What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1042913 CrashCourse
An excerpt from the online FITTskills International Trade Finance training course http://www.fitt.ca/international-trade-finance, listing the main types of risks involved in doing business beyond borders. The International Trade Finance course , is offered by the Forum for International Trade Training (http://www.fitt.ca) - FITT. FITT is the world leader in international trade training and certification for individuals and businesses engaged in global trade. FITT courses are recognized by the World Trade Centers Association, Governments and are delivered internationally (online and classroom) including in Canada, US, Colombia, Iraq, Chile etc. Also stay on top of international trade topics on our blog http://www.tradeready.ca
Views: 5416 FITT - Forum for International Trade Training
24/7 News LIVE from RT's HQ in Moscow #RT #RussiaToday #BreakingNews Check out http://rt.com RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Telegram https://t.me/rtintl Follow us on VK https://vk.com/rt_international Follow us on Twitter http://twitter.com/RT_com Follow us on Instagram http://instagram.com/rt Follow us on Google+ http://plus.google.com/+RT RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
Views: 5485595 RT
What is DOCUMENTARY COLLECTION? What does DOCUMENTARY COLLECTION mean? DOCUMENTARY COLLECTION meaning - DOCUMENTARY COLLECTION definition - DOCUMENTARY COLLECTION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A documentary collection is a process, in which the seller instructs his bank to forward documents related to the export of goods to the buyer's bank with a request to present these documents to the buyer for payment, indicating when and on what conditions these documents can be released to the buyer. The buyer may obtain possession of goods and clear them through customs, if the buyer has the shipping documents (original bill of lading, certificate of origin, etc.). The documents, however, are only released to the buyer after payment has been made ("Documents against Payment") or payment undertaking has been given - the buyer has accepted a bill of exchange issued by the seller and payable at a certain date in the future (maturity date) ("Documents against Acceptance"). Documentary Collections facilitate import/export operations. They do not provide the same level of security as Letters of Credit, but, as a result, the costs are lower. Unlike the Letters of Credit, for a Documentary Collection the bank acts as a channel for the documents but does not issue any payment covenants (does not guarantee payment). The bank that has received a documentary collection may debit the buyer's account and make payment only if authorised by the buyer. Possibilities and advantages: Make international trade operations more flexible, Use Documentary Collection in cases when the seller does not want to deliver goods to the buyer on "open account" basis, but due to a long-term stable business relationship between the parties there is no need for security provided by a Letter of Credit or payment guarantee, Documentary collection is suitable to the seller: if the seller has no doubts about the buyer's ability to meet its payment obligations, if the political and economic situation in the buyer's country is stable, if there are no foreign exchange restrictions in the seller's country; Documentary collection is convenient for the buyer because: there is no need for an advance payment; payment for goods can be made when shipping documents have been received, in cases of documents released against acceptance the buyer has the possibility to sell the goods first and afterwards make payment to the seller. Documentary Collection assures the seller that the shipping documents will be released to the buyer only upon payment or acceptance of a Bill of Exchange.
Views: 4946 The Audiopedia
This video shows the total GBP that the UK has exported (by country) from 1996 - 2014. Data has been taken from the UK Overseas Trade Statistics (OTS) for use on tradefinanceglobal.com/finance-products/trade-finance/. International trade in goods data are published by HM Revenue & Customs (HMRC) as the 'Overseas Trade Statistics (OTS) of the UK'. They are based on the United Nation's International Merchandise Trade Statistics Concepts and Definitions, as interpreted in EC statistical legislation, and are published in accordance with the National Statistics Code of Practice for Official Statistics. International trade in goods data detailing trade between the UK and non-EU countries are collected from UK Customs import and export entries made by importing/exporting businesses, predominantly via the Customs Handling of Import and Export Freight (CHIEF) system. OTS are compiled monthly, quarterly and annually from trade declarations made using commodity codes from the UN Tariff (HS Nomenclature) and its EU derivative, the Intrastat Classification Nomenclature (ICN).
