When it comes to the current and future state of energy dependence in the United States, the role of government matters, but needs to change, according to former U.S. Energy Secretary and New Mexico Governor Bill Richardson. In response to a question about natural gas today at CME Group’s Global Financial Leadership Conference, Richardson stated: [...]
Tag Archives: GFLC
Cheng Siwei: RMB the Path to Internationalization
October 25, 2011
A common point of discussion at this year’s Global Financial Leadership Conference has been China’s role in the global markets. From increased demand for food and energy to lopsided trade with the U.S., China’s economy and policies are affecting nearly every financial sector. One factor leaving its mark on each of these discussions is the [...]
Niall Ferguson on Political Risk and the Global Business Environment
October 24, 2011
Economic historian and Harvard Business School professor Niall Ferguson told the audience at the Global Financial Leadership Conference today that U.S. dollars are still one of the preferred currencies to hold for global investors despite some of the poor economic indicators of the last few years. “In a ugliness contest, the least ugly currency wins- [...]
GFLC Kicks Off Next Week
October 21, 2011
CME Group’s annual Global Financial Leadership Conference begins Monday in Naples, Fla. This year’s event will feature keynote speeches from President George W. Bush and journalist Katie Couric. Arianna Huffington, publisher of Huffington Post; Biz Stone, co-founder of Twitter; and Niall Ferguson, Harvard professor and author of The Ascent of Money: A Financial History of [...]
Energy to Remain Political, Economic Driver
November 17, 2010
Last month I attended our annual Global Financial Leadership Conference. As I oversee the management of our global energy business I was most interested in what Pulitzer Price winner and energy analyst Daniel Yergin was going to discuss. Yergin, who received the Pulitzer Prize for his book ,“The Prize: The Epic Quest for Oil, Money [...]
David Gergen on the midterm election and deficits
October 29, 2010
The mid-term election is bringing the potential for a wave of change. According to David Gergen who spoke at our Global Financial Leadership Conference this week, Republicans could possibly overtake the House of Representatives and close the gap, if not also win control of, the Senate in the upcoming elections. The Senior Political Analyst at [...]
Currency troubles worrisome, but still winnable says Fraga
October 27, 2010
The state of the currency markets is cause for concern, but there is still time to fix the problems of trade imbalances and weighty sovereign debt levels, says Arminio Fraga, the Chairman of BM&FBovespa and former governor Central Bank of Brazil. “One gets the impression that many important countries would like their currencies to weaken,” [...]