Podcasts about allianz trade

Erfolg ist kein Zufall, sondern das Ergebnis von klarer Strategie und harter Arbeit. Niemand weiß das besser als Julia Goldhammer. Als Vice President & General Manager Europe Central at The LEGO Group leitet sie das Geschäft einer der stärksten und emotionalsten Love Brands der Welt in einer der wichtigsten globalen Kernregionen. Im Gespräch mit Carsten Puschmann spricht sie über Haltung im Job und erklärt, warum echter Fortschritt Disziplin und die richtige Einstellung erfordert.Julia nimmt uns mit auf ihre beeindruckende Karriere-Reise – von den prägenden Lehrjahren bei Procter & Gamble über Luxus- und Lifestyle-Marken bis hin zum Spitzenposition im DACH-Markt bei der LEGO Gruppe. Sie berichtet offen von den Veränderungen des Handels nach der Pandemie, der Königsdisziplin Omni-Channel und wie es gelingt, eine generationsübergreifende Marke durch innovative Social-Media-Wege (wie TikTok und WhatsApp) und virale Kampagnen immer wieder neu zu erfinden. Eine Folge voller Leadership-Insights über die Vermeidung von Mikromanagement, radikale Fokussierung und den Mut, die eigene Komfortzone zu verlassen.Wir reden über

Im April 2005 nannte der damalige SPD-Chef Franz Müntefering Finanzinvestoren „Heuschrecken" – auf der internen SPD-Liste standen elf Namen: KKR, Apax, Goldman Sachs, BC Partners, Carlyle, Permira, Blackstone, CVC, Advent, Saban und WCM. Münteferings Lehrstück war die Grohe AG. Einundzwanzig Jahre später ist Grohe globaler Marktführer im Sanitärbereich, Hauptsitz Düsseldorf, mehrere tausend Beschäftigte. Bei Grohe ist die Heuschrecke zu einem Aufbauhelfer geworden.Im Juni 2026 fand in Berlin die SuperReturn International statt – das weltgrößte Branchentreffen mit über 6.000 Investoren aus 80 Ländern und rund 50 Billionen Dollar Anlagevermögen. Die deutsche Realität dazu: Jedes vierte Startup erwägt laut Digitalwirtschaftsverband Bitkom, das Land zu verlassen, weil es hier keine Wachstumsfinanzierung findet. Über 75 Prozent des Wagniskapitals im ersten Quartal 2026 kamen aus dem Ausland. 2,8 Billionen Euro Anlagekapital liegen in deutschen Versicherungen, Pensionskassen und Stiftungen. 14 Milliarden Euro davon könnten jährlich in deutsche Wachstumsunternehmen fließen – wenn die Regeln passen würden. Die deutsche Wachstumsfrage ist eine deutsche Kapitalfrage.Daniel Stelter spricht darüber mit Ulrike Hinrichs, Hauptgeschäftsführerin des Bundesverbandes Beteiligungskapital (BVK), der sich selbst als Stimme der Venture-Capital- und Private-Equity-Branche in Deutschland bezeichnet.Hinweis ABSTURZ – So retten wir Deutschland: das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceBitkom Startup-Report 2025: https://tinyurl.com/bddhdt3j Bitkom-Befragung 2026 Kapitalmangel treibt Startups ins Ausland: https://tinyurl.com/2s4c84ta KfW Venture-Capital-Dashboard KfW-Report: 1,7 Miliarden Euro VC-Kapital in Q1/26: https://tinyurl.com/yntpnk6n beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Ein exklusives Angebot für alle „bto – beyond the obvious – featured by Handelsblatt”-Hörer*innen: Testen Sie Handelsblatt Premium 4 Wochen lang für 1 Euro und bleiben Sie zur aktuellen Wirtschafts- und Finanzlage informiert. Mehr erfahren Sie unter: https://handelsblatt.com/mehrperspektiven Werbepartner – Das Angebot von Allianz Trade finden Sie unter: allianz-trade.de/bto.Weitere Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

Stephen Grootes speaks to Luca Moneta, Senior Economist for Emerging Markets at Allianz Trade,about the economic impact of the 2026 FIFA World Cup, and why its multibillion-dollar boost to North America will be significant but ultimately short-lived, with tourism and hospitality sectors emerging as the biggest winners. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Der perfekte Content hat kein Rezeptbuch – er braucht Intuition, Erfahrung und einen messerscharfen Sensor für den Zeitgeist. Tim Eichel weiß genau, wie man Geschichten erzählt, die global hängenbleiben. Als internationaler Producer und Kreativer im Entertainment-Bereich zieht er im Hintergrund die Fäden bei Musikvideos für Clueso, Werbekampagnen mit Welt-DJane Peggy Gou oder Großprojekten für die UEFA in Miami. Er pendelt zwischen Los Angeles, New York, Ibiza und Düsseldorf – und ist immer genau dort, wo das kreative Chaos gemanagt werden muss. Für Tim ist der Producer wie ein Flugzeugpilot: Er trägt die volle Verantwortung und muss die Contenance bewahren, wenn das Projekt mitten durch ein Gewitter fliegt.Im Gespräch mit Carsten Puschmann gibt der Manager von Made in Berlin einen ungeschminkten Blick hinter die Kulissen der weltweiten Kreativwirtschaft. Es geht um den Mut, die eigene Komfortzone radikal zu verlassen, warum langwierige Studiengänge in der Praxis oft versagen und wie man lernt, Chaos nicht nur zu verwalten, sondern proaktiv zu nutzen. Außerdem nimmt Tim kein Blatt vor den Mund, wenn es um den aktuellen Status quo in Deutschland geht: Ein offenes Gespräch über die lähmende Angst vor dem Scheitern, warum Stagnation brandgefährlich ist und weshalb wir dringend wieder mehr Optimismus, Eigenverantwortung und unternehmerischen „Biss“ brauchen.Wir reden über

Thomas Sattelberger, ein ehemaliger deutscher Spitzenmanager bei verschiedenen Großunternehmen, sagte einmal in einem Interview: „China hat eine Vision. Wir hingegen warten auf die Not oder den Gegner.” Der Ökonom Dr. Jochen Andritzky, früherer Generalsekretär des Sachverständigenrates für die Beurteilung der gesamtwirtschaftlichen Entwicklung (Fünf Wirtschaftsweise) und Mitgründer der Zukunft-Fabrik.2050 zitierte diese Aussage Sattelbergers in der vorangegangenen bto-Episode #395 und in seinem neuen Buch. Doch das ist viel mehr als nur ein griffiger Satz. Es ist der Kern eines Befundes, den Sattelberger seit Jahren wiederholt – und den er im Sommer 2024 in einem ausführlichen Expertengespräch mit Daniel Stelter bei bto begründet hat. Auf die Frage, warum so wenige Wirtschaftsvertreter in die Politik gehen, warum Parteien Quereinsteiger fürchten und welche Konsequenzen die politische Verschlossenheit für unsere wirtschaftspolitischen Entscheidungen hat, konstatierte Sattelberger: Unser politisches System rekrutiert seine Spitzenkräfte aus dem eigenen Apparat. Wirtschaftserfahrung, technische Expertise, internationale Praxis – alles, was außerhalb der Parteihierarchien liegt, hat im Bundestag und in den Ministerien kaum eine Chance. Im Kontext zu Andritzkys Analyse ist es Zeit für ein bto REFRESH.Hinweis ABSTURZ – So retten wir Deutschland: das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceOriginalfolge bto #246 Von Wirtschaft kaum Ahnung mit Thomas Sattelberger (Juni 2024): https://tinyurl.com/nhx7axyn Originalfolge bto #395 Visionen braucht das Land mit Dr. Jochen Andritzky (Juni 2026): https://tinyurl.com/bdejf4wb Buch Radikal neu — Gegen Mittelmaß und Abstieg in Politik und Wirtschaft von Thomas Sattelberger (2023): https://tinyurl.com/5n8uu5vr ZF2050-Analyse Sind Bundestagsausschüsse fachlich gut besetzt? (2025) von Jochen Andritzky und Steffen Issleib: https://tinyurl.com/4ss22hbn ZF2050-Kandidatenanalyse zur Bundestagswahl Die Kandidaten zur Bundestagswahl — Politikprofis und Beamte? (2025) von Jochen Andritzky und Steffen Issleib: https://tinyurl.com/bdzymeja Buch Visionen braucht das Land — Für eine langfristige Politik mit Mut zur Zukunft von Jochen Andritzky: https://tinyurl.com/2kz36fra Studie From the Pledge to Poll — Investigating the Impact of Campaign Promises on Party Alignment (2025) von Prof. Dr. Michael Ganslmeier: https://tinyurl.com/526az4nn beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Ein exklusives Angebot für alle „bto – beyond the obvious – featured by Handelsblatt”-Hörer*innen: Testen Sie Handelsblatt Premium 4 Wochen lang für 1 Euro und bleiben Sie zur aktuellen Wirtschafts- und Finanzlage informiert. Mehr erfahren Sie unter: https://handelsblatt.com/mehrperspektiven Werbepartner – Das Angebot von Allianz Trade finden Sie unter: allianz-trade.de/bto.Weitere Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

Ende Mai 2026 hat der Sachverständigenrat für die Beurteilung der gesamtwirtschaftlichen Entwicklung – Fünf Wirtschaftsweise – sein Frühjahrsgutachten vorgelegt. Mit einer harten Diagnose: Die deutsche Wirtschaft befindet sich im siebten Jahr einer anhaltenden Schwäche, die Ursachen sind strukturell, der Gesamtsozialversicherungsbeitragssatz steigt unter geltendem Recht bis zum Jahr 2040 auf 49,7 Prozent. Die Empfehlungen des Rates sind technisch sauber – und bleiben doch im Klein-Klein der Maßnahmen.Daniel Stelter spricht in dieser Folge mit dem Ökonomen Dr. Jochen Andritzky. Der Mitgründer der Zukunft-Fabrik.2050 war von 2015 bis 2019 Generalsekretär des Sachverständigenrates und damit Chef genau jenes wissenschaftlichen Stabes, der die Gutachten erarbeitet. Heute, sechs Jahre nach seinem Ausscheiden, legt er ein Buch vor, das die institutionelle Logik seiner früheren Wirkungsstätte offen herausfordert: „Visionen braucht das Land”. Sein Befund: Eine Politik, die nur Symptome adressiert und keine Vision formuliert, überfordert Staat, Wirtschaft und Gesellschaft gleichermaßen.Hinweis ABSTURZ – So retten wir Deutschland: das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceFrühjahrsgutachten 2026: Konjunktur mit mäßigem Schwung – Sozialversicherungen unter Reformdruck des Sachverständigenrats zur Begutachtung der gesamtwirtschaftlichen Entwicklung: https://tinyurl.com/57er9nvc Buch Visionen braucht das Land — Für eine langfristige Politik mit Mut zur Zukunft von Jochen Andritzkyhttps://tinyurl.com/2kz36fra beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Ein exklusives Angebot für alle „bto – beyond the obvious – featured by Handelsblatt”-Hörer*innen: Testen Sie Handelsblatt Premium 4 Wochen lang für 1 Euro und bleiben Sie zur aktuellen Wirtschafts- und Finanzlage informiert. Mehr erfahren Sie unter: https://handelsblatt.com/mehrperspektiven Werbepartner – Das Angebot von Allianz Trade finden Sie unter: allianz-trade.de/bto.Weitere Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

