Epstein Secrets

ood Group USA United Kingdom Canada USA Switzerland Turkey Greece Finland Morocco USA Canada United Kingdom USA France United Kingdom Chile USA Russian Federation Italy United Kingdom Kuwait Kuwait United Arab Emirates United Arab Emirates Switzerland Saudi Arabia Saudi Arabia

fit, Research and Health Policy Inc. Eben Bayer Founder and Chief Executive Officer Ecovative Design LLC USA Alexander Bazarov Vice-President Sberbank Russian Federation Abdullah Bazid Executive Vice-President, Strategy Saudi Basic Industries Saudi Arabia Planning Corporation (SABIC) Timothy

itute of Technology Madras A.P. Moller-Maersk AS Delta Air Lines Inc. Finland Morocco USA Canada United Kingdom USA France United Kingdom Chile USA Russian Federation Italy United Kingdom Kuwait Kuwait United Arab Emirates United Arab Emirates Switzerland Saudi Arabia Saudi Arabia

Research and Health Policy Plan Inc. Eben Bayer Founder and Chief Executive Officer Ecovative Design LLC USA Alexander Bazarov Vice-President Sberbank Russian Federation Abdullah Bazid Executive Vice-President, Strategy Saudi Basic Industries Saudi Arabia Planning Corporation (SABIC) Timothy

itute of Technology Madras A.P. Moller-Maersk AS Delta Air Lines Inc. Finland Morocco USA Canada United Kingdom USA France United Kingdom Chile USA Russian Federation Italy United Kingdom Kuwait Kuwait United Arab Emirates United Arab Emirates Switzerland Saudi Arabia Saudi Arabia

Research and Health Policy Plan Inc. Eben Bayer Founder and Chief Executive Officer Ecovative Design LLC USA Alexander Bazarov Vice-President Sberbank Russian Federation Abdullah Bazid Executive Vice-President, Strategy Saudi Basic Industries Saudi Arabia Planning Corporation (SABIC) Timothy

A Indonesia USA Malaysia United Kingdom Japan Nigeria Kuwait Nigeria Greece Canada Denmark United Kingdom Spain France United Kingdom Chile Russian Federation Italy United Arab Emirates Kuwait Kuwait United Arab Emirates Switzerland World Economic Forum Annual Meeting EFTA_R1_021

Agence France Presse (AFP) France Etihad Airways United Arab Emirates Uralkali OAO Russian Federation Kaiser Permanente Ecovative Design LLC Sberbank Bombardier Inc. Bain & Company Inc. Aecon Group Inc. Ecolab Inc. Columbia University BBC World News United Hatzalah of Israel Monsanto Compan

N AMERICA 37 Brazil — cheap but fundamentals continue to deteriorate 37 Mexico — expensive but still better than the alternatives 39 Chile — continued breakdown of the neo-liberal EFTA01466398 model 41 CEEMEA 42 South Africa — cheap currency but expensive equities Russia —

ction Net debt/EBITDA 11.7 10.3 4.3 1.8 Source: Deutsche Bank (Bob Kommers and Olga Gaydamakina), Company data Total debt 12 10.2 8.1 1.2 Sberbank 5.6 0.8 1.2 0.9 EFTA01466487 VTB 0.4 1.8 1.0 0.1 GZPB 0.6 0.8 2.3 NA Total 6.5 3.3 4.5 1.0 % of total debt 55% 32% 56% 81%

Institute of Technology Madras A.P. Maller-Maersk AS Delta Air Lines Inc. Finland Morocco USA Canada United Kingdom USA France United Kingdom Chile USA Russian Federation Italy United Kingdom Kuwait Kuwait United Arab Emirates United Arab Emirates Switzerland Saudi Arabia Saudi Arabia Canad

& Company Hilti Aktiengesellschaft EI Pais Bata Shoe Foundation Agence France Presse (AFP) Kaiser Foundation Health Plan Inc. Ecovative Design LLC Sberbank Saudi Basic Industries Corporation (SABIC) Crosby Holdings Ltd BMC Software Inc. Bombardier Inc. Bombardier Inc. EnBW Energie Baden- Wurttemberg AG