Month: May 2014

China doesn’t affect me. Are you sure?

Earlier this month we highlighted the marked increase in past due receivables being held by companies in the Eurozone and now this past week Reuters reports that as China’s economy continues to cool, companies are waiting longer and finding it harder to get paid for goods and services they’ve already sold, leading to record amounts…

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Private Sector CashCrunch: Euro Style

Dreaming of expanding your global reach by exporting your products or services to the Eurozone? Perhaps it’s time to think again and put your ego in check and  focus on broadening your reach in domestic markets instead.  Although exporting to Saskatchewan, British Columbia or Ontario may not sound as sexy as doing business in Milan,…

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