Manche suchen mit Ende 50 den Vorruhestand, Ira Schink suchte die Gewerbeanmeldung. In dieser Folge von How to Hack spricht Carsten Puschmann mit einer Frau, die nach Jahrzehnten im Angestelltenverhältnis den Sprung in die Selbstständigkeit gewagt hat – und das mit 57 Jahren. Heute verwaltet sie hunderte Wohneinheiten und genießt eine Freiheit, die sie im „engen Korsett“ kommunaler Unternehmen vermisst hat.Ira gibt uns einen ehrlichen Einblick in ihr Leben als „späte“ Gründerin und als Mutter zweier Töchter: Die eine steht als Journalistin für klare Kante im Rampenlicht, die andere steuert als Projektmanagerin globale Konzernprozesse. Ein Gespräch über die Hands-on-Mentalität, den Zustand des Standorts Deutschland, warum Arbeit sich wieder lohnen muss und weshalb es nie zu spät ist, das System zu sprengen.Wir reden über

Kurz vor der Bundestagswahl, im Februar 2025, hat Prof. Hans-Werner Sinn bei bto in Episode #277 die Wahlprogramme der Parteien analysiert. Sein Befund: Deutschland brauche einen radikalen Neustart, der weit über die Agenda 2010 hinausgeht. Doch keine der antretenden Parteien – weder Union, SPD, Grüne, FDP, BSW noch AfD – habe die nötigen wirtschaftspolitischen Antworten geliefert, um den Niedergang aufzuhalten.14 Monate später passt die Bilanz der Koalition aus Union und SPD unter Friedrich Merz in das Bild, das Sinn gezeichnet hat: Verteidigungsausgaben steigen kreditfinanziert, die Schuldenbremse wurde über Sondervermögen ausgehöhlt, statt Reform baut das Rentenpaket mit Mütterrente III und Aktivrente den Sozialstaat weiter aus und der IMF Fiscal Monitor (04/2026) weist Deutschland als das Industrieland mit der größten fiskalischen Verschlechterung aus.Seit der Folge „Wahl ohne Wahl?” hat Sinn nachgelegt: Sein neues Buch „Trump, Putin und die Vereinigten Staaten von Europa" (Dezember 2025) plädiert für eine politische Union mit eigener Armee. Die Wirtschaftspolitik der Koalition hat er wiederholt scharf kritisiert. Zeit für ein bto REFRESH.Hinweis ABSTURZ – So retten wir Deutschland: das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceOriginalfolge bto #277 Wahl ohne Wahl? (Februar 2025) mit Prof. Hans-Werner Sinn: https://tinyurl.com/mrxf2a5z Buch Trump, Putin und die Vereinigten Staaten von Europa von Hans-Werner Sinn: https://tinyurl.com/2wwb2f5d €uro-Interview Was lehrt die Geschichte für unsere Lage, Herr Prof. Sinn? (13. Dezember 2025): https://tinyurl.com/yeyf6a7x SWR1-Interview So steht es um die deutsche Wirtschaft mit Prof. Hans-Werner Sinn (13. Januar 2026): https://tinyurl.com/yc2x85nu Vortrag Der europäische Verteidigungsbund von Prof. Hans-Werner Sinn am IWP Institut für Schweizer Wirtschaftspolitik der Universität Luzern, 24. April 2026: https://tinyurl.com/35fehvk6 IWF Fiscal Monitor April 2026: https://tinyurl.com/h8rsx7s7 Studie Kurz- und langfristige Kosten des Sozialstaates: Der Sozialabgabengedenktag 2026 der Stiftung Marktwirtschaft: https://tinyurl.com/2ref2c2b Frühjahrsgutachten 2026 des Sachverständigenrats zur Begutachtung der gesamtwirtschaftlichen Entwicklung: https://tinyurl.com/57er9nvc beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Das Handelsblatt wird 80 – und Sie sind eingeladen mitzufeiern! Wir schenken Ihnen vier Wochen lang kostenlosen Zugriff auf alle H+ Inhalte. Seit 80 Jahren steht das Handelsblatt für unabhängigen Wirtschaftsjournalismus – ordnet Entwicklungen ein, begleitet Umbrüche, macht Fortschritt sichtbar und liefert neue Perspektiven. Sichern Sie sich unser Aktionsangebot und damit Ihren Wissensvorsprung unter handelsblatt.com/80.Werbepartner – Das Angebot von Allianz Trade finden Sie unter: allianz-trade.de/bto.Weitere Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

O verão ainda nem chegou no hemisfério norte e diversos países europeus acabaram de suportar uma semana de temperaturas escaldantes, algo inédito para o período do ano. Com o aumento da intensidade e da frequência das ondas de calor, potências como França, Reino Unido e Países Baixos, acostumadas a lidar com o frio na maior parte do ano, encaram o desafio de ter de se preparar para conviver com as altas temperaturas. Lúcia Müzell, da RFI em Paris O impacto econômico desses períodos antes raros, mas agora repetidos devido às mudanças climáticas, é brutal. Um levantamento recém-divulgado pela seguradora Allianz Trade estimou que o prejuízo acumulado no PIB de 2026 a 2030 pode chegar a 7% nos países mais expostos, como a França, onde o custo das ondas de calor poderá atingir US$ 240 bilhões no período. O forte calor afeta as condições de uso dos transportes, indústrias, instituições, escolas e empresas, mal preparados para os dias de altas temperaturas. Ao ar livre, a agricultura, a construção civil e a logística estão na linha de frente. O impacto na produtividade é direto e já pode ser mensurado. A partir de 30°C, a produção horária de um trabalhador diminui em média 3% a cada grau adicional, e é ainda maior quando os termômetros ultrapassam 35°C. Em paralelo, aumentam significativamente os gastos de saúde e seguridade social, em especial das pessoas mais vulneráveis, como idosos e pessoas em situação precária, salienta Mireille Chiroleu, professora de Economia do Meio Ambiente na Universidade Panthéon-Sorbonne. “As perdas de produção não são os únicos impactos: os na saúde são muito significativos. Estudos mostram que os custos decorrentes das ondas de calor na França entre 2015 e 2020 variaram entre € 22 bilhões e € 37 bilhões”, afirma ela, que também é diretora de pesquisas da Paris School os Economics. “É um valor altíssimo e muito maior do que o de perdas diretas de produção.” Risco de choque macroeconômico Em 2025, um estudo da universidade alemã de Mannheim em conjunto com o Banco Central Europeu trouxe um alerta grave: as ondas anormais de calor têm o potencial de causar um choque macroeconômico nos países do bloco. Somadas às secas e inundações, os fenômenos climáticos poderão custar € 126 bilhões à economia europeia até 2029. Os países mais expostos são Espanha, Itália e França. Em Paris, uma coletiva de imprensa da ministra da Transição Ecológica, Monique Barbut, sobre o tema na última semana foi sintomática: com os termômetros marcando 36°C à sombra, ela recebeu os jornalistas em uma sala “fervendo”, relatou Le Monde, com ventiladores circulando ar quente para os participantes molhados de suor. O Alto Conselho para o Clima, que orienta o governo francês para as medidas de enfrentamento da crise climática, adverte que o país deve se preparar para um cenário de alta de 4°C na média das temperaturas até o fim deste século. 19% de prédios adaptados na Europa Mudanças estruturais devem ser implementadas, observou a Allianz Trade em seu relatório: com “uma população envelhecida, um parque imobiliário pensado para reter o calor e infraestruturas de resfriamento do ar subdesenvolvidas”, a Europa tem uma média de apenas 19% dos prédios adaptados para enfrentar o calor. “As possibilidades estão em constante evolução e vêm apresentando avanços significativos. Recomenda-se a implementação de soluções para controlar a demanda energética ao mesmo tempo em que se combate as mudanças climáticas”, ressalta Chiroleu. “O ar-condicionado pode criar ilhas de calor na área externa a que é climatizada, e assim agravar as desigualdades, principalmente nos centros urbanos. Ele deve ser apenas um elemento da política de adaptação, afinal existe toda uma hierarquia de intervenções, como isolamento térmico de edifícios, arborização, etc.” Este ano, a Espanha instaurou uma licença climática de até quatro dias por ano em caso de eventos climáticos extremos, como enchentes, que impossibilitem o trabalho presencial. Na vizinha França, os ecologistas defendem a ideia e sugerem incluir as ondas de calor como uma razão de afastamento do trabalho, às custas dos cofres públicos. Faltam recursos para a adaptação até nos países ricos Organizações ambientalistas salientam que, antes disso, os países precisariam cumprir os seus planos de adaptação, ampliando as proteções contra o sol nas empresas e residências. A agência francesa de Meio Ambiente e Energia (Ademe) aponta que a instalação de janelas e venezianas adequadas pode diminuir de 20% a 60% a necessidade de ar-condicionado no interior dos prédios. Na prática, entretanto, a maioria dos países está atrasada na aplicação das medidas, principalmente por não disponibilizarem os recursos necessários. “As restrições orçamentárias particularmente fortes da França significam que os fundos destinados a essa adaptação, o Fundo Verde para o Clima, foram drasticamente reduzidos”, aponta. Em 2024, foram alocados € 2,5 bilhões para o mecanismo, que inclui os gastos para adaptação. No ano seguinte, o valor caiu para € 1,1 bilhão em 2025. “Isso é realmente muito pouco. Acho que outros países europeus estão enfrentando as mesmas deficiências de planejamento”, constata a professora francesa.