Views: 590 Trade Finance Global
Speaker(s): Pedro Carriço, Jon Coleman, Dr Hans-Joachim Henckel, Peter Luketa, Geetha Muralidhar, Professor Danny Quah, Lars H Thunell Chair: Andreas Klasen Recorded on 29 May 2012 in Sheikh Zayed Theatre, New Academic Building. mp3 audio podcast available here - http://www2.lse.ac.uk/newsAndMedia/videoAndAudio/channels/publicLecturesAndEvents/player.aspx?id=1505 A look at the role of export credit agencies and financial institutions in promoting global trade and the challenges they face during Europe's sovereign debt crisis. Pedro Carriço is Head of International Relations and Country Risk Department at Seguradora Brasileira de Crédito à Exportação. Jon Coleman is Chairman of the British Exporters Association. Hans-Joachim Henckel is head of division at the German Federal Ministry of Economics and Technology. Peter Luketa is global head of export finance at HSBC Bank plc. Geetha Muralidhar is executive director of Export Credit Guarantees Corporation of India LTD. Danny Quah is professor of economics at LSE. Lars H Thunell is executive vice president and CEO of International Finance Corporation.
China sinks its claws into cash-strapped countries, and they won't be letting go any time soon... Do you have questions for Chris? Join us on Patreon for an opportunity to have Chris personally answer your most pressing questions in one of our videos and to get other exclusive rewards. https://www.patreon.com/ChinaUncensored Subscribe for more episodes! https://www.youtube.com/ChinaUncensored Make sure to share with your friends! ______________________________ gwadar economy montenegro loan china news china africa summit business news government politics al jazeera
Views: 1849315 China Uncensored
What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will argue that globalization is, in aggregate, good. Free trade and globalization tend to provide an overall benefit, and raises average incomes across the globe. The downside is that it isn't good for every individual in the system. In some countries, manufacturing jobs move to places where labor costs are lower. And some countries that receive the influx of jobs aren't prepared to deal with it, from a regulatory standpoint. Anyway, Jacob and Adriene can explain the whole thing to you in 10 minutes. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 708255 CrashCourse
Understanding the United States Current Account in 2011 Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/balance-of-payments-capital-account?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/is-lm-model-tutorial/v/government-spending-and-the-is-lm-model?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 369764 Khan Academy
SUPPORT ME on 👉 (https://www.paypal.me/africanInsider) This past week President Xi Jinping hosted high-level meeting of African leaders and promised no strings attached to more financing. SUBSCRIBE -- https://goo.gl/jYw6so CHINA is Africa's largest trading partner and has already spent tens of billions of dollars in investment and loans - with the promise of much more to come. From roads and railways to ports, the Chinese government is backing large-scale projects across Africa as part of its so-called Belt and Road initiative. The leaders of more than 50 African countries have been in Beijing for a two-day summit. China's President Xi Jinping offered them $60bn in new financing deals. But what are the long-term financial risks? DEBT TRAP So far some countries are beginning to find it hard to repay LOANS that they applied from China.A big chunk of these LOANS is usually stolen by corrupt government officials who take advantage of weaker institutions in most African countries. KENYA Kenya has raised tax on goods to be able to repay some of the loans that have matured. This has led to high rise in cost of living to unbearable levels. Another good example is Djibouti and Ethiopia who are coming to terms with having to repay DEBTS owed to China. LEVERAGE China is using this debts as a leverage to take control of the relevant countries' resources and economy. ............................ Algeria, Angola,Benin,Botswana, Burkina Faso, Burundi, Cabo Verde,Cameroon,Central African Republic (CAR), Chad, Comoros,Democratic Republic of the Congo,Republic of the Congo,Cote d'Ivoire, Djibouti, Egypt,Equatorial Guinea, Eritrea, Eswatini (formerly Swaziland), Ethiopia,Gabon,Gambia,Ghana,Guinea,Guinea-Bissau,Kenya,Lesotho,Liberia,Libya,Madagascar, Malawi, Mali, Mauritania, Mauritius,Morocco,Mozambique,Namibia,Niger,Nigeria, Rwanda, Sao Tome and Principe, Senegal,Seychelles,Sierra Leone,Somalia,South Africa,South Sudan, Sudan,Tanzania,Togo,Tunisia,Uganda,Zambia,Zimbabwe
