Mithridatism: After the trade recession, exporters are more optimistic in 2024 but also more concerned with (and also more used to?) geopolitical risks, shortages of inputs and labor and financing and non-payment risks.
Advantage running out and penalties looming: Most countries are seeing
double-digit rebounds in business insolvencies as excess cash dwindles,
leaving the most vulnerable corporates caught between a rock and a
hard place in 2023.