Die EU steht nicht gut da. Der Draghi-Report warnt. Der Letta-Report kritisiert. Die Deindustrialisierung schreitet voran. Die Wachstumslücke zu den USA wächst und der Binnenmarkt hat Handelshürden von 45 Prozent auf Waren und 110 Prozent auf Dienstleistungen – ein Vielfaches der Trump-Zölle – nach Berechnungen des Internationalen Währungsfonds (IWF). Die Antwort auf die Probleme? Wie immer: Geld. Nach Vorstellung der EU-Kommission soll das Budget im Zeitraum von 2028 bis 2034 erstaunliche 1,763 Billionen Euro betragen. Das ist ein Plus von 45 Prozent gegenüber dem laufenden Rahmen. Das EU-Parlament geht noch weiter und fordert gar 2,2 Billionen Euro. Während Deutschland, Schweden und andere als „frugal“ eingeordnete Staaten diese Forderungen für überzogen halten, finden 16 Staaten Süd- und Osteuropas, es müsse eigentlich noch mehr sein.Dabei dürfte es nicht am Geld liegen, dass die EU immer weiter zurückfällt, sondern an fehlenden Reformen, die weitaus mehr bewirken würden. Wie könnten derartige Reformen aussehen? Diese Frage diskutiert Daniel Stelter mit Dr. Daniel Gros, Direktor des Instituts für Europäische Politik an der Universität Bocconi. Gros, ein deutscher Wirtschaftswissenschaftler und früherer Leiter der Denkfabrik Centre for European Policy Studies in Brüssel, legt seinen Forschungsschwerpunkt auf die EU-Wirtschaftspolitik und gilt als einer der renommiertesten EU-Ökonomen. Hinweis ABSTURZ – So retten wir Deutschland: das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceIEP@BU Policy Brief Nr. 41 INCREASING EUROPEAN PRODUCTIVITY, RESILIENCY AND DEFENCE PRODUCTION (AND HOW TO PAY FOR IT) von Daniel Gros und Jacob Funk Kirkegaard (Mai 2025): https://tinyurl.com/3xkcpj32 EPICENTER-Studie An Alternative EU Budget (Mai 2026): https://tinyurl.com/mrrfr7bs Draghi-Report-Followup Need for speed - the Draghi report one year on von Marion Mühlberger und Ursula Walther (Deutsche Bank Research, 10.9.2025): https://tinyurl.com/3pxxsr3p beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Das Handelsblatt wird 80 – und Sie sind eingeladen mitzufeiern! Wir schenken Ihnen vier Wochen lang kostenlosen Zugriff auf alle H+ Inhalte. Seit 80 Jahren steht das Handelsblatt für unabhängigen Wirtschaftsjournalismus – ordnet Entwicklungen ein, begleitet Umbrüche, macht Fortschritt sichtbar und liefert neue Perspektiven. Sichern Sie sich unser Aktionsangebot und damit Ihren Wissensvorsprung unter handelsblatt.com/80.Werbepartner – Das Angebot von Allianz Trade finden Sie unter: allianz-trade.de/bto.Weitere Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

Die eigene Passion zum Beruf machen – das klingt für viele nach einem romantischen Traum. Dustin Schöne hat genau das getan, allerdings ohne jede Romantik, sondern mit extrem viel unternehmerischem Gespür und radikalem Fokus. Der gebürtige Berliner hatte mit Saltwater Films bereits eine erfolgreiche Videoproduktion aufgebaut, bevor er seiner zweiten großen Leidenschaft folgte: dem Angeln. Heute steht er hinter Nays, einer der am schnellsten wachsenden Angel- und Lifestyle-Marken Europas.Im Gespräch mit Carsten Puschmann räumt Dustin mit dem verstaubten Klischee des Anglers im Unterhemd auf. Er erzählt, wie er die Branche mit High-End-Marketing, YouTube-Content und funktionaler Streetwear revolutioniert hat und warum er trotz 450 Händlern in Europa anfangs kein aktives Sales-Team brauchte – weil die Community die Produkte schon vor dem Verkaufsstart aus den Händen riss. Eine Folge über den Mut zur Nische, die Balance zwischen Familie und High-Performance-Business und die Frage, warum Storytelling am Ende mindestens genauso wichtig wie ein gutes Produkt ist – oder ein gutes Produkt überhaupt erst groß machen kann.Wir reden über

In der vorangegangenen Episode #391 hat Jonas Schreiber, ein Realschullehrer aus Bayern, über die Realität in den Klassenzimmern berichtet. In dieser Folge reichen wir nun die wissenschaftliche Untermauerung nach. Dr. Ludger Wößmann, Professor an der Ludwig-Maximilians-Universität München und als Leiter des ifo Zentrums für Bildungsökonomik einer der einflussreichsten Bildungsökonomen Europas, war im September 2023 bereits als Experte bei bto zu Gast. Sein damaliger Befund lautete: Bildung erklärt drei Viertel des langfristigen Wohlstands eines Landes. Und Deutschland verspielt seine Substanz schneller, als die Politik bereit ist, dies anzuerkennen.Drei Jahre später fällt die Diagnose nicht besser aus. Die Mitte Mai 2026 veröffentlichte UNICEF-Studie zum Wohlbefinden von Kindern in EU und OECD zeigt Deutschland auf unterdurchschnittlichem Niveau – im Bildungsbereich nur auf Platz 34 von 41 wohlhabenden Ländern. PISA 2022, IGLU 2023, IQB 2024 – sämtliche dieser Untersuchungen bestätigen, was Prof. Wößmann schon lange konstatiert hat. All das zeigt, wie dringend wir eine andere Bildungspolitik brauchen. Zeit für ein bto REFRESH. Hinweis ABSTURZ – So retten wir Deutschland: das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceVollständiger UNICEF-Bericht Report Card 20: Unequal Chances – Children and economic inequality finden Sie hier. (Englisch). Deutsche Zusammenfassung der Report Card 20 finden Sie hier. Weiterführende Informationen im UNICEF-Bericht zur Lage der Kinder in Deutschland (2025) hier.beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Das Handelsblatt wird 80 – und Sie sind eingeladen mitzufeiern! Wir schenken Ihnen vier Wochen lang kostenlosen Zugriff auf alle H+ Inhalte. Seit 80 Jahren steht das Handelsblatt für unabhängigen Wirtschaftsjournalismus – ordnet Entwicklungen ein, begleitet Umbrüche, macht Fortschritt sichtbar und liefert neue Perspektiven. Sichern Sie sich unser Aktionsangebot und damit Ihren Wissensvorsprung unter handelsblatt.com/80.Werbepartner – Das Angebot von Allianz Trade finden Sie unter: allianz-trade.de/bto.Weitere Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

Die Technische Universität Berlin musste eilig ihr Hauptgebäude räumen – die Bausubstanz ist nicht mehr sicher. Eine Studie des UNICEF-Forschungsinstituts Innocenti stuft Deutschland beim Kindeswohl auf Platz 25 von 37 wohlhabenden Ländern ein. Im Bildungsbereich wird sogar nur Platz 34 erreicht. Nur 60 Prozent der 15-Jährigen schaffen die Mindestkompetenz in Lesen und Mathematik. Stammen sie aus benachteiligten Familien, sind es nur 46 Prozent. Die Stadt München hat angekündigt, den kostenlosen Kindergarten für alle abzuschaffen. Die Bertelsmann Stiftung hat in einer Untersuchung im Januar 2026 gezeigt, dass nur jede siebte deutsche Kita die wissenschaftlich empfohlene Personalbesetzung hat.Es steht schlecht um den Bildungsstandort Deutschland. Das Land, das über keine nennenswerte Menge natürlicher Rohstoffe verfügt und einst eine bewunderte Bildungsnation war, lässt seine wichtigste Ressource verkommen.Wie es in den Schulen zugeht, berichtet der Realschullehrer Jonas Schreiber im Gespräch mit Daniel Stelter.Hinweis ABSTURZ – So retten wir Deutschland: das neue Buch von Daniel Stelter. Jetzt überall, wo es Bücher gibt. Auch bestellbar bei Thalia, Amazon, geniallokal.HörerserviceBuch Realtalk: Lehreralltag: Ein Blick hinter die Schulkulisse von Jonas Schreiber: https://jonas-schreiber.com/ beyond the obvious – Neue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter think-bto.com.Newsletter – Den monatlichen bto-Newsletter abonnieren Sie hier.Redaktionskontakt – Wir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt – Das Handelsblatt wird 80 – und Sie sind eingeladen mitzufeiern! Wir schenken Ihnen vier Wochen lang kostenlosen Zugriff auf alle H+ Inhalte. Seit 80 Jahren steht das Handelsblatt für unabhängigen Wirtschaftsjournalismus – ordnet Entwicklungen ein, begleitet Umbrüche, macht Fortschritt sichtbar und liefert neue Perspektiven. Sichern Sie sich unser Aktionsangebot und damit Ihren Wissensvorsprung unter handelsblatt.com/80. rWerbepartner – Das Angebot von Allianz Trade finden Sie unter: allianz-trade.de/bto.Weitere Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

