Major Economic Indicators Perform Negatively In 2007-08

ISLAMABAD: All major economic indicators, Foreign Direct Investment (FDI), exports, Large Scale Manufacturing (LSM), saving and investment and tax collections witnessed negative growth in the outgoing fiscal year 2007-08.
Foreign Direct Investment: According to the State Bank of Pakistan data, the net foreign private investment during July-March 2007-08 has declined by 46.3 percent over the corresponding [...]

Mozambican Foreign Investment To Climb 30% As Economy Expands

Mozambique expects foreign direct investment to climb 30 percent in the next four years as the economy expands, Finance Minister Manuel Chang said.
Investment will probably reach $450 million this year and $560 million by 2011, compared with $430 million in 2007, Chang said in an interview in Maputo, Mozambique today. Agriculture and tourism are likely [...]

Mboweni Says South African Rand Adds to Inflation Rate Concern

Mboweni Says South African Rand Adds to Inflation, Rate Concern
By Nasreen Seria
March 19 (Bloomberg) — This years slump in the South
African rand will keep inflation above the target range for longer
than forecast and add to pressure on interest rates, central [...]

Moody’s assigns Baa1/Ba2 ratings to Republic of Montenegro

The FINANCIAL — London. Moodys Investors Service today announced the assignment of first-time sovereign
ratings for the Republic of Montenegro.
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Moodys has assigned a Baa1 country ceiling for long-term foreign currency debt and a Ba2 issuer rating for the foreign currency debt obligations of the government.
Montenegros ratings reflect the new [...]

UPDATE 1Sabanci 2008 investment budget $1.5 blnCEO/CNBCe

(Adds details, background)
ISTANBUL, Jan 18 (Reuters) - Major Turkish conglomerate
Sabanci Holding’s investment budget for 2008 will be $1.5
billion, CNBCe television reported the group’s CEO Ahmet
Dorduncu as saying.
He was also reported as saying the largest share of the
budget will be allocated to energy projects. Sabanci’s energy
venture Enerjisa is partly [...]

India approves Essar, Teikoku investment plans

NEW DELHI, March 14 (Reuters) - India on Friday approved 18
foreign direct investment proposals worth 15.53 billion rupees
($384 million), including by Essar group, Japan’s Teikoku
Piston Ring Co (6463.T: Quote, Profile, Research) and French insurer Societe Beaujon.
The finance ministry said in a statement India’s Essar
group plans to set up a [...]

Associate Professor Laura Alfaro Named “Young Global Leader” By World Economic Forum

The FINANCIAL — Harvard Business School Associate Professor Laura Alfaro, an expert on international economics, has been selected as a Young Global Leader 2008 by the World Economic Forum (WEF).
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This honor is bestowed each year to recognize the top 200-300 young leaders under the age of 40 from [...]

UPDATE 1Turkish 2007 FDI around $22 blnfinance minister

(Adds details, background)
ANKARA, Feb 15 (Reuters) - Foreign direct investment inflows
into Turkey reached around $22 billion in 2007, Turkey’s Finance
Minister Kemal Unakitan said in a speech on Friday.
Turkey had set a $25 billion target for FDI last year, but
it had long been clear that it would not [...]

Emerging markets fuel firms global growth

The world is getting flatter, to borrow a metaphor, for the legal profession in part because of strong economic growth in emerging markets. China, for example, had nearly $70 billion in foreign direct investment in 2006, creating demand for international legal expertise in transactions, trade and [...]

Feldstein on Recession OPEC U.S. Debates Weekend Roundup

Feldstein on Recession, OPEC, U.S. Debates: Weekend Roundup
Clinton Attacked by Obama and Edwards in New Hampshire Debate
Jan. 6 (Bloomberg) — The following are the main weekend
stories today and yesterday.
Feldstein Says U.S. Recession Is [...]