Navigating AT&T's Debt Peaks, EY's IT Wars, and Japan's New Horizons - Your Weekly Baker Ing Bulletin: 13th July 2023

?? Welcome to this week's Baker Ing Bulletin! We delve into critical stories shaking up the credit landscape in the past week. We welcome your thoughts on these developments and more in the comments section.

Delve deeper into the implications of these events and more by heading over to our blog "How to Thrive in the New Era of Credit Management" at:?https://bakering.global/2023/07/how-to-thrive-in-the-new-era-of-credit-management/

?? AT&T's Mounting Payables ??

In an eyebrow-raising revelation, telecom behemoth AT&T has found itself navigating $13 billion in unexplained payables. This development has the potential to unsettle AT&T's creditworthiness and its timely fulfilment of trade credit obligations. Trade credit stakeholders linked with AT&T must now stay vigilant, keeping a close eye on future financial statements and any strategic manoeuvres. Revisiting payment terms and risk profiles of such entities is on the cards.

?? EY China's IT Costs Dispute ??

Not all is calm within the EY world as EY China locks horns with global leaders over IT costs. This dispute could echo through the creditworthiness of multinationals like EY, influencing credit management decisions. The learning here is to weave such internal disputes into the fabric of our risk assessments and credit term decisions with large corporations.

???? Unveiling Poland's Credit Landscape: A Deep Dive ????

In a significant development, a new report titled "Poland Spotlight 2023" has been released. This comprehensive analysis, backed by the expertise of CFO Chris Snelson, provides a detailed exploration of Poland's unique credit landscape. The report offers valuable insights into the complexities of the Polish market, its current trends, and risk assessment methods. The key takeaway? Stay informed and adapt your strategies to navigate distinctive market structures like Poland's effectively. Read more here: https://bakering.global/2023/07/poland-spotlight/

???? Japan's Renewed US Appetite ????

As Japanese corporations dust off their US expansion plans, we must brace ourselves for an upswing in cross-border trade. This expansion could affect existing credit risk profiles and necessitate the calibration of credit terms and risk assessments to reflect this new reality. The lesson here is to ensure flexibility in our risk assessment models to accommodate such geostrategic shifts.

?? DHL's Latin America Expansion: A Response to China Diversification? ??

DHL's decision to pour €500mn into Latin America underscores a mounting trend - businesses are exploring life beyond China's supply chain. This has implications for credit decisions, as businesses expanding their footprint into uncharted territories represent a mix of risk and opportunity. As a rule of thumb, supply chain diversification should be reflected in our trade credit strategies.

?? Amazon Challenges EU Digital Rules ??

As Amazon becomes the first US company to mount a challenge against the proposed EU digital rules, the tech sector's regulatory environment could be in for a shake-up. The possibility of such a seismic shift in regulation could trickle down to the operational robustness and financial health of tech firms, informing our risk assessments and credit terms. The takeaway is to remain in sync with regulatory shifts and fine-tune our strategies, taking into account the potential impacts on our tech company portfolios.

Delve deeper into the implications of these events and more by heading over to our blog "How to Thrive in the New Era of Credit Management" at:?https://bakering.global/2023/07/how-to-thrive-in-the-new-era-of-credit-management/

As we wrap up this week's bulletin, we remember our commitment to empowering you with the knowledge and tools to make informed decisions. Your ability to adapt and respond effectively to these ever-evolving trends will play a critical role in the performance and resilience of your credit portfolio. Stay tuned to our next weekly bulletin for more insights and, in the meantime, stay ahead with Baker Ing by visiting?https://bakering.global/global-outlook/?for comprehensive analyses.

As always, we welcome your thoughts and feedback.