Your Monday morning coffee briefing from TFG. The world is emerging from a deep recession, and the recovery is coming faster than expected. With more than 800m vaccines administered globally, activity holding up despite lockdowns and additional fiscal stimulus coming. The IMF expects the global economy to stage a strong recovery, growing by 6.0% this year, with growth of 4.4% in 2022.
Trade receivables securitisation to the rescue? Businesses will need to become securitisation savvy if we are to plug the trade finance gap
The first half of 2021 should be similar to the year 2020, marked by the strongest global recession since the end of the Second World War.