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There are welcome signs that the UK is finally headed for calmer waters after years of economic and political headwinds, while it seems to be a case of slow and steady growth in Ireland. Jonathan looks at what this means for trade risk and identifies some distant threats on the horizon.
#Corporate news
As part of our continued focus on client service experience and commitment to growth, Coface has made changes to its CGS UK & Ireland team. These changes reinforce our commitment to service excellence and our ambition to become the partner of choice for multinational clients.
In Q1 2024, the global economy improves slightly from previous years marked by pandemic, Russia-Ukraine conflict, and US banking crisis. However, US activity slows down, with emerging countries driving growth. Global economic, social, and political risks persist, including the dissolution of the French National Assembly. Consequently, Coface adjusts assessments for 5 countries and 26 sectors, indicating short-term positive outlook only.
#Economic publications
The general elections of May 2023 marked a shift in Turkish economic policy with the implementation of more orthodox policies to end a period characterised by negative real interest rates and a sharp depreciation of the lira. The local elections in March 2024 marked a further step in this strategy with a tightening of financial conditions to stabilise the economy, reduce runaway inflation and strengthen the country's macroeconomic foundations.
There are welcome signs that the UK is finally headed for calmer waters after years of economic and political headwinds, while it seems to be a case of slow and steady growth in Ireland. Jonathan looks at what this means for trade risk and identifies some distant threats on the horizon.
In Q1 2024, the global economy improves slightly from previous years marked by pandemic, Russia-Ukraine conflict, and US banking crisis. However, US activity slows down, with emerging countries driving growth. Global economic, social, and political risks persist, including the dissolution of the French National Assembly. Consequently, Coface adjusts assessments for 5 countries and 26 sectors, indicating short-term positive outlook only.
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#Expert advice
The more you know about Coface Credit Insurance, the more sense it makes. So here are quick answers to some of the questions we are asked most frequently. Need more detailed information? Got a different question? Ask us anything, and feel free to contact us at any time.
#Expert advice
Bad debt insurance offers just one kind of protection for your business: against customer insolvency and the resulting loss of income if a bill isn’t paid as a result.
#Our solutions
Because nowadays companies' needs go beyond simply accessing large sources of data in real time, Coface collects, cross-checks and analysis massive volumes of data (Big Data). Enhanced each day by the analyses of 700 risk management experts, this exclusive data generates unique insights for Coface's clients and partners. Or how to turn commercial risk into an opportunity for growth!
Download our quick start guide for credit insurance.
#Our solutions
Whether it’s a visit from a loved one, a gift to remember, or a card from an old friend, surprises are a treat at Christmas, but for anyone in business, they are rarely welcome at any time of year!
#Online Event
#Online Event
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Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.
