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  • The BIS examines in a unified framework three recent perspectives on country risk: debt intolerance, original sin, and currency mismatches
  • Equity, credit and emerging debt markets all rallied in response to signs of a firming of growth
  • Qatar has made major strides in becoming a world leader in liquefied natural gas exports
  • The share of external debt to GNP remained the same at 53.9%
  • It is not often you'd compare a CFO to a fire-fighter but Rick Filippelli, the newly appointed CFO at TeamStaff, is a rare exception.
  • It has been a bumper year for debt capital markets. Borrowers have taken advantage of historically low interest rates – the US has experienced the lowest interest rates for 45 years – and tightening credit spreads, driven by high investor demand, to refinance their balance sheets and term out liabilities.
  • Although Dealogic figures show that rights issues have been a mainstay of European equity capital market activity for the last few years, they have so dominated issuance in 2003 that for many investment banks they have been the only game in town.
  • Although Dealogic figures show that rights issues have been a mainstay of European equity capital market activity for the last few years, they have so dominated issuance in 2003 that for many investment banks they have been the only game in town.
  • This month CF pays homage to corporates who have proved that there is room for creativity and innovation in finance. Starting on page 15 you'll find 2003's finest deals selected after a rigorous process. Banks and other financial institutions submitted what they considered their best efforts – and trust me there were thousands of entries – and the CF team toiled for long hours to whittle these down to a shortlist.
  • As the festive period looms closer it isn't just children who are getting excited. Treasurers up and down the land are weighing up the pros and cons of taking their next step up the financial executive career ladder.
  • ERP is making a comeback.