Ngày 14/05/2026, tổng thống Mỹ Donald Trump bắt đầu chuyến thăm Bắc Kinh. Sau những màn đón tiếp long trọng, nguyên thủ Mỹ cùng đồng cấp Trung Quốc Tập Cận Bình bước vào những vòng đàm phán, được dự báo là căng thẳng, về nhiều chủ đề. Tuy nhiên, theo nhận định từ giới quan sát, hồ sơ thương mại chắc chắn là ưu tiên thảo luận hàng đầu giữa hai nguyên thủ. Liệu rằng đôi bên có hóa giải được những căng thẳng, hay lại tiếp tục leo thang đối đầu ? Điều đầu tiên được hầu hết giới chuyên gia chia sẻ là, khác với cuộc gặp thượng đỉnh năm 2017, ông Donald Trump đến Bắc Kinh lần này trong một vị thế yếu. Cuộc chiến chống Iran do Mỹ và Israel phát động rơi vào bế tắc, trong khi cuộc chiến thuế quan mà tổng thống Trump khởi xướng vào năm 2025 không đem lại kết quả như ông muốn. Hoa Kỳ không những không chặn được đà tăng trưởng xuất khẩu của Trung Quốc bất chấp các nỗ lực của chính quyền Trump, mà còn phải hứng chịu các đòn trả đũa thương mại, công nghệ nặng nề từ Bắc Kinh. Theo nhật báo kinh tế Pháp Les Echos ngày 13/05/2026, hàng Made in China xuất sang Mỹ đã giảm mạnh trong vòng hai năm, từ mức gần 109 tỷ đô la (trong quý I/2024) xuống còn trên 67 tỷ trong quý I/2026. Nếu tính riêng trong vòng 12 tháng qua, với mức thuế từ 25-30%, nhập khẩu hàng hóa Trung Quốc vào Mỹ đã giảm 38%, một con số to lớn. Tuy nhiên, những con số này làm lu mờ một hiện tượng khác. Khi nhìn kỹ các dòng chảy thương mại, người ta sẽ thấy rằng, trong năm 2025, tỷ trọng hàng nhập khẩu từ Đài Loan vào Mỹ tăng vọt đến 94%, từ Việt Nam là 50%. Trên báo kinh tế Les Echos, Maxime Darmet, chuyên gia kinh tế tại Allianz Trade, nhận định « điều đó có nghĩa là ngành xuất khẩu Trung Quốc đang sử dụng các kênh gián tiếp. Các nhà công nghiệp Trung Quốc xuất khẩu những bán thành phẩm của họ sang các nước thứ ba, đặc biệt là Đông Nam Á, những nước này sử dụng chúng trong các dây chuyền sản xuất của mình để rồi sau đó bán thành phẩm sang Hoa Kỳ. » Hiện tượng này phản ảnh rõ năng lực thích ứng với tốc độ kỷ lục của ngành xuất khẩu Trung Quốc. Bất chấp những rào cản thuế quan, hàng hóa của Trung Quốc vẫn đến được tay người tiêu dùng Mỹ. Các số liệu thống kê của Trung Quốc thể hiện rõ nét xu hướng này : Xuất khẩu của Trung Quốc sang Đông Nam Á tăng vọt, gần như tỷ lệ thuận với mức tăng xuất khẩu của Đài Loan hay Việt Nam sang Hoa Kỳ. Cán cân thương mại vẫn nghiêng về phía Trung Quốc khi mà mức thuế nhập khẩu áp đặt cho hàng hóa của Đài Loan chỉ ở mức 3% và Việt Nam là 12% vào cuối năm 2025, trước khi có phán quyết của Tòa án Tối cao Mỹ cấm các mức thuế quan « đối ứng » do tổng thống Trump ban hành. Hệ quả là trong quý I/2026, Hoa Kỳ ghi nhận mức thâm hụt thương mại là 251 tỷ đô la, so với 274 tỷ cùng kỳ vào năm 2024. Ba mục tiêu của Donald Trump Làm thế nào điều chỉnh cán cân thương mại Mỹ - Trung vào lúc lạm phát tại Mỹ tăng cao, uy tín của ông ngày càng suy giảm khi chỉ còn vài tháng nữa là diễn ra cuộc bầu cử giữa kỳ tại Mỹ ? Trong toàn cảnh này, tổng thống Mỹ Donald Trump đến Trung Quốc với ba mục tiêu chính, theo đánh giá từ nhà phân tích về chính sách kinh tế, Agatha Kratz, thuộc nhóm tư vấn độc lập Rhodium Group, trong chương trình Affaires Etrangères, đài phát thanh France Culture, ngày 09/05/2026. Đầu tiên hết, Donald Trump muốn chuyển hướng công luận về cuộc chiến ở Iran và mang về Mỹ một số thành công như các hứa hẹn mua thêm hàng hóa Mỹ như dầu khí, nông sản, máy bay Boeing, hay những tin tốt lành cho chip bán dẫn… từ Trung Quốc. Khía cạnh thứ hai có một vị trí quan trọng : Hoa Kỳ muốn bảo đảm nguồn cung ứng đất hiếm liên tục từ Trung Quốc. Trên đài France Culture, chuyên gia kinh tế giải thích : « Rõ ràng Bắc Kinh đang nắm giữ quyền kiểm soát chặt chẽ sản xuất cũng như chế biến đất hiếm và sản xuất nam châm vĩnh cửu, những thứ cực kỳ quan trọng trong tất cả các ngành công nghiệp như công nghiệp ô tô, công nghiệp điện tử, và đặc biệt quan trọng là công nghiệp quân sự, trong bối cảnh Hoa Kỳ đã sử dụng hết một phần lớn kho vũ khí của mình và cần phải xây dựng lại, nên cần các nguyên tố đất hiếm. Do đó, nếu họ muốn chế tạo tên lửa và phục hồi năng lực quân sự và nếu muốn tiếp tục cuộc chiến ở Iran, họ cần Bắc Kinh tiếp tục cung cấp các loại đất hiếm đó. Điều này vô cùng quan trọng, và tôi nghĩ nó sẽ là một phần của cuộc thảo luận. » Vẫn theo bà Agatha Kratz, điểm thứ ba có liên quan đến cuộc chiến thuế quan của Mỹ và hiện đang vấp phải hai trở ngại : « Đầu tiên là phán quyết của Tòa án Tối cao liên quan đến thuế quan IEEPA (Đạo luật Quyền lực Kinh tế Khẩn cấp Quốc tế), phán quyết hồi tháng 2/2026 tuyên bố các loại thuế quan "đối ứng" này là bất hợp pháp. Sau đó, Tòa án Thương mại Quốc tế Mỹ (Court of International Trade - CIT) hôm 07/05, lại tuyên bố các thuế quan mới 10% theo Điều 122, được áp dụng lại sau phán quyết của Tòa án Tối cao, là bất hợp pháp. Vì vậy, hiện tại thuế quan của Hoa Kỳ đối với Trung Quốc chỉ ở mức trung bình 11%. Mức thuế này cực kỳ hạn chế nếu so sánh với mức thuế 15% đối với Liên Hiệp Châu Âu theo thỏa thuận song phương, mức thuế 18% đối với Ấn Độ, mức thuế 19% đối với Indonesia, v.v. Trung Quốc rõ ràng đang ở một vị thế cực kỳ thuận lợi, và điều đó khiến Hoa Kỳ cảm thấy rất khó chịu bởi vì, mục tiêu sau cùng của họ là giảm thiểu rủi ro trong quan hệ kinh tế với Trung Quốc, cố gắng đưa một số chuỗi giá trị trở lại Hoa Kỳ nếu có thể, hoặc ít nhất là đến các quốc gia thân thiện hơn. Và trong bối cảnh này, nếu thuế quan đối với Trung Quốc quá thấp, điều đó là không thể. Tôi nghĩ rằng đã có những công tác chuẩn bị và đàm phán sơ bộ cho việc tăng thuế quan đối với Trung Quốc, điều mà Bắc Kinh rõ ràng đã cố gắng chống lại bằng mọi cách. Đặc biệt là với Jamieson Lee Greer, người đang dẫn đầu tất cả các cuộc đàm phán thương mại, Hoa Kỳ đang cố gắng đàm phán và thúc đẩy việc tăng thuế quan hàng hóa Trung Quốc với Bắc Kinh. Tôi không chắc Mỹ sẽ thành công hay không, nhưng dù sao đi nữa, đó cũng là một trong những mục tiêu. » Bốn đòi hỏi của Tập Cận Bình Theo báo Pháp Les Echos, thặng dư thương mại Trung Quốc trong năm 2025 đạt mức kỷ lục 1.200 tỷ đô la, tức chiếm 1% GDP của toàn cầu. Theo kinh tế gia Maxime Darmet, hiện tượng này cho thấy « Trung Quốc vẫn đang dư thừa hàng hóa do tiêu thụ chưa đủ, còn Mỹ vẫn thâm hụt do tiêu thụ quá mức. Vì vậy, thuế quan không tác động đến những mất cân bằng lớn trên toàn cầu. Chúng chỉ làm chuyển hướng dòng chảy thương mại. » Nhưng cuộc chiến tranh chống Iran do Mỹ và Israel tiến hành đang bắt đầu có những tác động đối với nền kinh tế Trung Quốc. Vốn đã trì trệ một phần do cuộc chiến thuế quan, căng thẳng xung quanh eo biển Hormuz khiến giá năng lượng tăng cao, gây khó khăn cho xuất khẩu của nền kinh tế thứ hai thế giới. Hơn nữa, việc Quốc Hội Mỹ siết chặt các luật lệ kiểm soát xuất khẩu linh kiện bán dẫn gây cản trở cho nhiều lĩnh vực công nghệ chủ chốt của Trung Quốc. Đối với chuyên gia Agatha Kratz, chủ tịch Trung Quốc Tập Cận Bình có bốn điều muốn đàm phán trong thượng đỉnh lần này : « Đầu tiên hết là ổn định tình hình Iran. Trong ngắn hạn, tình hình kinh tế Trung Quốc khá tích cực, bởi vì Bắc Kinh có nhiều nguồn lực để kiểm soát lạm phát do giá năng lượng cao. Bởi vì nước này ít phụ thuộc vào dầu mỏ hơn so với nhiều nước châu Á, thậm chí so với cả nhiều nước châu Âu. Vì vậy trong ngắn hạn, tình hình là khá dễ quản lý. Nhưng trong dài hạn, điều này là đáng lo, bởi vì tình trạng đó có nguy cơ đẩy châu Âu và Đông Nam Á rơi vào suy thoái. Đây là hai thị trường xuất khẩu quan trọng nhất, chiếm đến 50% kim ngạch xuất khẩu của Trung Quốc, mà xuất khẩu chiếm đến 50% tăng trưởng kinh tế. Để dễ hình dung, việc ổn định tình hình ở Iran là vô cùng cần thiết. Thứ hai là vấn đề thuế quan như tôi đã trình bày ở trên : Trung Quốc làm mọi cách để duy trì ở mức thuế 11% hay gần với 11% như hiện tại. Thứ ba là kiểm soát công nghệ. Trên thực tế, các chu kỳ leo thang căng thẳng khác nhau trong năm 2025 đã được kích hoạt bởi những biện pháp của Mỹ đặc biệt nhắm vào xuất khẩu linh kiện bán dẫn và nhất là các loại vật liệu và thiết bị dùng để sản xuất chất bán dẫn, và Trung Quốc thì áp đặt các hạn chế xuất khẩu đáng kể đối với đất hiếm vào ngày 09/10/2025 để trả đũa các biện pháp của Mỹ. Vì vậy, tôi nghĩ Bắc Kinh chắc chắn sẽ cố gắng bóp chết ngay từ "trong trứng nước"  mọi ý định của Quốc Hội Mỹ nhằm áp đặt các biện pháp xuất khẩu và đây sẽ là một trong số các thông điệp mạnh mẽ nhất. Và Trung Quốc cũng cố gắng vận động sao cho cả Quốc Hội lẫn chính quyền cũng như bộ Thương Mại, cơ quan thực thi kiểm soát xuất khẩu, sẽ không tăng cường kiểm soát đối với chất bán dẫn, vật liệu và thiết bị sản xuất linh kiện bán dẫn ». Nhiều bình luận trước ngày họp thượng đỉnh Mỹ-Trung cho rằng cả hai bên dường như sẵn sàng có những nhượng bộ. Tuy nhiên, chuyên gia Lizzi Lee, thuộc trung tâm tư vấn Asia Society Policy Institute, trụ sở tại Hoa Kỳ, trả lời phỏng vấn AFP, lưu ý : « Ngay cả khi cuộc họp thượng đỉnh này diễn ra tốt đẹp, điều đó sẽ không làm thay đổi quỹ đạo của Trung Quốc cũng như quyết tâm của nước này đưa nền kinh tế ít phụ thuộc hơn vào Hoa Kỳ ».

