VRI, raising chance of litigation

Spotlight on restructuring difficulties as restructuring of $1bn Eurobond fails

George Collard, October 15, 2025
Emerging Markets

Ukraine expects EU’s frozen Russian reserves plan to be ‘replicable’

Ukrainian hopes rise of reserves-backed loan for $23bn funding gap

Francesca Young, October 15, 2025
Emerging Markets

US and China exchange insults but posturing hides need for a deal

Tensions are rising once more as China and the US renew verbal hostilities over trade, with both sides unveiling plans designed to undermine the other side economically

Elliot Wilson, October 15, 2025