As the world enters a new era of diverse wealth distribution, global financial institutions must reflect the change.

The current debacle over Northern Rock is going to lead to a complete rethink on markets and the way they are governed.

Given current regulations regarding SWFs, the US and EU have no right to attack emerging economies on how they invest.

Government intervention may let the financially reckless off the hook but it can also prevent the wider economy from collapsing.

Climbing oil prices may be a headache for the West, but could provide Africa with much needed development revenue.

As major players face rating downgrades, observers wonder if the problems in the credit market will cascade into the equity markets.

It is high time France was given some credit for operating an economy that is more open than most to foreign companies.

The US and IMF’s targeting of China’s currency has as much to do with playing to the political gallery as it does with economics.

A 10-fold increase in bilateral trade means China is set to eclipse Europe and the US as the main foreign actor in Africa.

Much work is required for the US to regain a position of moral authority required to take on new challenges around the world.