24 Apr 2026. One commercial landlord joins us to talk about what his tenants are asking for and what he's prepared to offer. Plus, Allianz Trade is projecting over 15,000 global business insolvencies because of the crisis - senior economist Lluis Dalmau on how they got to that number. Sustainable aviation fuel is back in the spotlight as oil volatility bites, Karl Feilder joins us. And Dubai Holding backs a homegrown Hatta startup in a show of support for Emirati entrepreneurship.See omnystudio.com/listener for privacy information.

24 Apr 2026. One commercial landlord joins us to talk about what his tenants are asking for and what he's prepared to offer. Plus, Allianz Trade is projecting over 15,000 global business insolvencies because of the crisis - senior economist Lluis Dalmau on how they got to that number. Sustainable aviation fuel is back in the spotlight as oil volatility bites, Karl Feilder joins us. And Dubai Holding backs a homegrown Hatta startup in a show of support for Emirati entrepreneurship.See omnystudio.com/listener for privacy information.

Allianz Trade's 2026 Risk Barometer identifies the 10 most pressing concerns faced by corporates for the year ahead, encompassing the views of 3,338 risk management experts, spanning 97 countries and territories. Doğa Usanmaz, Reporter at TFG, sat down with Sarah Murrow, President and CEO of Allianz Trade Americas, to discuss these changes. AI's jump from eighth to second place in the Barometer rankings in just one year draws attention to the possibility of dark horses when it comes to risk. For Murrow, concentration is one of these dark horses.

Stéphane Bergez est Managing Partner d'Andera Partners et à la tête de la stratégie Acto. Il est l'un des acteurs de référence de la mezzanine sponsorless en Europe, avec plus d'1,1 milliard d'euros levés pour son dernier fonds.Diplômé de Supméca puis de l'ESSEC, il débute sa carrière en 1996 chez 3i Group, pionnier historique du private equity européen, à une époque où le métier reste encore confidentiel en France. Il participe ensuite à la création de Perfect Private Equity au sein d'Euler Hermes (aujourd'hui Allianz Trade), avant de prendre en 2011 la tête de la stratégie Acto, qu'il développera jusqu'à son intégration au sein d'Andera Partners. Depuis près de trente ans, Stéphane a traversé toutes les grandes mutations du capital-investissement : - la bulle internet des années 2000, - la crise financière de 2008, - l'émergence post-crise de la dette privée, - la structuration des financements sponsor-led, - et aujourd'hui, la consolidation massive d'une industrie devenue mondiale. Son parcours est marqué par une constante : la recherche de différenciation. À contre-courant des stratégies majoritaires traditionnelles et de la dette privée sponsor, il fait le choix de développer une approche singulière : la mezzanine sponsorless — un modèle hybride combinant dette subordonnée et logique entrepreneuriale, permettant aux équipes de management de reprendre ou conserver le contrôle de leur entreprise sans fonds majoritaire au capital. Un positionnement rare sur le marché européen, qui place Acto non pas en concurrence directe avec les autres fonds de dette sponsor, mais face aux fonds d'equity majoritaires, avec une proposition structurée autour de l'alignement, de la flexibilité et de la création de valeur long terme. Dans cet épisode, Stéphane revient avec franchise sur : - les débuts du private equity en France, quand il fallait démarcher les PME sans que le métier ne soit vraiment connu - l'impact réel des crises (2000, 2008, 2022) sur les modèles d'investissement - la transformation du marché de la dette privée après Bâle III - la consolidation extrême de l'industrie, où une poignée d'acteurs concentre désormais une part majeure de la collecte mondiale - l'ouverture progressive du private equity au retail et les enjeux de pédagogie autour de l'illiquidité - les différences structurelles entre dette privée sponsor et mezzanine sponsorless Il partage également les coulisses de la levée récente d'1,1 milliard d'euros dans un marché pourtant particulièrement polarisé, et explique pourquoi la mécanique de liquidité propre à la mezzanine sponsorless a constitué un avantage décisif ces dernières années. Enfin, Stéphane délivre un message clair aux jeunes professionnels : ne choisissez pas une carrière pour sa mode ou son prestige, mais en fonction de vos qualités réelles et de ce qui vous anime profondément. Merci Stéphane Bergez, Voix de la FinanceHébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.

This evening we dive into the latest market movements with Sanlam Private Wealth, we get an update from Lesaka Technologies, we speak to Denker Capital about SA securing membership and funding from Afreximbank, Allianz Trade helps us unpack SA's debt collection challenges, Standard Bank highlights critical minerals as a key theme at this year's Mining Indaba, and we chat to Julep Flowers, a local online florist helping relationships bloom. SAfm Market Update - Podcasts and live stream

Stephen Grootes speaks to Rudi Dicks, head of Operation Vulindlela about the latest progress update on Operation Vulindlela, taking stock of where the reform programme is gaining traction and where momentum has slowed. The update reflects progress across priority areas such as energy market reform, freight rail and ports, water infrastructure, visa and skills reforms, digital migration, and investment and jobs in South Africa. In other interviews, Lluis Dalmau, Economist for Africa & Middle East at Allianz Trade talks about Allianz Trade’s latest Collection Complexity Score, which shows South Africa remains one of the most difficult countries for debt collection and highlights the growing challenges facing companies recovering unpaid invoices both locally and globally. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Lluis Dalmau, Economist for Africa & Middle East at Allianz Trade, about Allianz Trade’s latest Collection Complexity Score, which shows South Africa remains one of the most difficult countries for debt collection and highlights the growing challenges facing companies recovering unpaid invoices both locally and globally. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Expert Topic: Why South Africa is among the toughest countries in the world to collect debt Guest: Luke Morawitz, Credit Director for South Africa at Allianz Trade

Dans le conflit qui l'oppose aux Européens autour du Groenland, Donald Trump a une fois de plus brandi la menace des tarifs douaniers. Dans «La Story», le podcast d'actualité des «Echos», Pierrick Fay et Maxime Darmet font le bilan de la politique douanière de Donald Trump.« La Story » est un podcast des « Echos » présenté par Pierrick Fay. Cet épisode a été enregistré en janvier 2026. Rédaction en chef : Clémence Lemaistre. Invité : Maxime Darmet (économiste chez Allianz Trade). Réalisation : Willy Ganne. Chargée de production et d'édition : Clara Grouzis. Musique : Théo Boulenger. Identité graphique : Upian. Photo : Evan Vucci/Ap/SIPA. Sons : France24, Euronews, AP, BFM, extrait du film « Les sous-doués », du film « Le Clan des siciliens », de l'émission «Le maillon faible» (Télé7Jours).Retrouvez l'essentiel de l'actualité économique grâce à notre offre d'abonnement Access : abonnement.lesechos.fr/lastory Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Verkauf von US-Bonds als weiteres Druckmittel gegen Trump / EU will Huawei und ZTE aus Mobilfunk-Netzen verbannen / Allianz-Trade warnt vor Professionalisierung von Cyber-Kriminellen mit Hilfe von KI / Beiträge von: Gabriel Wirth, Margit Siller / Moderation: Christian Sachsinger

