Global/Emerging Markets

• OECD Forecasts Global Economy to Recover Next Year

  By Mark Deen, Bloomberg  |  May 30, 2013

  The organization's chief economist expects growth in U.S., Japan, and euro zone, despite mounting "reform fatigue."

• Switzerland Proposes Deal for Banks to Resolve U.S. Dispute

  By Catherine Bosley, Elena Logutenkova and Giles Broom, Bloomberg  |  May 29, 2013

  Bill headed to Swiss parliament would allow Swiss banks to share information on business relationships with the IRS.

• Crackdown on Online Money Laundering Service

  By Treasury & Risk Staff  |  May 28, 2013

  Online currency exchange Liberty Reserve accused of laundering $6 billion over the past seven years.

• Controlled Accounts in Mexico

  By Treasury & Risk Staff  |  May 23, 2013

  New service from Bank of America Merrill Lynch is designed to reduce counterparty risk for business operations in Mexico.

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  Treasurers Need to Get out More

  By Meg Waters  |  May 22, 2013

  When treasury and finance professionals have an insular world view, they may be setting their companies up for unpleasant surprises.

• Warnings About Splits in Global Derivatives Rules

  By Silla Brush, Bloomberg  |  May 21, 2013

  Heads of largest U.S. derivatives exchanges voice concerns about inconsistencies between regulatory regimes and proposed fees on the industry.

• U.S. Bonds Offering Relatively Good Value

  By Cordell Eddings, Bloomberg  |  May 20, 2013

  Yields considerably higher for U.S. government bonds than for U.K. gilts, and Treasuries are cheapest in 23 years vs. German bunds.

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  FATCA's Impact on Finance

  By Treasury & Risk Staff  |  May 17, 2013

  When FATCA takes effect early next year, some private companies will face invasive disclosure processes every time they start working with a new bank.

• Political Risk Underlying Global Growth

  By Treasury & Risk Staff  |  May 15, 2013

  Interactive map supports evaluation of different nations' risk levels for terrorism and political violence.

• Shockwaves From U.S. Shale Boom Could Oust OPEC

  By Grant Smith, Bloomberg  |  May 14, 2013

  North America to provide 40% of new oil supplies, says International Energy Agency.