Small businesses are essential to fuel the economy and create good jobs. America’s 33.2 million small businesses account for more than 99% of all U.S. companies and employ just under 47% of private sector employees. But small businesses have been hit hard during the pandemic—and now cite inflation, worker shortages, and supply chain issues as major challenges. Large… Seguir leyendo 5 Things Large Companies Can Do Right Now to Help Small Businesses
Categoría: Economy
Global Economic Recovery Endures but the Road Is Getting Rocky
The global economy’s gradual recovery from both the pandemic and Russia’s invasion of Ukraine remains on track. China’s reopened economy is rebounding strongly. Supply chain disruptions are unwinding, while dislocations to energy and food markets caused by the war are receding. Simultaneously, the massive and synchronized tightening of monetary policy by most central banks should… Seguir leyendo Global Economic Recovery Endures but the Road Is Getting Rocky
Interesting Forum on rebuilding a world-class Midtown Post-COVID
New York, N.Y. April 9, 2023.- Few things are more important today than creating the blueprint for rebuilding and reimagining the path to bring back the greatness of Midtown Manhattan, and with still less than 60 % of the work-force returning to their offices in Midtown, the future is uncertain. Yet there are many ideas that… Seguir leyendo Interesting Forum on rebuilding a world-class Midtown Post-COVID
Global Portfolio Asset Holdings Decrease Amid Elevated Uncertainty
A Chinese insurance company buys listed shares of a Swiss bank. A UK pension fund invests in US Treasury bonds. A multinational tech company holds shares of an investment fund in the Cayman Islands. All the above are examples of portfolio investment assets. These can include both equity and debt securities, though they differ from… Seguir leyendo Global Portfolio Asset Holdings Decrease Amid Elevated Uncertainty
The Biggest Challenges Small Businesses Are Facing Right Now
Inflation remains the single top concern among small business owners according to a recent report from the Chamber. At the same time, other concerns including revenue, supply chain issues, rising interest rates, and access to capital are viewed as second-tier challenges. Here are the top concerns of American small businesses according to the latest MetLife and… Seguir leyendo The Biggest Challenges Small Businesses Are Facing Right Now
IDB Invest Welcomes South Korea’s KEXIM to its Trade Finance Facilitation Program
PANAMA CITY – At a signing ceremony during the Annual Meeting of the Boards of Governors of the Inter-American Development Bank (IDB) and IDB Invest in Panama this week, IDB Invest CEO James Scriven and KEXIM Chairman and President Hee-Sung Yoon announced the incorporation of KEXIM, an official export credit agency in South Korea, as a Confirming… Seguir leyendo IDB Invest Welcomes South Korea’s KEXIM to its Trade Finance Facilitation Program
Double-Click for Women: Closing the Digital Divide from a Private-Sector Perspective
The gender digital divide is real and is leaving women and girls out of strategic areas of education, technology innovation and labor inclusion. A recent study carried out by the Inter-American Development Bank, IDB Invest and IDB Lab called highlights the lack of access, education, and use and training in technology as the three elements… Seguir leyendo Double-Click for Women: Closing the Digital Divide from a Private-Sector Perspective
Looser Financial Conditions Pose Conundrum for Central Banks
Despite sharp monetary policy tightening, financial conditions have eased around much of the globe, posing a challenge for central banks. Central banks aggressively hiked interest rates last year as inflation in many countries rose to the highest levels in decades. Now, falling energy prices are reducing headline inflation and fueling optimism that monetary policy may… Seguir leyendo Looser Financial Conditions Pose Conundrum for Central Banks
Dept. of Labor’s Independent Contractor Proposal Takes Aim at Sole Proprietors
The Department of Labor’s Wage and Hour Division’s recently proposed regulation redefines how to classify employees and independent contractors under the Fair Labor Standards Act. Here’s what businesses across industries need to know. Imagine if a powerful agency such as the U.S. Department of Labor decided to change its current policy in a way that threatened… Seguir leyendo Dept. of Labor’s Independent Contractor Proposal Takes Aim at Sole Proprietors
G20 was born out of an economic crisis, now has the opportunity to avoid a new crisis
The inclination for a country to turn inward in times of crisis is as old as the need for multilateral institutions to help uphold and shape a cooperative and productive world order. And after almost three years of uncertainty with COVID, then rising inflation and Russia’s unprovoked invasion of Ukraine, we are in a time… Seguir leyendo G20 was born out of an economic crisis, now has the opportunity to avoid a new crisis