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  • It's difficult to make money in Russian private equity. Consequently, many of the world's biggest funds have steered clear. For those that have taken the plunge, the results are mixed. Some report returns far higher than those on equities. Others have had no luck and have packed up and left.
  • The imminent liberalization of Gazprom share ownership rules will introduce the world's biggest energy company to the world's biggest investors. But is Gazprom ready for the world, or the world for Gazprom?
  • There's a lot of money to be made from the beautiful game. Deloitte's football money league shows that the top 20 football clubs in the world are set to break the £2 billion ($3.6 billion) income mark in 2005, for example. Germany's GNP is set to grow by €8 billion as a result of hosting the 2006 World Cup, and about 500 advertisers are set to spend €7 billion to enhance the branding of their products. According to VAT reclaims company Lowendal UK, an estimated €15 million will be spent on sponsorship events during the World Cup.
  • European borrowers make peso bonds hot new instrument
  • Studying the birth chart of the US shows planetary patterns coinciding with upheavals and depressions in the country's history – and in his new book, Robert Gover predicts a decade of depression ahead. Helen Avery looks at this alternative approach.
  • THE PARIS CLUB has gone through fundamental change over the past year. First it agreed to an enormous debt reduction for Iraq, then it started to allow debtor nations to buy back their debts. Most recently, it came to a long-awaited and ground-breaking agreement with Nigeria that involved elements of both debt reduction and buyback.
  • Iraq's finance minister, Ali Allawi, argues that debt relief with its official and commercial creditors is crucial to restoring stability to the country
  • Tanzania's largest bank is sold to Dutch-led consortium
  • As Lebanese banks flush with liquidity devise regional expansion strategies, four of them have won licences to open affiliates in Syria's nascent privately owned banking sector.
  • A new family of volatility indices that will track the Dax, Stoxx, and SMI equity indices will launch this September.
  • Russia's domestic wealth management industry has a long way to go