UK Government Forms £10 Billion Reinsurance Backstop for Trade Credit Insurers June 4, 2020 By L.S. Howard The UK government has created a £10 billion (US$12.5 billion) reinsurance scheme designed to help businesses during the COVID-19 pandemic...
Coronavirus Blocks Farm Laborers from Working in UK – in Possible Foretaste of Brexit May 18, 2020 By Sylvia Hui Britain’s fruit and vegetable farmers have long dreaded their country’s exit from the European Union, worrying that it would keep...
Europe Faces Sweltering Summer with Below-Average Rainfall: Scientists May 18, 2020 By Jonathan Tirone Europe is set for a sweltering and tinder dry summer this year, posing trouble for farmers, utilities and transportation on...
UK Government to Create Temporary Reinsurance Backstop for Trade Credit Insurance May 13, 2020 By L.S. Howard The UK Treasury announced it is creating a government-backed temporary reinsurance scheme so businesses can continue to access trade credit...
German Economy Relies on Rhine River – But Levels Are Low Without April Rainfall April 28, 2020 By William Wilkes and Brian Parkin Germany’s spring showers haven’t materialized this year, and that’s drying out the country’s most important river, prompting concerns that key...
UK Insurers in Talks with Government About Creating Trade Credit Backstop April 20, 2020 By Carolyn Cohn British insurers are talking to the government about a backstop for trade credit insurance to support business supply chains hit...
Global Supply Chains Strained as Ship Crews Are Stuck in Lockdown April 7, 2020 By Claire Jiao, Siegfrid Alegado and Ann Koh Port restrictions and canceled flights are straining the ability to replace seafarers on board ships, further weakening global supply chains...
China’s Factories Hit with 2nd Blow from Coronavirus as External Demand Drops March 27, 2020 By Jinshan Hong and Lin Zhu Since last week, emails from foreign clients have been flooding into export manager Grace Gao’s in-box, asking to delay orders...
Coronavirus May Force Companies to Rethink Global Supply Chains: OECD Economist March 3, 2020 By William Horobin The upheaval from the coronavirus outbreak may be the final jolt that the world’s biggest companies need to reevaluate how...
Coronavirus’ Hits to Supply Chains Could Surpass Natural Disasters: Opinion February 26, 2020 By Anjani Trivedi, Bloomberg Opinion Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor...