TFG heard from Andreas Tesch of Atradius on the status of credit insurance market in Asia and the key initiatives taken in response to Covid-19’s impact on Asian trade.
The speed and severity of the economic downturn has been far greater than the last recession, in 2008–09. The IMF forecasts that world GDP will shrink by almost 5% this year. Growth is coming back as the lockdown eases.
Enterprises in EDEs face enormous financing challenges to respond to new export market opportunities and grow their businesses sustainably.
2019 has been a fairly promising year of growth for some emerging and developing markets, but with continued regulatory scrutiny, correspondent banking relationships continuing to be a cut, and a sluggish growth forecast for 2020, what does this mean for trade in EDE’s?
With over 80% of the worlds population living in emerging markets, it is vitally important for international businesses to understand the benefits, as well as the risks, involved with each… read more →
Where is the economy? Last year GDP in the UK was 2.5% and many question whether it will remain at the same level this year amid high levels of uncertainty.… read more →
By 2016, over half of the UK’s SMEs expect to be exporting their goods and services around the world; that’s an increase of one fifth over the next year. This… read more →