O panorama econômico de final de 2025 é marcado por contrastes. Enquanto algumas das principais economias exibem resiliência surpreendente, outras patinam, compondo um quadro de crescimento fragmentado, que convive com o espectro de uma recessão global sincronizada. Organismos internacionais refletem essa dualidade em suas projeções: o FMI, por exemplo, elevou sua estimativa de alta do PIB mundial para 3,2% em 2025, ligeiramente acima do previsto meses antes. Thiago de Aragão, analista político Ainda assim, trata-se de um ritmo anêmico, a Allianz Trade chegou a projetar apenas 2,5%, o patamar mais baixo desde 2008 fora de anos de crise, carregado de divergências regionais. Tensões geopolíticas persistentes também pairam sobre o horizonte, freando o comércio global e alimentando incertezas. Não por acaso, alertas se acumulam: um novo choque protecionista, por exemplo, poderia inverter esse frágil equilíbrio. O economista-chefe do FMI chegou a notar que uma guerra comercial renovada entre Washington e Pequim seria um “risco muito significativo” para a economia mundial, capaz de reduzir sensivelmente as projeções de crescimento nos próximos anos. Ou seja, o mundo cresce, mas com o freio de mão puxado e olhando pelo retrovisor o perigo de um engavetamento econômico global. Nos Estados Unidos, o tom é de alívio, ainda que cauteloso. A tão anunciada recessão americana não deu as caras; ao contrário, a maior economia do mundo vem conseguindo algo próximo de um soft landing. A inflação arrefeceu sem empurrar o país ladeira abaixo, e o mercado de trabalho manteve-se robusto. Para analistas, a "recessão mais esperada de todos os tempos" não se concretizou. De fato, o desemprego segue baixo em termos históricos e a criação de empregos continua resiliente, mesmo após sucessivos aumentos dos juros pelo Federal Reserve. O consumo das famílias se sustentou em boa medida, os salários, por fim, voltaram a crescer mais rápido que os preços e os balanços corporativos mostraram fôlego. Com isso, o PIB americano surpreendeu. O FMI prevê 2,0% de expansão nos EUA em 2025, desempenho que, embora mais moderado que os 2,8% estimados para 2024, indica uma economia ainda vibrante e longe da contração. Bonança relativa Entretanto, nem tudo são flores na paisagem americana. Por trás da bonança relativa, espreitam desequilíbrios preocupantes. Um deles é o descompasso fiscal: Washington opera com déficits cronicamente altos, agora exacerbados pela combinação de cortes de impostos pós-2017 e gastos elevados. Em 2025, o rombo orçamentário deve ultrapassar 8% do PIB, alarmante para tempos de paz e prosperidade. A dívida pública cresce, e os juros altos tornaram seu peso mais difícil de ignorar. Não por acaso, até as agências de classificação de risco perderam a paciência: em maio, a Moody's rebaixou a nota de crédito soberano dos EUA (a derradeira avaliação AAA que restava), citando o aumento persistente da dívida e dos encargos com juros como motivos centrais. Outro ponto de atenção é a desigualdade dentro do país. A prosperidade agregada mascara disparidades internas gritantes, já que o “excepcionalismo” americano nem sempre beneficia o americano comum. Os ganhos econômicos têm se concentrado no topo da pirâmide, aprofundando um fosso social já histórico. Para se ter ideia, em 2023, famílias situadas no 95º percentil de renda ganharam em média 3,5 vezes a renda de uma família mediana, enquanto em 1980 essa razão era de 2,6. Em outras palavras, mesmo com pleno emprego, muitos trabalhadores não sentem os frutos do crescimento, o que confere um tom paradoxal à bonança, com um caldo de desigualdade e frustração latente em meio aos números positivos. Europa em marcha lenta Do outro lado do Atlântico, a Europa segue em marcha lenta. A zona do euro praticamente estagnou e flerta com a recessão técnica. Projeções recentes apontam para um crescimento em torno de 1% a 1,3% em 2025, com gigantes como a Alemanha mal saindo do zero (a economia alemã deve avançar apenas 0,3% neste ano após ter encolhido em 2024). O bloco europeu vem enfrentando o legado amargo da crise energética e inflacionária pós-pandemia. A inflação, embora em trajetória de queda, mostrou-se teimosa e permaneceu acima da meta por um período prolongado, corroendo o poder de compra e minando a confiança. Essa pressão inflacionária persistente exigiu do Banco Central Europeu uma postura dura: o BCE elevou os juros a níveis não vistos em mais de uma década, esfriando investimentos e consumo. Somente em meados de 2025 o banco central pôde pausar e até iniciar cortes modestos, à medida que a inflação finalmente cedeu para patamares próximos do objetivo de 2%. Mas o dano já estava feito. O alto custo do dinheiro e a incerteza econômica deixaram a Europa num limbo de crescimento pífio. Muitos falam em estagflação branda: a atividade mal se move enquanto os preços ainda não estão totalmente sob controle. Some-se a isso os desafios fiscais (vários governos aumentaram gastos com defesa e subsídios em meio a conflitos geopolíticos, atrasando ajustes nas contas públicas) e tem-se um continente em compasso de espera. O continente europeu termina 2025 lutando para não escorregar de vez, tentando conciliar a necessidade de estimular economias quase estagnadas com o dever de domar a inflação remanescente. Desaceleração na China Já a China enfrenta uma desaceleração estrutural que vem redesenhando o mapa do crescimento global. Após décadas de expansão vertiginosa, a segunda maior economia do mundo entrou numa fase mais contida. O FMI e a OCDE projetam cerca de 5% de crescimento chinês em 2025, ritmo que seria excelente para um país desenvolvido, mas que representa uma clara perda de fôlego para os padrões chineses. Vários fatores internos explicam essa mudança de marcha. O país está envelhecendo rapidamente, o que reduz a oferta de mão de obra e a taxa de poupança. Os ganhos de produtividade também arrefeceram, à medida que o modelo de investimento pesado em infraestrutura e indústria começa a mostrar rendimentos decrescentes. E há, sobretudo, a ressaca de uma bolha imobiliária que se formou ao longo da última década e estourou, deixando um rastro de problemas. Quatro anos após o pico da crise imobiliária, o setor de imóveis na China permanece instável. Grandes incorporadoras enfrentam dificuldades para honrar dívidas, projetos imobiliários foram paralisados e milhões de apartamentos novos encalham sem compradores, abalando a confiança de famílias e investidores. Esse esfriamento drástico no mercado imobiliário é particularmente preocupante porque imóveis foram, por muito tempo, um motor central da economia chinesa (representando direta ou indiretamente até um terço do PIB). O resultado é que a China agora flerta perigosamente com riscos deflacionários. “As perspectivas continuam preocupantes na China, onde o setor imobiliário ainda se encontra instável”, afirmou Pierre-Olivier Gourinchas, do FMI, acrescentando que os riscos à estabilidade financeira estão elevados e crescendo, com demanda fraca por crédito e a economia à beira de uma armadilha de deflação e dívida. Em suma, a era do crescimento chinês de dois dígitos ficou para trás. Isso tem implicações globais: a menor demanda chinesa por insumos e commodities já se faz sentir em países que dependem dessas exportações, e a Ásia emergente como um todo perdeu um pouco de tração sem a mesma locomotiva de antes. O mundo acostumou-se a contar com a China como catalisadora do crescimento; agora, observa apreensivo a gigante asiática lidar com seus próprios dilemas domésticos. Contexto de apreensão para a América Latina Para a América Latina, esse contexto internacional é motivo de apreensão, ainda que com alguns matizes positivos. A região tem uma longa tradição de vulnerabilidade a choques externos, mas em 2025 mostrou certa resiliência inesperada. O FMI projeta que a América Latina e Caribe cresça 2,4% em 2025, ritmo modesto porém ligeiramente melhor do que se antecipava anteriormente (a OCDE igualmente prevê uma região “crescendo lentamente” nos próximos anos). Parte desse desempenho se deve a um alívio na frente inflacionária local e à ação ágil de bancos centrais latino-americanos, que subiram juros cedo e agora começam a baixá-los conforme a inflação recua. Além disso, as exportações de commodities deram um fôlego providencial: no primeiro semestre de 2025, as vendas externas foram o principal motor de crescimento na América Latina, com destaque para o cobre chileno, a manufatura mexicana e o agronegócio no Brasil, Argentina e vizinhos. A safra agrícola brasileira recorde e a demanda externa aquecida por alimentos e minérios ajudaram a evitar uma desaceleração mais forte. Contudo, os fundamentos econômicos latino-americanos ainda inspiram cuidado. Muitos países saíram da pandemia com dívida pública elevada e espaço fiscal reduzido, após gastos emergenciais que salvaram vidas mas esgotaram cofres. Isso significa que governos da região têm pouca munição para reagir a uma nova crise global, ao contrário, alguns já enfrentam pressão para ajustar contas e reconquistar credibilidade fiscal. Ademais, a dependência de matérias-primas persiste como uma faca de dois gumes: garante ganhos em tempos de boom de commodities, mas expõe a região a volatilidades externas. Se a economia chinesa espirrar, exportadores sul-americanos de minério de ferro, soja ou petróleo provavelmente pegarão um resfriado. Da mesma forma, um aperto monetário adicional nos EUA, com juros mais altos, poderia provocar fuga de capitais e desvalorização cambial nos mercados latino-americanos, desestabilizando inflação e investimentos. Em síntese, a América Latina permanece altamente atrelada aos humores das grandes potências e aos ciclos globais. Como pontuou a OCDE, a região deve seguir avançando devagar, limitada por inflação ainda alta em diversos países e por políticas públicas sem muito fôlego fiscal para estimular a demanda. O lado bom é que, até aqui, conseguiu evitar recuos graves; o lado preocupante é que tal resistência talvez se esgote caso os ventos externos mudem para tempestade. Recessão sincronizada? Diante desse mosaico global, a pergunta inevitável é: quão perto estamos de uma recessão mundial sincronizada? Por enquanto, o cenário básico ainda indica crescimento, fraco, mas crescimento, não uma contração simultânea em todas as frentes. No entanto, os riscos estão à espreita e não são triviais. Basta um deslize maior de política econômica ou um choque geopolítico para alinhar os astros de forma negativa. Imagine-se, por exemplo, que o Fed (o banco central dos EUA) aperte ou tarde demais os juros, precipitando enfim a recessão que não ocorreu em 2023-24; ao mesmo tempo, a Europa seguiria estagnada e a China desaceleraria ainda mais, formando uma tempestade perfeita. Não é um cenário absurdo, de fato, no início deste ano o próprio FMI reconheceu que a probabilidade de uma recessão global em 2025 havia praticamente dobrado, de cerca de 17% para 30%, dada a conjunção de riscos comerciais e financeiros então presentes.  Essa estimativa foi feita com todas as letras pelo economista-chefe do Fundo em abril, enfatizando que, embora não se esperasse oficialmente uma recessão, “os riscos associados a essa possibilidade aumentaram consideravelmente”. E ainda que desde então algumas tensões tenham arrefecido (evitou-se, por exemplo, uma escalada tarifária completa entre EUA e China, e a inflação global cedeu um pouco mais), o fato é que navegamos em águas incertas. O ano termina com uma sensação mista: por um lado, 2025 surpreendeu pela resiliência, o pior não se materializou e vários países desviaram das armadilhas que muitos previam; por outro, a fragilidade subjacente permanece. O crescimento segue desigual e sustentado por fios tênues de demanda aqui e acolá. A qualquer tranco mais forte, esses fios podem se romper, sincronizando as quedas e transformando fragmentação em recessão generalizada. Em suma, vivemos um equilíbrio instável. A economia global mostrou vigor para aguentar os trancos até agora, mas continua sob a sombra de um possível revés sincronizado. A prudência, portanto, continua sendo a palavra de ordem, tanto para os formuladores de política quanto para os observadores desse complexo tabuleiro geoeconômico mundial.

Insurance has a huge amount of specialisms that don't always cross over, which means that we can go our whole careers as insurance professionals, having a rough idea about what a particular class of business does, but not really ever appreciating the detailed picture. I think Trade Credit is one of those classes and that's something we should all fix, not least because it's a product that our clients could probably all benefit from That's why I'm really glad that an element of this podcast is a really useful primer on the class and that my guest today has one of the biggest single jobs in this line anywhere in the world and has over twenty years' experience to share with us. Sarah Murrow is President & CEO at Allianz Trade Americas and what follows is a helpful rundown of this global and really useful class of business. This is insurance in its purest and most relevant form – risk taking that allows customers to stick to what they're best at and also improves their return on capital. This is also a line that provides valuable advice as well as a financial product and is so embedded with its clients that they communicate with it every day. In short all of us in the rest of the P&C world have an awful lot to learn from trade credit. And as prominent Trade Credit insurers begin to appear under the Lloyd's platform, this is a class we should all be getting to know a little better. Sarah is a great guest and our conversation encompasses themes as broad as global economics and politics as well as the cut and thrust of insuring trade receivable assets. LINKS: We thank our naming sponsor AdvantageGo: https://www.advantagego.com

Het rommelt achter de schermen bij de Amerikaanse centrale bank. Er is onenigheid over het rentebeleid. De centrale bankiers zijn het eens: er komt een verlaging. Maar de een vindt dat het deze maand moet, de ander in september, en een deel zelfs pas volgend jaar.Ondertussen blijft president Trump druk uitoefenen op de Fed-baas, Jerome Powell. De rente moet omlaag, vindt Trump. En hij geeft Powell naast 'idioot' en 'traag' nu ook een nieuwe bijnaam. Over die bijnaam hebben we het deze aflevering niet, wél wat deze onduidelijkheid en onzekerheid betekent voor de beurs. En dus voor jouw aandelen. Hebben we het ook over TSMC. De chipmaker doet het beter dan verwacht en zegt (nog steeds) te profiteren van de vraag naar AI-chips. Er is weer sprake van chup-euforie, want gister ging chipbedrijf Nvidia door de magische grens van 4000 miljard dollar. Wij kijken wat dit alles betekent voor de cijfers van ASML. Gaan zij dan volgende week ook stunten?Over ASML gesproken. We hebben het ook over een oud-werknemers die geheimen heeft gestolen bij de chipmachinemaker uit Veldhoven. Spoiler: het loopt niet zo goed voor hem af.Ook deze aflevering: Beleggers lachen om Trumps koper-tarieven. OpenAI opent de aanval op Google. Alweer. De grootste suikerproducten van Europa zit in de problemen. Zorgt de Nederlandse pensioensector voor een schokgolf? Boze aandeelhouders Tesla dwingen vergadering af. Hittegolf Europa laat het BBP van landen wegsmelten... See omnystudio.com/listener for privacy information.

