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If you're looking for enlightenment from Bush or Kerry on how best to shape the economy over the next four years, look again. Neither presents a viable strategy for the deficit or the entitlement programmes, social security, medicare and Medicaid.

Serbia returns to the capital markets

The SEC's authority to reform the US funds sector is coming under fire — even from law firms. Legal action against the SEC is being expected in some quarters.

The EU should create a Europe-wide pension regime to make it easier for corporates with cross-border operations to provide for their employees, according to the European Financial Services Roundtable (EFR).

While the Gazprom-Rosneft merger will make FDI in Russia easier, Ukraine's attempt to keep the retail petrol market competitive is on hold.

Forget PPP or indeed IPOs; what you should really be focusing on is PPLI. That's professional and personal life integration, in case you didn't know. US law firm Kirkpatrick & Lockhart has come up with this handy acronym because they've just appointed Jeannine Rupp, who has a masters degree in organizational and social psychology from the London School of Economics, to be director of the firm's PPLI initiative. This, says Peter Kalis, chair of K&L's management committee, will make lawyers “happier, more productive and thus better able to serve our clients notwithstanding the challenges of life in the 21st century”.

Euromoney's annual cash management poll shows surprising results. A familiar group of leading banks continues to slug it out for market share leadership but the names customers rate most highly in qualitative rankings are often not those that lead the quantitative league tables.

Belarus

For New Yorkers 'wait' is like the f-word, but in recent weeks they've had to display uncharacteristic patience.

Asset managers' clients are increasingly demanding specialist input to mandates. It's a demand best met by boutiques or big firms that have set up boutique-like teams. Deutsche Asset Management has been tardy in responding to these pressures. It is now changing its style, but has it left it too late?

Professional services

Equity markets