Central banks/People

Counting the costs

The cost of much needed oil exploration and production projects has spiralled recently. Roderick Bruce looks at what is driving the cost rises and what their effect may be

Starting from zero

The EBRD's Alex Tanase has worked with mortgage lenders across central and eastern Europe to develop nascent mortgage markets - often starting from nothing. By Dippy Singh

The subprime shake-down

The subprime mortgage market - the root of all the summer's troubles - may well be in turmoil but nobody is suggesting it is about to disappear as a source of financing for securitisations. The question is, what part will it play when the dust finally…

Hedge funds: The bargain hunters

There are rich pickings to be had amongst the ruins of the summer's ravaged credit markets: hedge funds that survived the crisis are now putting together funds to invest in the wide availability of cheap securities. Nikki Marmery meets the executives at…

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