GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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September 2002

Main

Top stories

The end of free markets

The new New Deal

Awards

Finance minister of the year 2002: Veltchev takes his debt skills back home

Central bank governor of the year 2002: Ian Macfarlane – Luck and a lot of good judgement

Arab 100

Arab 100 2002: Earnings fall at many Arab banks

Latin and Caribbean 100

Latan and Caribbean 100 2002: Foreign acquirers think again

Country risk

Country risk Sep 2002: Analysts take an optimistic view

Global financing

Global financing 2002: A flight to complexity

US economy

A question of leadership

History of regulation

History of regulation: Caveat vendor

Private equity

Too much too soon?

United Arab Emirates

We’ll meet again next year

Saudi Arabia

Little option but to open up

Turkey

Islamist upturn threatens reform

E finance

Online credit trading finds its leaders

An ill-tempered fight for supremacy

Central & Eastern Europe

Reality check for rosy view of convergence

Russia

Chasing Portugal

The new oligarchs

Kazakhstan

The best economy in the east

Pressure for democracy gains ground

Creating a free market in power

Straight-through processing

Straight talking on STP

Latin America

Wavering IMF adds to investor uncertainty

Brazil

Lula lead spreads panic

Disaster recovery

Fine-tuning the survival instinct

Korea

Has Asia’s safe haven been oversold?

A comedy of errors

Asia Pacific

Getting the measure of the dragon

Iceland

Spron saga grips bankers

Nordic securities

Sonera clears the line

South Africa

Banks face up the growth ceiling

Editorial

A time for reassessment

Front End

Zheng and the art of relationships

Who’s the most corrupt?

The home of democracy?

Celebs dumb down the euro

Deutsche’s dress down dressing down

Market Monitor

A little less action, a little more conversation please

Germany shows up pact’s shortfalls

Nasdaq’s international plans hang fire

Spin the Rubik’s cube

Don’t shoot the short sellers

Westpac gets BT second time around

Emerging markets

IT explosion helps to fuel boom times

Smart decisions may underlie panic

Nedcor aims to be different

Twists and turns on privatization road

South-east Asian securitization goes with regulatory flow

Against the tide

After summer comes the fall

Deal Insider

Domestic bond designed to manage Lebanon’s debt

People

Lee Thomas

Harry Lengsfield

Flipside

SF’s dot com dreamers wake up with hi-tech headaches