Heed the Calls for Transparency

As a consequence of the global crisis, financial services executives are preparing for a regulatory overhaul. But probably few have considered how to deal with the intensive scrutiny of their sector that’s now coming from all corners – the public, NGOs, foreign...

A new wave of expropriations?

With oil prices near $60/barrel, it seems like the best of times for oil companies. But it easily could be the worst of times. Recall the tumultuous sequence of events that followed the last global surge in commodity prices, during the 1960s and 70s. In the mid-1960s,...