Our guest on this week's episode is Ian Williams, Technical Services Manager at Orkin. He helps us to understand a subject that few people want to talk about –  the pests that often overrun facilities. We are talking mice, rats, bugs, and other critters that get in and destroy products, contaminate areas, and just cause a general nuisance. Williams has some great ideas on how to keep them out of our buildings – and if they get in – to deal with them for good. Often it involves thinking like a mouse.Globally, nearly 60% of companies expect a negative impact from the Trump administration's “Liberation Day” tariff rollout, which happened back on April 2. That's according to a survey of 4,500 companies from around the world, including the United States, conducted in March and April by international credit insurer Allianz Trade. We got some clarity this week about one important aspect of logistics, which is forklifts. This ended a long debate about whether propane-fueled forklifts could operate in warehouses in the state of California, and it had been caught up in a lawsuit. To cut to the chase, propane forklifts will be allowed. We share the details of the new agreement and what it means for California's attempts to have zero-emission vehicles operating in many parts of our supply chains.Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.Articles and resources mentioned in this episode:Orkin CommercialUnpredictability dampens exporters outlookCalifornia drops proposed ban on propane forkliftsVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comPodcast is sponsored by: Storage SolutionsOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITY

With trade and tariffs top of mind for many corporations, we thought it was the perfect time to get insight from a professional who's spent more than two decades in the field. In this episode of the FEI Weekly Podcast, we speak with James Daly, the outgoing CEO of Allianz Trade Americas, a leader in trade credit insurance. Daly, who is retiring after a 22-year tenure with the company, shares the key lessons he's learned in the global trade arena—and how financial leaders can prepare for the uncertainty ahead. Special Guest: James Daly.

Join hosts Mike Boulton and Grace Sharkey on this special St. Patrick's Day episode of The Stockout as they dive into the key economic pressures affecting supply chains, retail, and the CPG industry. Featuring Dan North, Senior Economist at Allianz Trade North America, this discussion covers: The impact of tariffs and trade wars on businesses and consumers   Inflation trends and how they affect wages and spending power   Federal Reserve policies and interest rate decisions   The slowing U.S. economy, manufacturing declines, and consumer confidence shifts With expert insights into trade credit insurance and global trade flows, Dan North breaks down why inflation is still a major concern and what to expect from the economy in 2025. Will the Fed cut interest rates?   How are businesses adjusting to trade policies?   What does this mean for your industry? Don't miss this crucial economic update! Like, comment, and subscribe for more in-depth discussions. #Economy #Tariffs #Inflation #SupplyChain #AllianzTrade #InterestRates #TradeWar #EconomicTrends Follow The Stockout Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

Magyarországon is tehet valamit a dolgozó ember, hogy megőrizze az egészségét, még akkor is, ha a legtöbb munkahelyen akkor tud érvényesülni, ha erejét nem kímélve túlteljesíti az elvárásokat. Ehhez azonban nem árt észrevennie, mikor csap át függőségbe a teljesítménykényszer, és megismerni a kiégés elkerülésére szolgáló módszereket. A vezetők is tehetnek azért, hogy a munkavállalók boldogabbak és egészségesebbek legyenek – kérdés, van-e egyáltalán kultúrája ennek a magyar munkahelyeken. Erről kérdeztük Kun Bernadette pszichológust, a munkafüggőség kutatóját, aki érdekes adatokat is megosztott arról, hogy itthon a munkavállalók hány százalékát érinti ez a probléma, és mely munkakörök a legérintettebbek. Merész István, az Allianz-Trade vezetője pedig egyebek mellett arról beszélt, hogy folyamatos társadalmi stresszhelyzetnek voltunk kitéve az elmúlt 4-5 évben, ami a coviddal kezdődött, de nem ért véget a világjárvánnyal. Mindez pedig kihatott a munkahelyekre is, és rákényszerítette a vezetőket, hogy komolyan foglalkozzanak a stresszel. Iratkozz fel a Kösz, jól csatornájára! Spotify: http://tiny.cc/KoszJolSpotify Apple Podcasts: http://tiny.cc/KoszJolApple Hallgasd meg a HVG többi podcastját! Spotify: http://tiny.cc/HVGpodcastokSpotify Apple Podcasts: http://tiny.cc/HVGpodcastokApple 0:00 Intro 2:00 Mekkora része van a munkának a stresszben? 4:08 Nem csak negatív stressz létezik – a képességek és a kihívások egyensúlya a kulcs. 5:48 Mennyire általános, hogy a profitorientált cégek odafigyelnek a munkavállalói stressz és kiégés problémájára? 9.05 Mi határozza meg a munkához való viszonyunkat, és mikortól beszélhetünk munkafüggőségről? 12:20 Az egyén vagy a munkáltató felelőssége, hogy ne hagyja elhatalmasodni a munkával járó terhelést? 15:19 Hogyan kezeli a jó cégvezető a túlteljesítőket? 19:16 Hogyan méri az Allianz-Trade, hogy valóban elégedettek-e a dolgozók, és érik-e ilyenkor meglepetések a céget? 21:25 A saját életükben hogyan érik el megszólalóink, hogy ne szippantsa be őket a munka? Egy vallomás a coach-hoz járásól. 28:30 A munkafüggés figyelmeztető jelei. 31:51 Az állandó elfoglaltság mint státuszszimbólum, a morális felsőbbrendűség megtestesítője. 34:14 Hajnali 5-ös meetingek, avagy mennyire van jelen a munkafüggőség a magyar cégvezetők világában? 37:14 A profitnyomás közepette mit tehet meg egy vezető, hogy a beosztott biztonságban érezze, kifejezhesse magát? 42:30 Magyarországon hány ember érintett munkafüggésben? Mely szektorokban a legjellemzőbb? 46:10 Van-e külön nőket célzó program a cégeknél, és milyen, amikor egy férfi alkalmazott osztja meg a vezetőjével, hogy problémája van a feladatai ellátásával? 52:41 Mit nevezünk kiégésnek? Melyek a figyelmeztető tünetek? 54:45 Hányan küzdhetnek kiégéssel, és kinek a felelőssége felismerni a problémát? 57:13 Mindig azt a lovat ütik, amelyik a legjobban húz – avagy hogyan lehet megkímélni a túlteljesítő kollégákat? 1:03:15 A legfiatalabb munkavállalók: valóban más a munkamoráljuk, vagy csak arról van szó, hogy másképp nevelték őket? 1:07:36 Milyen konkrét lépéseket tehetünk a saját munkahelyi jóllétünk érdekében? 1:11:00 Mi kellene ahhoz, hogy társadalmi szinten fontosabb legyen a profitnál az egyének egészsége?

Ludovic Subran is the Chief Economist of Allianz SE and Allianz Trade (formerly Euler Hermes). He's also worked for the World Bank, the United Nations World Food Program, and the French Ministry of Finance. And he's co-authored three books on markets and economics.Ludovic talks about why our perception of market volatility has changed from that of previous generations, the complexity of global market information, and the need for greater financial literacy.Subscribe to Ludonomics on LinkedInSee more retirement risk management insights from Allianz... Allianz Life Insurance Company of North America (Allianz) and Allianz Life Financial Services, LLC are not affiliated with our podcast guests or their companies. Any links to the podcast guest's website are being provided as a service to you. Opinions expressed by the podcast guests are not necessarily those of Allianz or its affiliates. Please note that the information and opinions are provided by third parties and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation.Allianz Life Insurance Company of North America has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products.Allianz Life Insurance Company of North America (Allianz) does not provide financial planning services.Diversification does not ensure a profit or protect against loss.This content is for general educational purposes only. It is not intended to provide fiduciary, tax, or legal advice and cannot be used to avoid tax penalties; nor is it intended to market, promote, or recommend any tax plan or arrangement. Allianz Life Insurance Company of North America, its affiliates, and their employees and representatives do not give legal or tax advice or advice related to Social Security or Medicare. Customers are encouraged to consult with their own legal, tax, and financial professionals for specific advice or product recommendations, or the Social Security Administration (SSA) office for their particular situation.Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. Registered index-linked annuity

How could initiatives and programs aimed at rejuvenating Baltimore serve as positive examples to other cities across America? After all, it's the birthplace of the nation's oldest railway. It's where the lyrics to the Star Spangled Banner were written. It's home to some of the earliest National Historic Districts in the country. And it's the most populous independent city in the country. But for all its beauty, history, and diversity, Baltimore often gets a bad rap in TV shows, movies, and the media. That's why this special season finale episode of Wheel of Risk is dedicated to the city we call home here at Allianz Trade in North America. Host Alix McCabe is joined by two leaders from Baltimore City Hall — Charlyn Nater, the Director of Main Streets in the Mayor's Office of Small Minority Business Advocacy & Development, and Christopher R. Lundy, the Director of the Mayor's Office of Small and Minority Business Advocacy & Development, for a comprehensive conversation about efforts to reinvigorate the local economy. They also discuss what they love the most about the city, which stereotypes they can't stand, and share invaluable advice for business owners in both Baltimore and beyond.

Edição de 30 de Outubro 2024

When even The Federal Reserve takes note of your economic impact, you know you're a big deal. And that's just one of the many accomplishments attributed to Taylor Swift, whose 2023-2024 Eras tour has become the highest-grossing of all-time, and the first ever to rake in more than $1-billion in revenue, boosting local businesses across the country. But Swift isn't the only musician, athlete, or organization with an oversized impact on the economy.On this episode of Wheel of Risk, host Alix McCabe sits down once again with Dan North, the Senior Economist for North America at Allianz Trade, for a deep dive into the ripple effect that occurs whenever a famous musical act, high-stakes playoff game, or big business conference comes to town. They explore how — ticket sales aside — these marquee events also generate spending on everything from lodging and transportation to restaurants, retailers, and much more. They also discuss what local businesses can do to ‘get on the bandwagon' and take advantage of all those juicy opportunities when they do arise.

“An intangible barrier within a hierarchy that prevents women or minorities from obtaining upper-level positions.” That's how Merriam-Webster defines the term “glass ceiling”, which was first coined by writer, consultant, and diversity advocate Marilyn Loden during a speech way back in 1978. But even today, despite decades of effort and attention, the glass ceiling remains a clear obstacle to women vying for leadership positions. On this episode of Wheel of Risk, host Alix McCabe is joined by two women with compelling stories about their own experiences climbing the corporate ladder: speaker, talent coach, and author, Roberta Matuson, and Allianz Trade's CEO for UK & Ireland, Sarah Murrow. Over the course of their conversation, they discuss both the progress that's been made in recent years as well as the societal norms that are still holding women back. They also explore how having women in leadership roles can benefit a company both financially and culturally, why underperforming organizations tend to have fewer female leaders, and why companies that ignore gender diversity do so at their own peril.

