El entorno de insolvencia en la mayoría de los mercados avanzados registrará en 2016 poca o ninguna mejoría.
El informe difundido por Crédito y Caución alerta del agravamiento de las perspectivas de insolvencia en línea con las revisiones a la baja en las previsiones de crecimiento del PIB.
El informe recalca los efectos del Brexit, que influye en la confianza en muchos mercados avanzados y genera volatilidad en el mercado financiero. Tras la decisión del Reino Unido de salir de la Unión Europea, se prevé que sus insolvencias aumenten un 2% en 2016 y un 3% en 2017. La revisión de las previsiones ya está pesando sobre la confianza en muchos otros países de la zona euro, particularmente aquellos con alta exposición al Reino Unido.
En 2016 muchos mercados internacionales registrarán un aumento de los riesgos para hacer negocios. Tras el buen comportamiento de 2015, las perspectivas de riesgo para el 2016 se mueven bruscamente a la baja. Crédito y Caución espera muy poca o ninguna mejoría en la mayoría de los mercados en un entorno inestable debido a los bajos precios del petróleo, la normalización monetaria en Estados Unidos y los inciertos efectos de una desaceleración en los mercados emergentes.
Following a gap up start on firm global cues, markets dipped in late morning session and again took off since then to close in green with handsome gains. Positive U.S. economic data & Fed chairman Ben Bernanke’s statement evincing support to stimulus program buoyed sentiments globally including India. Additionally, sentiments got further boost after Economic Survey 2013 projected a higher growth and lower inflation for fiscal 2013-14. Nifty closed just below 5800.
En 2016 muchos mercados internacionales registrarán un aumento de los riesgos para hacer negocios. Tras el buen comportamiento de 2015, las perspectivas de riesgo para el 2016 se mueven bruscamente a la baja. Crédito y Caución espera muy poca o ninguna mejoría en la mayoría de los mercados en un entorno inestable debido a los bajos precios del petróleo, la normalización monetaria en Estados Unidos y los inciertos efectos de una desaceleración en los mercados emergentes.
Following a gap up start on firm global cues, markets dipped in late morning session and again took off since then to close in green with handsome gains. Positive U.S. economic data & Fed chairman Ben Bernanke’s statement evincing support to stimulus program buoyed sentiments globally including India. Additionally, sentiments got further boost after Economic Survey 2013 projected a higher growth and lower inflation for fiscal 2013-14. Nifty closed just below 5800.
The Federal Reserve held short-term interest rates steady and officials lowered projections of how
much they’ll raise them in the coming years, signs that persistently slow economic growth and low
inflation are forcing the central bank
Indian markets snapped their losing momentum despite disappointing IIP & retail inflation numbers and below estimates Dec Quarter result from heavyweights like SAIL & Oil India. Sensex gained 100 points to end the eight day losing streak. Oil & Gas was the top performing sectorial index driven primarily by above estimated Q3 numbers from ONGC. Dec IIP (Index of industrial production) shockingly contracted 0.6% Vs 0.1% contraction in Nov-2012 while retail inflation as measured by the consumer prices index (CPI) rose 10.79% in Jan-2013 Vs 10.56% in Dec-2012.
After yesterday’s massacre, some happiness returned on D-street as key benchmarks rose in the late morning deals despite mixed global cues. Finance Ministry’s clarification on validity of Tax Residency Certificate (TRC) provided the needed impetus to bounce back from yesterday’s lows. Finance Minister’s announcement on TRC during budget speech had earlier confused the foreign investors. Markets continued to trade in positive before closing in green with trimmed gains. Nifty gained 0.47% to close above 5700. Sensex gained 57 points to close above 18900.
Following a weak start tracking global cues, markets continued the dull trade throughout the day. The key benchmarks closed in negative terrain losing about half a percentage point with Nifty just above 5950. Globally, Eurozone debt concerns dominated the sentiments amid weak economic data from U.S.. Asian and U.S. indices closed largely in negative terrain while European indices were trading in positive terrain.
Whether you’re an individual taxpayer, an avid investor or you’re involved in running a business we invite you to view this informative presentation by Dr Chris Caton.
Dr Caton provides a general global and domestic economic market overview, including all aspects of the world markets and factors which will affect all of Australia over the next 6 -12 months.
The presentation includes:
> Financial markets
> Interest rates
> Exchange rates
> The share market and
> The implications of the budget.
Swedbank's Global Economic Outlook, 2010 March 18Swedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Federgon members (private employment agencies) can expect a slight improvement in market conditions in the coming months due to the somewhat more favorable economic outlook. Even with a growth forecast of 1% to 1.2% in 2014 recovery will only be partial.