Views: 88462 African Insider
ESD Alliance is an agricultural company in the heart of Alberta's cattle-country, specialising in electrical supply for irrigation products. Find out how the company got creative with trade financing, and have reaped the rewards by tripling its sales. HSBC NOW brings you stories from our colleagues around the world. For more videos, and to stay up to date with HSBC NOW, subscribe to the channel. Twitter: http://www.twitter.com/HSBC_NOW
Views: 789 HSBC NOW
In this video I explain the Balance of Payments with the current and capital (financial) account. Keep in mind that when a country has a deficit in one account they must have a surplus in the other account. Thanks for watching. Please subscribe. To learn about misconceptions about the minimum wage, click here https://www.youtube.com/watch?v=4GIdROzO94M To learn more economics, click here https://www.youtube.com/watch?v=HQkVO2PsxFw Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Check out my Review Apps for Macro and Micro https://itunes.apple.com/us/app/ap-macroeconomics-review/id634270093?mt=8 Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership
Views: 395772 Jacob Clifford
Welcome to the eighth video in ANZ's Trade Finance Education Series - "Trade Finance in the Spotlight". In this series of videos we will be discussing a range of Trade Finance products and concepts. We will discuss the pros and cons of trade products, how they work and when they should be used. In this episode we will focus on the Role of a Nominated Bank. Stay tuned for upcoming videos featuring more information on Trade Finance products and concepts. Also take a look at the Trade Finance Podcast Series for information on Incoterms 2010. DISCLAIMER: The information on the page and in the videos and podcasts is by way of guidance and education only and does not constitute advice or an offer to finance. Nor does it take into account your personal needs and financial circumstances. It should not be relied upon as authoritative and complete or taken in substitution for the exercise of judgement by any recipient or the recipient consulting its own legal, accountancy, tax and technical advisers before taking any action. ANZ is not liable in any way for any loss or damage, whether direct, indirect, consequential or otherwise howsoever arising out of or in connection with or from any use of the contents of and/or any omissions this page or the videos. Information contained in on this page and in the videos is strictly confidential. It is the property of ANZ. As such, no part of it may be circulated, copied, quoted or otherwise referred to another party without prior written consent of ANZ.
Views: 11339 ANZ Australia
There is working capital cost involved in the process of making the export products and the exporter may not have enough money to cover all the costs. Not to worry. We explain here how the government of India and banks can help cover some costs. This video is developed by the Office of the Additional Director General of Foreign Trade, Bengaluru as part of an initiative under the Niryat Bandhu Scheme of Government of India. Disclaimer :: This video is for information and educational purposes only . For detailed procedure you should refer to the Foreign Trade policy and the Handbook of Procedures available on http://www.dgft.gov.in
Views: 16571 Directorate General of Foreign Trade
Pakistan and International Islamic Trade Finance Corporation (ITFC) have signed a trade financing facility amounting to $551 million that would ease the pressure on country’s foreign exchange reserves slightly. The ITFC, a subsidiary of Islamic Development Bank (IsDB) Group, would provide the loan to Pakistan for import of oil and LNG. This facility will be utilized by Pakistan State Oil Company Limited, Pak Arab Refinery Limited (PARCO) and Pakistan LNG Limited (PLL). The financing agreement provides trade financing amounting to $551 million for a period of one year for import of oil and LNG. ITFC has agreed to provide trade financing of $1.3 billion during the year 2019 for import of oil and LNG by PSO, PARCO and Pakistan LNG Limited. It may be recalled that this facility is a part of framework agreement signed with ITFC in April 2018 for a total envelop of $4.5 billion over for a period of three years (2018-2020). The agreement was signed among the Economic Affairs Division and ITFC and the representatives of PSO, PARCO and Pakistan LNG Limited. Dr Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance, Revenue and Economic Affairs witnessed the signing of trade financing facility. This agreement also reflects confidence of international financial institutions in Pakistan’s economy and its future. Dr. Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance, Revenue & Economic Affairs thanked and appreciated ITFC support for Pakistan. An official of the ministry of finance informed that government is continuing to pursue a multi-pronged strategy to ensure continued stability in the country’s balance of payment position. The strategy includes attracting more foreign direct investment, sale of assets and bilateral and multilateral flows. He further stated that Pakistan Banao Certificate has also been launched, a first-ever retail offering to Pakistanis abroad. The government is also working on diversifying its investor base through issuance of Panda Bond. Signing of the financing facility with ITFC will be helpful in financing oil and gas import bill of the country and easing of pressure on foreign exchange reserves of the country. Pakistan’s foreign exchange reserves have tumbled by over one billion dollars in last week mainly due to the repayment against Pakistan Sovereign Bond. Pakistan’s foreign exchange reserves have declined by $1.03 billion to $16.2 billion during previous week. The reserves held by the State Bank of Pakistan (SBP) stood at $9.24 billion where reserves of the commercial banks are $6.95 billion. The country’s foreign exchange reserves held by the central bank had recently gone to $10.7 billion after getting loans from Saudi Arabia, United Arab Emirates (UAE) and China. The reserves are coming under pressure in next few months due to heavy repayments. The incumbent government, after making hectic efforts, succeeded in arranging financing to avert the balance of payment crisis. Prime Minister Imran Khan had visited friendly countries like China, UAE and Saudi Arabia for requesting to provide loans. Pakistan had already received three billion dollars from Saudi Arabia. Meanwhile, the deferred oil payment facility is also in the pipeline, which would reduce the pressure on the imports of the country. The UAE had so far deposited $2 billion in SBP’s account since January 2019. China has deposited $2.1 billion (RMB 15 billion) in State Bank of Pakistan (SBP)’s account to jack up the foreign currency reserves. By: Nation.com.PK In india various types of languages are spoken but our national language id Hindi but here are lots of people in south india. north east who can't speak or under stand hindi but they can understand english language so finally we decided to make video in both language so that each and every person can understand and can be informed about defence news on youtube .our videos are related to global defence news . we try to update defence news as soon as possible without any editing but we never say its 100% true but try to get it from verified sources . Jai Hind
Views: 109 Defense Diary
FAQ: Direct Provider of Trade Finance- Bronze Wing Trading LLC. Q. Does Bronze Wing Trading have offices in any other country? Ans. No, Bronze Wing Trading is a UAE based company and has office only in Dubai, United Arab Emirates. Q. Does Bronze Wing Trading have any representatives or agents in any other country? Ans. No, Bronze Wing Trading does not have any representatives or agents in any other country. Q. Does Bronze Wing Trading authorize any company or individual as their agents? Ans. No, Bronze Wing Trading does not authorize any company or individual as their agents unless they provide a volume business of USD/EUR 30 M and above. Q. Does Bronze Wing Trading do Joint Venture or Partnership? Ans. No, Bronze Wing Trading does not do Joint Venture or Partnership in any business or project. ================================================ Bronze Wing Trading L.L.C has been providing Trade Finance Services on behalf of importers, exporters & manufacturers from decades. We deal in various products globally like sugar, rice, wheat, edible oil, HMS1&2, metal scrap, cement, bitumen, urea, petroleum products, copper, iron, steel bars & etc. We specialize in facilitating trade finance facilities like; Documentary Letter of Credit (LC) Standby Letter of Credit (SBLC) Bank Guarantee (BG) Performance Guarantee/Bond (PG/PB) Tender Bond Guarantee (TBG) Advance Payment Guarantee (APG) Bank Comfort Letter (BCL) If you have any trade deal pending Now and your BANK has already rejected to finance then we can surely facilitate you to close your trade deal and achieving high return on investment. With us you will get; • Competitive Rates • No Collateral Required • Deal Close in 24 HRS To Get Free Quote please visit our website: http://www.bwtradefinance.com or email us at: [email protected]
Views: 980 Bronze Wing Trading L.L.C.