They're a form of insurance that's been around for millennia. Here in the U.S., they've been mandatory on all federal public works projects since 1894. They're also integral to the importation of goods by foreign companies and ensuring that essential public services like garbage collection keep running smoothly. But despite how much we depend on surety bonds every day, most people don't know much about them.On this episode of Wheel of Risk, host Alix McCabe explores the often-overlooked offering with the help of three members of Allianz Trade's “surety squad”; Nick Verna, Regional Head of Surety for Allianz Trade Americas; Nicole Beck, Underwriting Director, Commercial Surety at Allianz Trade in the U.S.; and David Brehm, Underwriting Director, Contract Surety at Allianz Trade in the U.S. Together, they explain the role of surety bonds across a variety of industries, answer the most commonly-asked questions, and arm business owners and contractors with the knowledge they need to decide if a surety bond is something they should talk to their broker about.

They're three little letters that can have a huge impact, in terms of both business performance and being a good corporate citizen: ESG, or Environmental, Social, and Governance. And in a world that's experiencing the increasing effects of climate change, the ‘E' is particularly important right now. But what can organizations do to ensure they're actually walking the walk when it comes to the environment?On this episode of Wheel of Risk, host Alix McCabe sits down with Piril Kadibesegil, the Group Head of Sustainability at Allianz Trade, for a crash course in ESG, with a particular focus on the environment and what companies can do to improve their sustainability practices. Together, they explore the origins of the movement, the business case for sustainability, as well as potential stumbling blocks to implementation. Piril also provides clear, actionable advice for organizations that are either just starting their sustainability journeys or well down the road and looking to increase their impact.

Have you ever noticed how often the economy comes up in campaign speeches and promises from our political leaders? The economy consistently ranks as the main policy issue for most Americans, but just how much does economic performance hinge on the occupant of the Oval Office, and what happens when there's a change at the top?Just ahead of the presidential election in November, this episode of Wheel of Risk is aimed at navigating the uncertainty and changes caused by election cycles, which can have a broad range of impacts on the U.S. economy. Host Alix McCabe is joined by Allianz Trade's Head of Economic Research, Ana Boata, for a comprehensive exploration of presidential economic policies, past and present, including predictions of what to expect if Donald Trump secures a second term. You can even play along as Alix puts her political knowledge to the test in a special presidential pop quiz.

What does Diversity, Equity, Inclusion, and Belonging mean to you? There's been a lot of talk about DEIB in corporate America over the last few years, but in too many cases, those conversations haven't resulted in concrete change. On this episode of Wheel of Risk, host Alix McCabe dives headfirst into the complicated, nuanced topic, with the help of two experts on the subject: Clayton Corley, the Chief of Staff for Commercial and DEIB Officer at Allianz Trade in North America; and Josh Saterman, the CEO and co-founder of Saterman Connect. Their frank discussion covers a lot of ground, from the origins and intent of the DEIB movement, to myths, current roadblocks, and strategies for implementation. They also get into the business case for DEIB initiatives, and how they can help companies large and small boost their bottom lines and enhance employee engagement.

Higher gas prices. Limited air travel options. Packed cruise ships. Hotel rooms and campsites booked up months in advance. Yes, it's that time of year again — summer vacation season! And that means a bevy of both risks and opportunities for businesses and consumers alike. Anyone else get thirsty at the mention of a ‘bevy'? On this episode of Wheel of Risk, host Alix McCabe is joined once again by series stalwart and Senior Economist for North America at Allianz Trade, Dan North, to dive into the economic ups and downs associated with summer travel. They'll explore which types of business and which industries tend to see a seasonal spike in spending, and what companies can do to cash in on those juicy, tourist dollars. They'll also explain why some goods and services tend to get more expensive over the summer, and how individual travelers can maximize their time and their money. Listen until the very end for a special ‘Hot or Not' segment, where Dan shares his take on recent summer travel trends.

It's an expression that dates back to ancient Greece, attributed to mathematician, physicist, and astronomer Archimedes. In modern times, it's defined as a cry or shout of satisfaction when someone finds or discovers something. And in the world of business, it can be the difference between seizing an opportunity, or walking away out of fear, uncertainty, or a lack of information. On this season premiere episode of Wheel of Risk, host Alix McCabe focuses on the importance of those “Eureka” or “aha” moments, when entrepreneurs and business leaders make a powerful mental shift to reframe risk as opportunity. With the help of leadership coach and clarity expert Al Herrera, and long-time Wheel of Risk contributor Justin Seedorf, Allianz Trade's Regional Vice President for Southwest America, Alix explores everything from why humans tend to default to fear, to the difference between known and unknown risks, to actual Eureka moments behind some real-life success stories. They also discuss the benefits of that shift in thinking to uncover why a simple change in perspective can often lead to better business outcomes.

What do you get when you combine invaluable business insights, actionable intelligence, and a pinch of irreverent fun? Season three of America's premiere podcast about risk and reward, of course! Wheel of Risk, proudly presented by Allianz Trade, is coming back — featuring a whole new series of thought-provoking and informative conversations about timely, big-picture topics in the world of business. Join host Alix McCabe and her team of experts as they explore everything from the importance of DEIB initiatives and the economic impact of elections, to women in leadership, how artificial intelligence will change eCommerce, and much, much more. So go ahead, give the wheel a spin! Season three of Wheel of Risk is coming soon, everywhere you listen to podcasts.

Vendredi 14 juin, l'impact de la crise politique en France et en Europe sur l'économie, a été abordé par Emmanuel Lechypre, directeur de l'observatoir de BFM Business, Ana Boata, directrice de recherche économique de Allianz Trade, Andrzej Kawalec, directeur général de Moneta, et Léa Dunand-Chatellet, responsable de l'investissement responsable chez DNCA Finance, reçus par Marc Fiorentino dans l'émission C'est Votre Argent sur BFM Business. Retrouvez l'émission le vendredi et réécoutez la en podcast.

Vendredi 14 juin, l'augmentation de l'écart de taux entre la France et l'Allemagne, a été abordée par Emmanuel Lechypre, directeur de l'observatoire de BFM Business, Ana Boata, directrice de recherche économique de Allianz Trade, Andrzej Kawalec, directeur général de Moneta, et Léa Dunand-Chatellet, responsable de l'investissement responsable chez DNCA Finance, reçu par Marc Fiorentino dans l'émission C'est Votre Argent sur BFM Business. Retrouvez l'émission le vendredi et réécoutez la en podcast.

Vendredi 14 juin, le décrochage sur le CAC40 cette semaine à cause de la crise politique, a été abordé par Emmanuel Lechypre, directeur de l'observatoire de BFM Business, Ana Boata, directrice de recherche économique de Allianz Trade, Andrzej Kawalec, directeur général de Moneta, et Léa Dunand-Chatellet, responsable de l'investissement responsable chez DNCA Finance, reçus par Marc Fiorentino dans l'émission C'est Votre Argent sur BFM Business. Retrouvez l'émission le vendredi et réécoutez la en podcast.

Après trois années sous cloche en raison du Covid, la Chine n'a pas connu le réveil de la croissance qu'elle escomptait. Minant le moral des ménages et des jeunes diplômés touchés par le chômage. Dans « La Story », le podcast d'actualité des « Echos », Pierrick Fay et ses invités détaillent les raisons profondes du ralentissement économique chinois.La Story est un podcast des « Echos » présenté par Pierrick Fay. Cet épisode a été enregistré en mars 2024. Rédaction en chef : Clémence Lemaistre. Invités : Françoise Huang (économiste senior chez Allianz Trade) et Frédéric Schaeffer (correspondant des « Echos » à Shanghai). Réalisation : Willy Ganne. Chargée de production et d'édition : Michèle Warnet. Musique : Théo Boulenger. Identité graphique : Upian. Photo : Tatan Syuflana/AP/SIPA. Sons : CGTN Français, France 24. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

It's a defining characteristic of American culture; we love sports, we love business, and we love the people who excel at either endeavor. Both billionaires and top-level athletes are household names in this country. And it turns out, the values and mindset it takes to succeed in athletic competition are identical to those you need to rise to the top in the world of business.On this very special season finale of Wheel of Risk, host Alix McCabe is joined by two-time Paralympic athlete and medal winner for Team USA, Daniel Romanchuk. With a focus on prediction, preparation, and perseverance, their conversation ranges from Daniel's early life in Maryland and his discovery of wheelchair racing, to his journey to the Rio Games in 2016 and on to Tokyo in 2020, where he faced unexpected challenges but still emerged victorious. The episode also highlights the importance of partnership, showcasing Daniel's support network and his collaboration with Allianz Trade, the Worldwide Partner of the Olympic and Paralympic Movements.We'd also love to learn more about you and what you'd like to hear on future episodes, so please take two minutes to fill out this survey.

It's a term that's seen a lot of use and prompted plenty of anxiety over the past few years: recession. Ever since the start of the pandemic, there's been a barrage of media coverage about the state of the economy and where it's headed. But it turns out, recessions may not be the economic bogeymen they're made out to be… they're simply part of a boom-bust cycle that dates back hundreds of years.On this episode of Wheel of Risk, host Alix McCabe is joined by series stalwart Dan North, the Senior Economist for North America at Allianz Trade, for a deep dive into the cyclical nature of the U.S. economic system. One part history lesson, one part economics lesson, with a pinch of prognostication on the side, this podcast is essential listening for any business owner or manager who's concerned about the toll that tough economic times can take on their organization's bottom line.We'd also love to learn more about you and what you'd like to hear on future episodes, so please take two minutes to fill out this survey.

From supply chain disruptions, bank failures, and labor disputes to inflation, interest rate hikes, and of course, the COVID-19 pandemic, it's no secret that businesses have faced an unprecedented confluence of challenges over the past few years. Unfortunately, they may not be out of the woods just yet.On this special episode of Wheel of Risk, host Alix McCabe moderates the show's first-ever roundtable discussion, featuring Steve Georgetti, the Director of Risk Underwriting for the Americas at Allianz Trade, and two members of his risk team; Teresa Matney and Matt Cobo. Together, they break down the specific risks and opportunities facing a wide swath of businesses that operate in two key sectors of the economy; the tech and manufacturing industries. The team also highlights which key indicators to watch in the coming months and years, and shares expert advice about what businesses can do to weather — or benefit from — any peaks and valleys in the economic cycle.We'd also love to learn more about you and what you'd like to hear on future episodes, so please take two minutes to fill out this survey.