The Federal Reserve held short-term interest rates steady and officials lowered projections of how
much they’ll raise them in the coming years, signs that persistently slow economic growth and low
inflation are forcing the central bank
Indian markets snapped their losing momentum despite disappointing IIP & retail inflation numbers and below estimates Dec Quarter result from heavyweights like SAIL & Oil India. Sensex gained 100 points to end the eight day losing streak. Oil & Gas was the top performing sectorial index driven primarily by above estimated Q3 numbers from ONGC. Dec IIP (Index of industrial production) shockingly contracted 0.6% Vs 0.1% contraction in Nov-2012 while retail inflation as measured by the consumer prices index (CPI) rose 10.79% in Jan-2013 Vs 10.56% in Dec-2012.
After yesterday’s massacre, some happiness returned on D-street as key benchmarks rose in the late morning deals despite mixed global cues. Finance Ministry’s clarification on validity of Tax Residency Certificate (TRC) provided the needed impetus to bounce back from yesterday’s lows. Finance Minister’s announcement on TRC during budget speech had earlier confused the foreign investors. Markets continued to trade in positive before closing in green with trimmed gains. Nifty gained 0.47% to close above 5700. Sensex gained 57 points to close above 18900.
Following a weak start tracking global cues, markets continued the dull trade throughout the day. The key benchmarks closed in negative terrain losing about half a percentage point with Nifty just above 5950. Globally, Eurozone debt concerns dominated the sentiments amid weak economic data from U.S.. Asian and U.S. indices closed largely in negative terrain while European indices were trading in positive terrain.
Whether you’re an individual taxpayer, an avid investor or you’re involved in running a business we invite you to view this informative presentation by Dr Chris Caton.
Dr Caton provides a general global and domestic economic market overview, including all aspects of the world markets and factors which will affect all of Australia over the next 6 -12 months.
The presentation includes:
> Financial markets
> Interest rates
> Exchange rates
> The share market and
> The implications of the budget.
Swedbank's Global Economic Outlook, 2010 March 18Swedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Federgon members (private employment agencies) can expect a slight improvement in market conditions in the coming months due to the somewhat more favorable economic outlook. Even with a growth forecast of 1% to 1.2% in 2014 recovery will only be partial.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
The Deloitte CFO Survey: 2013 Q1 resultsDeloitte UK
The Deloitte CFO Survey, launched in 2007, is a quarterly survey of Chief Financial Officers and Group Finance Directors of major UK companies. Over 300 CFOs, mainly from FTSE 350 companies, have joined the CFO Survey panel. The Survey captures shifts in UK CFOs' opinions on valuations, risks and financing and has become a benchmark for gauging financial attitudes of major corporate users of capital.
Ya hay 265 empresas FinTech en España. En esta actualización se incorpora Insight View (herramienta que nos da información sobre la solvencia y los niveles de riesgo de nuestros clientes) en la vertical de crédito
Economic outlook de Credito y Caucion - Mayo 2017Ignacio Jimenez
Repunte cíclico del comercio global pese a la incertidumbre y la debilidad estructural
El último Economic Outlook difundido por Crédito y Caución muestra una mejora de sus perspectivas económicas mundiales, pero resalta las debilidades estructurales no resueltas y el aumento de la incertidumbre.
Infografia: la gestion del riesgo en españa en numerosIgnacio Jimenez
Infografia que resume el estudio realizado por el IE Business School sobre la gestión de crédito en España con la colaboración de Iberinform y Crédito y Caución.
Plazos medios de pago, impagos significativos, comparación de impagos con la administración pública y entidades privadas.
El Barómetro de Prácticas de Pago revela el crecimiento del riesgo de crédito de las exportaciones de Europa del Este.
Europa del Este crecerá en 2016 en el entorno del 1,1%. A pesar del crecimiento de la región, su tejido empresarial afronta un incremento de la morosidad asociada a las exportaciones. Esta es una de las principales conclusiones de Barómetro de Prácticas de Pago difundido por Crédito y Caución, que muestra la preocupación del 20% de las empresas de la región, frente al 16% de Europa occidental, por sus niveles de flujos de caja debido al creciente riesgo de crédito del comercio derivado del retraso en los pagos de los compradores extranjeros.
Estudio gestión del riesgo de crédito - mayo 2016Ignacio Jimenez
Estudio de la Gestión del Riesgo de Crédito en España elaborado por el Observatorio de Cash Management que impulsan Iberinform, Crédito y Caución y el IE Business School
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
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Previsión de insolvencias de los mercados avanzados
1. Atradius Economic Research
Summary
The general outlook has worsened now that GDP forecasts have been revised downwards in
the wake of the Brexit referendum and subdued global demand.
