Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their risks and drawbacks, and today, criticism continues to mount for certain invoice financing tactics in particular. High-profile corporate collapses and questionable invoice discounting programs run by major conglomerates has led financial officials in the U.K., U.S., Australia and beyond to take ... Read More »
Tag Archives: trade
Every money-saving trade in sports this month, ranked by how little you should care
The NBA trade deadline is known for significant deals and non-stop activity that leaves our heads spinning. Where will Superstar X go? Wait, did Team A really trade for Exciting Player B? Holy crap, another Wojbomb! This is incredible! This year delivered again on that front, even though we didn’t think it would. But it’s also a wonderful time for the bean counters ... Read More »
Technology Is Already Eliminating Driver Jobs — Here’s How To Trade It
Shutterstock Everyone is worried about robots. Elon Musk fears they will kill us all if we give them both deadly weapons and autonomy. He certainly has a point, but the non-lethal scenarios are no picnic either. Robots are already taking over human jobs at a rapid pace. Robots are already taking over human jobs at a rapid pace. Worse, artificial intelligence (AI) systems ... Read More »
Trump victory shocks global firms reliant on open trade
Donald Trump’s victory in the U.S. election sent shockwaves through industries that rely on open trade, from airlines to cars and IT outsourcing, even though many executives remain unsure what his protectionist rhetoric will mean in practice. Throughout his presidential campaign, Trump has vowed to revive the U.S. economy by slashing taxes, preventing companies from making products overseas, renegotiating trade ... Read More »