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  • "10,000 by 2000!" That's the latest prediction for the millennium opening on the Dow Jones Industrial Average from Ed Yardeni, chief economist at Deutsche Morgan Grenfell (DMG). Yardeni who might be described as the most optimistic man in the world will surely see his prediction tested now that US interest rates have started to rise. If he is proved right, investors worldwide will rejoice except perhaps those in the UK.
  • The Ospel interview
  • Ideal location or in-room modems, seat size or frequent-flier programmes: what do business travellers value highest in their trips around the world? Garry Marchant pins down the priorities of some top businessmen and asks which hotels and airlines measure up best to their demands.
  • What is the most nonsensical law covering the financial markets?
  • Banks putting the wrong value on out-of-the-money options isn't a new phenomenon, but today's fat bonuses and fiercely competitive markets lead us into temptation, says David Clark.
  • The development of over-the-counter structured products has provided foreign investors with a way into Russia's bond and currency markets. Ted Kim reports on the instruments on offer to foreign institutions, not just in Russia, but in many of eastern Europe's markets
  • Romania's government is pushing ahead with reforms to secure foreign borrowing, despite its limited experience of the capital market. By Laura Covill
  • How do you get there? Where do you stay? Euromoney's survey of business travel rates the most comfortable and convenient airlines and hotels available.
  • The privatization of Romania's banks has been repeatedly stalled over the past three years. Now the new government is taking the job seriously in order to get its World Bank credits back. But will it find any buyers?
  • Russia's debut in the Eurobond market last year was just the start. Expect deals this year from several large cities and a brace of top Russian corporates