Latest articles from World

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Late starter plays catch-up

October 5, 2009

Stephen Timewell talks to Libyan Stock Market chairman Suliman Salem Alshahomy about the arrival of the country's fledgling stock market in 2008 and the plans for its development.

Welfare with a difference

October 5, 2009

Libya's innovative social welfare scheme centres around empowering low-income families to invest in public projects, with the dual goals of improving their wealth and building the nation's economy, writes Stephen Timewell.

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Building on firm foundations

October 5, 2009

From privatisation initiatives, strategic partnerships and foreign investment, the transformation of Libya's banks continues unabated. Stephen Timewell surveys the six biggest players

Small steps to a modern system

October 5, 2009

The Libyan government's shift from owner of the economy to regulator has ushered in a period of reform which has seen significant expansion in commercial banking and is gradually transforming the country's outdated banking sector, reports Stephen Timewell.

Growth beyond oil

October 5, 2009

Farhat Bengdara, the governor of the Central Bank of Libya talks to Stephen Timewell about the strategies in place to reform the banking sector and achieve non-oil-dependent growth.

In from the cold

October 5, 2009

After decades of isolation from the global economy, Libya has begun a programme of reforms to reintegrate itself and realise its full potential, which stretches from oil and gas to tourism. Stephen Timewell reports from Tripoli.

Arab banks stay solid in tough conditions

October 5, 2009

Although not unaffected by the global financial crisis, the Arab banking sector has continued to expand, with the UAE banks accounting for a growing proportion of asset growth. Writer Stephen Timewell

Banco do Brasil rattles cosy credit markets

October 5, 2009

State-owned institution Banco do Brasil has dethroned Itaú-Unibanco to once again become the country's biggest bank. Now there is a debate about whether such rapid growth is sustainable. Writer John Rumsey

Agustin Carstens

October 5, 2009

Mexico's finance minister discusses the country's close relationship with the US, and whether the banking sector should play a bigger role in reactivating Mexico's stuttering economy. Writer Jane Monahan

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A ray of light for Mexico

October 5, 2009

Although Mexico's exports and remittances are in decline, its oil production and tourism sectors weakened and unemployment rising, the country's banking industry entered the global crisis in good shape and may be able to provide the credit needed to reactivate the economy. Writer Jane Monahan

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