Global trade is a hot topic of the G7 summit in Canada. Is free trade truly free - and fair? What roles do US President Trump, economic powerhouse China, and the EU play in global trade? When it comes to global trade, it would seem that trickery, threats and deception are the order of the day - yet all this takes place largely beyond the reach of the public eye. Donald Trump has made "America First” his agenda and rallying cry. Along with aiming sharp criticism at global export champion Germany, Trump has also introduced punitive tariffs and warned of further measures. Will this fresh wave of protectionism lead to economic isolationism and threaten global free trade? And what about those for whom free trade’s promise of prosperity increasingly rings hollow? Around the world, many people have come to regard themselves as the losers of globalization. If the true winners of free trade and globalization are not ordinary citizens, has the time come to revise the liberal orthodoxy of free trade? This documentary visits Germany, Switzerland, the United States and Cameroon to explore these issues by way of some everyday examples, including the trade in onions, floor tiles, and bicycles. _______ DW Documentary gives you knowledge beyond the headlines. Watch high-class documentaries from German broadcasters and international production companies. Meet intriguing people, travel to distant lands, get a look behind the complexities of daily life and build a deeper understanding of current affairs and global events. Subscribe and explore the world around you with DW Documentary. Subscribe to DW Documentary: https://www.youtube.com/channel/UCW39zufHfsuGgpLviKh297Q?sub_confirmation=1# For more documentaries visit: http://www.dw.com/en/tv/docfilm/s-3610 Instagram https://www.instagram.com/dwdocumentary/ Facebook: https://www.facebook.com/dw.stories DW netiquette policy: http://www.dw.com/en/dws-netiquette-policy/a-5300954
Views: 962067 DW Documentary
Bill of Lading, an important document in International Trade Finance & Shipping or Import Export business is explained in hindi. When you import some goods from a foreign country to India, Bill of Lading or B/L is the most important document to claim your goods. Related Videos: Letter of Credit - https://youtu.be/0UiLLhNhBiI Incoterms - https://youtu.be/GG2Ea4UvyrY Types of Bill of Lading - https://youtu.be/lfXgILdOHlE Bank Guarantee: https://youtu.be/GWtBvqYYXbI Buyer's Credit and LOU: https://youtu.be/ZNllCCuco8k Incoterms - https://youtu.be/GG2Ea4UvyrY In next video, we will learn about types of bill of lading. बिल ऑफ लैडिंग, इंटरनेशनल ट्रेड फाइनेन्स और शिपिंग या इम्पोर्ट एक्सपोर्ट बिज़नेस में एक महत्वपूर्ण दस्तावेज है। जब आप किसी दूसरे देश से भारत में कुछ सामान आयात करते हैं, तो बिल ऑफ लडिंग या बी/एल आपके सामान को क्लेम करने का सबसे महत्वपूर्ण दस्तावेज होता है। अगले वीडियो में, हम बिल ऑफ लैडिंग के प्रकारों के बारे में जानेंगे। Share this Video: https://youtu.be/xZd76YxHDrg Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is a bill of lading or LB? What is the meaning of the bill of lading? What is the importance of the bill of lading? What all information a bill of lading contains? What the method for tracking bill of lading? How to track bill of lading? How the concept of the bill of lading works? What are the types of bill of lading? Why bill of lading is required for import and export? How bill of lading is used for International Trade Finance and shipping or import and export? Why bill of lading is the most important document to claim goods while importing good from any other country? How good are claimed with the bill of lading in import and export business? Is bill of lading and letter of credit same? How to import good from other countries? How a sample of the bill of lading looks like? What are the features of bill of lading? What is the place of receipt on carrier? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Instagram - http://instagram.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Twitter - http://twitter.com/assetyogi Google Plus – https://plus.google.com/+assetyogi-ay Facebook – https://www.facebook.com/assetyogi Pinterest - http://pinterest.com/assetyogi/ Hope you liked this video in Hindi on “Bill of Lading”.
