All in all this year, we expect double-digit increases in bankruptcies for half of the world. Year-to-date, the number of business insolvencies worldwide has increased by +9% and the rise has been broad-based across geographies and sectors.
Tropical cyclones (TCs), are among the most destructive extreme weather events globally, causing an average of 43 deaths and USD78mn in economic damages daily.
China’s easing packages, country and sector risk updates, the durable goods rollercoaster and the great loosening cycle for central banks around the world