Explore Coface's comprehensive Risk Dashboard, providing in-depth risk assessments for 160 countries and 13 industry sectors to make strategic decisions
#Economic publications
As the Middle East moves towards a fragile lull in hostilities, the economic shock caused by the conflict – supply chains perturbation, inflation… - is already spreading to the global economy. Against this backdrop, Coface has carried out 8 country downgrades and 45 sector rating changes (41 downgrades, compared with just 4 upgrades).
#Economic publications
In an uncertain economic climate, companies in Latin America are tightening their credit terms to protect themselves, but without managing to stem the rise in payments delays. Nearly 8 in 10 companies are now facing payments delay, a rising figure, despite shorter payment terms. This dual trend illustrates the mounting cash flow pressures in the region, against a backdrop of high financing costs and fierce competition.
#Economic publications
The global business climate is deteriorating at an accelerating pace: business insolvencies surged by 12% in early 2026, driven by North America (+22%). Against a backdrop of geopolitical tensions and mounting cost pressures, Coface now forecasts a 6% rise in insolvencies worldwide for 2026.
#Economic publications
The compromise reached on 20 May between the Council of the European Union and the European Parliament on the texts ratifying the Turnberry Agreement marks a new stage in trade relations between Brussels and Washington. But behind the appearance of a transatlantic thaw, the agreement primarily reflects a risk management approach: the aim is to avoid a new surge in US protectionism whilst retaining the means to retaliate should the United States renege on its commitments.
#Economic publications
Better equipped than its competitors to deal with energy shocks, China is currently limiting supply disruptions linked to tensions in the Middle East. However, rising input costs, combined with a slowdown in global demand, are weighing on already stretched corporate margins.
Navigate uncertainty with Coface's global risk assessments for +160 countries and 13 sectors.
#Economic publications
The trade war dominated economic news in 2025, and all the signs suggest it is far from over. Firstly, this article reviews the evidence pointing to the cost of tariffs being absorbed primarily by US companies. It then assesses the resilience of global trade.
#Economic publications
While overall insolvency figures across Central and Eastern Europe stabilised overall in 2025, Coface’s latest CEE Insolvency Study reveals a far more fragmented reality, with sharp divergences between countries and sectors increasingly shaped by diverging macroeconomic conditions.
#Economic publications
The conflict in the Middle East and perturbations in the Strait of Hormuz have highlighted the fragility of the global maritime system. Against this backdrop, Arctic shipping routes are attracting renewed interest, as climate change makes navigation along them easier. Coface’s analysis shows, however, that within five years their commercial impact will remain marginal, although they could nevertheless offer significant benefits for certain commodity flows.
#Economic publications
More than three years after the launch of ChatGPT, the impact of artificial intelligence (AI) on employment remains largely invisible in aggregate statistics. However, it is beginning to emerge on the fringes in certain segments of the labor market, particularly in entry-level roles within the most vulnerable sectors. By providing a unique mapping of the exposure to AI-driven automation of the tasks that make up different occupations, this joint study by Coface and the Observatory of Threatened and Emerging Jobs (OEM) highlights a shift in the frontier of automation.
Navigate uncertainty with Coface's global risk assessments for +160 countries and 13 sectors.
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