Cross-border payment processors are stitching together Latin America’s patchwork of local payment methods to facilitate the growth of international e-commerce marketplaces and digital content providers in the region.
WTI is back above $50 a barrel, and things are looking up for the battered U.S. oil industry. Yet, although the worst may be behind drillers, they still face a lot of difficulties, including the danger of more loan defaults.
Fitch Ratings warned about the continued threat of defaults in a recent update, noting the oil and gas industry would this year again be the one with the most defaults, according to a report by the Financial Times. In light of the troubles plaguing other industries hit hard by the pandemic, such as air travel and real estate, this is saying something.
Photo by Scott Taetsch/Getty Images
The thrill of victory is a beautiful thing, but the agony of defeat is often what NFL athletes remember most. That’s even more true when said defeat came because of a bad call by referees.
No one wants to lose because of something that was out of their control, but that can happen when an official makes the wrong call late in a close game. On several occasions during Wild Card Weekend, we saw some pretty egregious officiating gaffes by the refs, some coming even when they had the help of replay review.
2020 Was a Watershed Year for Retail Bankruptcies
A record $10.6 billion in defaults in the past 12 months
The default rate is likely to decline in 2021 with fewer retailers at risk of bankruptcy.
Ivary/Getty Images December 31, 2020
2020 will go down in history for many dubious distinctions, including retail bankruptcies. There have been more than three dozen bankruptcy filings by national and regional chains as stores were shuttered due to Covid-19, decimating sales for nonessential legacy brick-and-mortar businesses.
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