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Panama Canal Authority offers cash advance to Europe consortium - FT.com
"The Panama Canal Authority has offered a cash advance to a European consortium threatening to suspend a $3.2bn contract to expand the globally strategic shipping route, but the contractors led by Spainish builder Sacyr rejected the offer as too low. "
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Temasek mulls retail investor bond issue - FT.com
"Temasek, Singapore’s state-owned investment company, is examining how to offer bonds to individual investors in a move that would make Singapore the first country with a state-linked investment fund to consider such a move. "
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US investment case remains compelling - FT.com
"Indeed, one of the important consequences of the financial crisis has been that it reinforced the role of the dollar as the world’s most sought after store of value in a storm. The US remains the pre-eminent provider of safe assets to the world despite the shortcomings of American political and economic management for the good reason that neither Europe, China or Japan is likely to offer a realistic alternative for years. "
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South Sudan a state born with makings of crisis - FT.com
"This time the blame lies squarely within the southern leadership and a power struggle between the president, Salva Kiir, and his sacked deputy Riek Machar. The speed with which a shootout between their rival forces in the army has metastasised into a vicious conflict has exposed the naivety of those self-appointed cheerleaders of southern independence abroad, who argued that all other issues were secondary to sovereignty. "
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