As the world moves toward a global economy, cross-border asset-based lending is becoming a way for small- and medium-sized businesses to work together to complete transactions. Fatos Selita discusses the advantages of crossing borders to make deals.
Bloomberg reported that tumbling stocks, oil and junk debt raise questions on the timing of a Fed rate hike. Bloomberg said that last weeks’ selloff suggests financial markets may beat the Fed to tightening ahead of the September meeting.
U.S. financial officers gave the economy its highest score in five years and were significantly more confident about economic growth in 2013 in the latest Bank of America Merrill Lynch CFO Outlook survey.
CEOs are more optimistic about prospects for the global economy than they are for the U.S. economy, according to a recent Business Council survey.
The majority of CEOs say the global economy will remain stalled in 2013 with fiscal deficits, over-regulation and economy the top concerns in PwC’s 16th Annual Global CEO Survey.