All GLG News Analyses Filed Under: Government, Legislation & Politics

The Finance Minister of India, Mr. Palaniappan Chidambaram, presented the budget of the government of India for fiscal year 2008-09.  With the general election due in early 2009, the budget is understandably populist.  Its highlights include a massive debt waiver scheme for small farmers (which...

The Romanian Government must recover 27 million Euros from Ford because Ford received illegal state aid during the privatization of Automobile Craiova. The EU determined Ford, the only final offerer for Automobile Craiova, received state aid because Romania's conditions related to employment and production...

How effective will the new stimulus package be?  Will it benefit the people who need it the most?  Can we depend on it to stem the possible recession?

A proposed regulatory change proposed on the Friday before a holiday weekend could have a major impact on pharmaceutical profits (and consumer health).

The House of Representatives just passed their stimulus bill and the Senate is preparing to consider legislation quickly.  Tax rebates for consumers, and business investment incentives are on their way to the President's desk but delays remain possible (IRS) and the effectiveness of rebates is...

After the resignation of PM Prodi, Italy will have to choose between a new government supported by the current Parliament or new elections. In either case there will be a major impact for relevant companies and deals, such as Alitalia-AirFrance, Telecom Italia, BPM, Banco Popolare, ENI, ENEL, Finmeccanica,...

The proposal was made in the context of Dodd announcing his plans for the Senate Banking Committee for the coming congressional session as an idea for bossting the economy beyond measures contained in the pending stimulus package.  A new GSE would be capitalized initially with $10b to $20b that...

1.  The article sets forth the status of pending legislation to restrict the power of the FDIC to charter ILCs owned by commercial firms. 2.  A moratorium on approval of such charters by the FDIC set to expire on January 31 will probably be allowed to expire, but the effect on the willingness...

-- Investors are happy with Medvedev's nomination as the jump in the RTS indicated - stability is good for Russia. -- In the famous Davos speech of January 2007, Medvedev stated: "Even in the case of the state preserving the control stake (in corporations), we are focusing on the creation of public...

The West is facing an unprecedented year of weakness and confusion in the coming 2008. For the United States, 2008 is the year of choice. Тhe Presidential election campaign will be polarizing. American foreign policy, suffering from a number of setbacks, will further deteriorate in 2008 as principal...