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Egyptian finance minister Mohamed Maait tells GlobalMarkets about his plans to increase private sector participation in the economy and attract more foreign investment as he nears an agreement with the IMF for a new funding package

Africa accounts for just 4% of greenhouse gas emissions but is on the frontline of the impacts of climate changes, according to leading figures on the continent and in the Caribbean who are demanding that rich nations do more to protect the most vulnerable.

Central bankers from Sri Lanka and Indonesia tell GlobalMarkets why Asian countries are annoyed with the IMF for not ensuring that their countries’ voting shares in the fund match the size and characteristics of their economies and so leave them with less of a voice

India has become the latest emerging market to use its sovereign wealth fund to move into the infrastructure arena. Managing director Sujoy Bose tells GlobalMarkets that investors could make a return as high as 18% but investors still fret over bureaucracy

The head of Indonesia’s fiscal policy agency tells GlobalMarkets that his country is determined to hit its pledge to cut carbon emissions by 30% and called on policymakers to put a robust carbon tax back on the political agenda

Kenya’s acting finance minister tells GlobalMarkets that he expects to conclude a new standby loan facility with the International Monetary Fund by the end of the year as part of a strategy to reduce its debt stock

The decision by the European Central Bank to lower its deposit rate to -0.5% last month has prompted the eurozone’s banks to look at passing some of the pain of negative interest rates on to their customers

JP Morgan’s Jamie Dimon and Morgan Stanley’s James Gorman have hit out at the burdens of being public, including the risk of litigation, excess bureaucracy, and public scrutiny of specialised compensation packages

The current system of globalisation with the United States at its centre looks set to crumble and be replaced by a new global system anchored around China, leading economists have told GlobalMarkets

Geopolitical issues such as the migration crisis has heightened the need for the European Investment Bank to launch facilities such as Economic Resilience Initiative fund to help attract private capital into the troubled North African region

Low interest rates have pushed investors to invest in riskier credit, flooding emerging market funds and driving down borrowing costs and causing debt stocks to climb, economists and investors have told GlobalMarkets

In August 2019 corporate bosses including Jeff Bezos, Jamie Dimon and Tim Cook used their Business Roundtable platform to declare that the purpose of business had to change in ways that moved attention away from shareholder value to a more purposeful approach that improved our society. This followed Larry Fink who, in January 2018, wrote a letter to 500 CEOs asking them to rethink their sense of purpose. “To prosper over time,” he wrote, “every company must not only deliver financial performance, but also show how it makes a positive contribution to society.”