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  • When the price of gold rose past $400 an ounce last month, most commentators professed puzzlement. But a close analysis of how the market works suggests that the price rise was inevitable. And so now is its retreat. Peter Lee examines the technicalities of this arcane market.
  • London's future as a financial centre is not threatened by the Labour Party, European economic and monetary union or the pusillanimity of the London Stock Exchange board. But it will certainly be affected by all these things.
  • A special report prepared by Bank Sarasin & Co.
  • This is the big one, it rocks the country, it rocks the Beltway, it rocks the bond market and it sure as fate rocks all those lardass VPs in head office, so on no account let word of it leak out on those canasta afternoons of yours, consider it classified Shred Before Reading.
  • The beacon of European integration can never be turned off by a nation with Germany's history, as Herr Kohl has made clear in recent comments. But there is a dimmer switch - delaying the start of European economic and monetary union (Emu).
  • A special report prepared by Santander Investment.
  • The structure of Spanish legislation is comparable to that of leading worldwide economies. This is partly due to the demands of the European Union of which Spain is a member, but also due to the desire of the Spanish government to internationalize its financial markets. Liberalization in Spain in the last 10 years has been widespread and rapid.
  • Economists now predict an upturn in the world economy. Country scores in Euromoney's country risk ranking, based on our poll of economists and political analysts, plus market data and World Bank debt figures, have jumped by an average of 2.75 percentage points. Research and commentary by Charles Piggott.
  • French banks have given up their global ambitions with mere survival occupying their minds. The task of slimming down and restructuring is made more difficult by French aversions to job losses and hostile takeovers. But, like it or not, brash Anglo-American ideas about markets and management are being taken on board, reports Jonathan Ford.