Crédito y Caución forecasts 0% overall improvement in insolvencies in advanced
markets in both 2016 and 2017, the weakest performance since 2009.
Insolvencies in most advanced markets are expected to
show little to no improvement in 2016 and 2017
According to our insolvency forecast model, little to no
improvement is expected in business insolvencies in the
majority of advanced markets this year. The overall
outlook for insolvencies has worsened through 2016 in
line with downward revisions to GDP forecasts. Brexit is
likely to weigh on confidence in many advanced markets
and has created financial market volatility. Global demand
is expected to remain subdued, as low commodity prices
negatively affect economic growth in emerging markets.
In 2017 insolvencies are also anticipated to show little or
no improvement, which fits into the picture of a
weakening business cycle. Figure 2 and 3 summarize the
results by giving the percentage change in insolvencies
forecast per country for both this year and the next.
Figure 1 Insolvency developments matrix 2016
Vertical axis indicates trend, horizontal axis indicates level
Deteriorating
Austria, Canada,
Finland, New
Zealand
Australia,
Switzerland,
United States
Denmark, Greece
Stable
United Kingdom
France, Italy,
Luxembourg,
Portugal
Improving
Netherlands
Germany, Japan,
Norway, Sweden
Belgium, Ireland,
Spain
Low Average High
Source: Atradius Economic Research
Insolvency Forecasts
2. Commodity-rich countries like Australia and Norway will
continue to face headwinds in 2016 and 2017 following
the decline in commodity prices. While both countries are
making an effort to diversify their economies, and are
aided by depreciating currencies and loosening monetary
policies, bankruptcies for 2016 are forecast to increase by
8% in Australia and 2% in Norway.
The United States is projected to see a 3% rise in
insolvencies in 2016, which is a disruption of the
downward trend visible since 2011. Firms in the energy
sector are driving up aggregate insolvencies and weighing
on overall corporate profits. The Federal Reserve’s
tightening cycle could also make the business
environment more challenging by making commercial
loans more expensive.
Eurozone sees business failures improving from high
levels
Eurozone countries are forecast to see very modest
improvements in their business environments in 2016,
while most countries are still facing high annual levels of
corporate bankruptcies compared to 2007. Portugal and
Italy are expected to see a 2% decline in insolvencies this
year. However, this slight improvement is from levels
more than twice (Italy) or even four times (Portugal) as
high as before the crisis. Vulnerabilities to external
developments will put the brakes on improvements in
2017 in both economies, while systemic banking sector
problems may even reverse the trend.
Spain, on the other hand, followed by the Netherlands is
the best performer of the eurozone facing a 10% fall in
bankruptcies in 2016 (6% decline in the Netherlands) and
both countries can expect a further decline in 2017. Spain
is showing robust growth, though the economy is
recovering from a very low level. Business credit
conditions are improving and the drag on domestic
demand from deleveraging is expected to fade out.
Netherlands has faced economic difficulty as well in the
wake of the 2009 recession, but is going through a period
of catch-up growth mainly driven by higher domestic
demand. Another front runner is Ireland, which has seen a
strong improvement in insolvencies in earlier years, but
this is expected to face stagnation in 2017.
Bucking the trend is Greece, which is expected to face a
6% increase in business failures in 2016 followed by a
further moderate rise next year. While Greece’s economic
growth forecasts are slowly improving, the economy is
recovering from a very low level and the business
environment remains restricted by capital controls,
proving a difficult operating environment for small- and
medium- sized enterprises in particular. The insolvency
rate for 2016 is still a factor five of what it was in 2007.
Brexit results in worsening of the outlook
The decision of the UK to leave the European Union has
sparked a downward revision of GDP forecasts, which has
led to a worsening of bankruptcy projections in a number
of advanced markets. Insolvencies in the UK are projected
to rise by 2% in 2016 and by 3% in 2017. Brexit is already
weighing on confidence. UK’s PMI crashed into contraction
zone in July, falling to a level of 47.7 compared to 52.4 in
June, the lowest since April 2009. It seems likely that
Brexit will also impact confidence in many other eurozone
countries, particularly those with high exposure to the UK.
This is part of the reason why insolvency forecasts for
Ireland and Netherlands have been revised upwards. The
Brexit fallout is likely to extend to other European
countries as well, like Sweden, Finland and Denmark.
These countries will be struggling indirectly with the
economic slowdowns and loss of demand in other
European markets.
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