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Positive Outlook for 2018: Euler Hermes Predicts 2.6% U.S. GDP Growth

BALTIMORE – February 5, 2018 – U.S. GDP will grow by 2.6% in 2018, up from 2.3% in 2017 and above the 2.2% average growth rate since the economy entered its recovery period, according to the world’s largest trade credit insurance firm Euler Hermes. While variables like political uncertainty cloud the outlook, positive factors such as increased consumer confidence, growth in manufacturing and wages, and pro-business policies all point to an above average year for the U.S. economy.

Euler Hermes Americas Launches Surety in the U.S., Canada, Brazil

BALTIMORE – August 16, 2017 – Euler Hermes, the world’s leading trade credit insurer, today announced it has launched Surety – including performance and payment bonds – in its Americas region (U.S., Canada and Brazil). With nearly 100 years of global surety and bonding history, Euler Hermes is one of the world’s most experienced surety providers.

Euler Hermes Digital Agency Announces Criskco Partnership

BALTIMORE – June 26, 2017 – Euler Hermes, the world’s leading trade credit insurer, today announced an innovative partnership with fintech credit risk analysis company, CRiskCo. With a focus on revolutionizing factoring, trade and supply chain finance, CRiskCo uses state-of-the art artificial intelligence (AI) credit analysis and fraud detection processes.

Euler Hermes Digital Agency, Flowcast Partnership: Credit Insurance Benefits From Artificial Intelligence

NEW YORK (Lendit USA) – March 6, 2017 – Euler Hermes, the world’s leading trade credit insurer, today announced a pioneering partnership between its Digital Agency and Flowcast, a fintech company focused on revolutionizing trade and supply chain finance with artificial intelligence (AI). The announcement was made as the partners attended LendIt USA, a major lending and fintech conference in New York this week.

2016 Rio Olympic Games Will Hinder, Not Help, Brazilian Economy

BALTIMORE, Md. – August 1, 2016 – While the Olympic Games will generate minor short-term growth and employment in Brazil, the net impact of the Games will be negative for the host country predicts Euler Hermes, the world’s leading provider of trade credit insurance. Amidst a trend of rising public debt, hosting the Olympics will increase regional business bankruptcies and create inflationary pressures until 2020.

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