Martin Hutchinson covers emerging markets and economic policy, drawing on 25 years of experience as an international merchant banker. He ran derivatives platforms for two European banks, before serving as director of a Spanish venture capital company, advisor to the Korean conglomerate Sunkyong and chairman of a US modular building company. In Zagreb he established the Croatian debt capital markets and set up the corporate finance operations of Privredna Banka Zagreb. Since 2000 he has been a financial journalist, and is the author of "Great Conservatives," a book on British political history. He has a first class Honours degree in Mathematics from Trinity College, Cambridge and a Harvard MBA.
- Tel: +1 845 454 0295
- E-mail: firstname.lastname@example.org
The Mexican billionaire wants to combine fewer weekly hours with longer working lives. That plan would waste the competence of the relatively young, while leaving many older workers with the wrong skills. Enhanced mid-life education would be a better use of leisure time.
Senegal is raising $500 mln abroad. Borrowing from West African franc zone governments is set to jump 50 pct to $7.2 bln in 2014. But big trade deficits mean the region would struggle to cope with a sudden withdrawal of foreign liquidity – a frequent shift in emerging markets.
By stopping airlines repatriating bolivar revenue, it has made them cut back service. Add harsh price controls, high inflation and arbitrary regulation and Venezuela is making itself a pariah. With little domestic activity outside the oil patch such autarky has a bleak outlook.
- Global investors can help avoid another 1914
- Five years is a long time for U.S. economy
- Central bank stock buys give investors new worries
- U.S. economy looks nearer top than middle
- Review: "House of Debt" diagnosis beats remedies
- U.S. jobs' full circle shows slow pace of upturn
- Playing nice starts to pay off for Argentina