We live in an increasingly volatile world, where change is the only constant. Businesses, too, face rapidly changing environments and associated risks that they need to adapt to—or risk falling behind. These can range from supply chain issues due to shipping blockages, to disruptions from natural catastrophes. As countries and companies continue to grapple with the effects of the pandemic, nearly 3,000 risk management experts were surveyed for the Allianz Risk Barometer, unco
Maritime transport is an essential part of international trade—approximately 80% of global merchandise is shipped via sea. Because of its importance, commercial shipping relies on strategic trade routes to move goods efficiently. These waterways are used by thousands of vessels a year—but it’s not always smooth sailing. In fact, there are certain points along these routes that pose a risk to the whole system. Here’s a look at the world’s most vulnerable maritime bottlenecks—a
Switzerland tops the GlobalData Country Risk Index as the world's least risky country, while Venezuela ranks bottom, but what does the risk factor mean for a location's FDI inflows? Key findings from assessing the relationships between a country's risk score and FDI and GDP per capita: - Switzerland tops the ranking as the least risky country. - Venezuela is the riskiest country. - FDI and GDP per capita are negatively correlated against country risk. - More successful FDI co
Which countries have the highest levels of economic risk, and which are best positioned to continue weathering the COVID-19 storm? In times of crisis, risk is thrown under the microscope and former assumptions are reassessed. From the political climate to the flow of international trade, the impact of COVID-19 has destabilized macroeconomic conditions in many jurisdictions globally. The above Markets in a Minute chart from New York Life Investments is a macroeconomic risk map
Over the past few months, Customs authorities in Latin America and the Caribbean have had to work hard and think outside the box in response to the COVID-19 pandemic. Tons of personal protective equipment, including masks, gowns, medical devices, medicines, and disinfectant products, as well as food and other necessities, have passed through these agencies. Those shipments had to be prioritized and dispatched quickly and safely, without neglecting the regular flows of trade.
Great article from BRINK that underlines the need for digitalisation, standardisation and interoperability in the supply chain, the theme of GTDW China Trade Development Week, June, Shanghai, the only multimodal program dedicated to Making international trade safe, efficient & secure Manufacturing organizations are facing an unprecedented array of risks to their supply chains in the next few years. If not managed well, these risks may result in severe supply chain disruptions
Welcome back to the new year and a new decade for The 4th GTDW Anti Illicit Trade, Brand & IPR Protection Conference + GTDW Trade Facilitation, Compliance & Digitalisation Conference & Exhibition our biggest edition to date returns to Shanghai Pudong, China from 16-18 June, presented in English & Mandarin as part of the 19th Edition of Global Trade Development Week. Theme: Digitalization, Standardization & Interoperability of Technologies. 800 International delegates, 80 Spea
The 19th Global Trade Development Week takes place from 16-18 June in Shanghai, China. Jointly organised with APMEN Shanghai in English & Mandarin includes 2 Co-located programs + Technologies Exhibition: GTDW Technology for Trade Facilitation, Compliance & Digitalisation Conference GTDW Anti Illicit Trade, Brand & IPR Protection Conference GTDW Technologies & Innovation Exhibition (Limited Spaces!) (LIMITED!) FREE program is open to: Customs & Tax Authorities Ministries of