Views: 98766 Asset Yogi
Anti-Money-Laundering, Counterterrorism Financing and Financial Crime: The Critical Role of Financial Institutions and How It Affects You Talk by Hue Dang ’92, Head of Asia for the Association of Certified Anti-Money-Laundering Specialists. Media coverage in the last several years of financial penalties against global banks such as BNP Paribas ($8.9 billion) or HSBC ($1.92 billion) for money-laundering and sanctions violations—to name just a few examples—highlights the increasing risks to banks as they conduct their normal business. We now live in an era of international money-laundering controls. The terrorist attacks of Sept. 11, 2001, revolutionized the anti-money-laundering (AML) field and brought into stark relief the threat of the movement and disguising of funds destined for the support of terrorism throughout the world, introducing a whole new effort to combat the financing of terrorism (CFT). As a result of the governmental reaction in virtually all countries, banks, non-bank financial institutions and nonfinancial businesses face tougher national and international legal requirements and harsher penalties than ever before. By the same token, the regulators of those businesses, law-enforcement agents and prosecutors also face greater challenges and responsibilities in their work. The discussion of what this means to you will include the economic and social consequences of money laundering; the latest regulatory developments in the U.S., Asia and Europe; challenges in effective AML/CFT implementation; and key lessons learned from recent cases. Presented by the Class of 1992.
Views: 48992 AmherstCollege
Methods of Payment in International Trade: In this video, we discussed methods of payment in international trade (Hindi/Urdu) -international payment methods(import-export), mode of payments in Import Export. Subscribe to our channel for more videos. http://www.pakistancustoms.net/2018/01/Methods-of-Payment-in-International-Trade-HINDI-URDU-International-Payment-Methods.html Mode of payments in Exports and Imports: The Major ways of making payment for export of goods are: 1. Advance payment Which is the best method of payment in an export trade? What type of terms of payment can I adopt an Export business? Under any kind of sales, obviously, advance payment is the best option for payment. Ok, now the terms of payments are concerned, you are very happy if you get payment in advance. Right? Yes, the 100% safe business in any business, especially in export business, is nothing but receiving the advance payment. However, in this present competitive world, you do not expect advance payment from the buyer in all cases unless your product attracts some specific reasons to pay you to advance payment by your buyer. 2. Letter of credit.( L.C.) Letter of credit is an assurance given by the buyer’s bank to remit the amount to the seller through seller’s bank on maturity, as per the terms and conditions of the document based on the contractual agreement between buyer and seller. Now in simple words, If LC opened on your name, you will receive amount through the buyer’s bank on the agreed time. There are various types of letters of credits like Revocable, Irrevocable, Confirmed, Unconfirmed, Clean & Documentary, Fixed, Revolving, Transferable, Back to Back etc. Most common and safe LC is Irrevocable Letter of Credit. I will explain in details about all types of LC in other videos. 3. DP basis - Documents against Payments: What is DP term of payment? How does DP term of payment work? DP OR DAP term of payment is one of the terms of payment in international trade. D.A.P or D/P terms of payment means, Documents Against Payment. Once cargo shipped out from supplier’s premises, after completing necessary export legal formalities of exporting country, he hands over goods to the carrier who transport to the final destination of a buyer. After delivery of goods, the exporter is issued Bill of Lading (undersea shipment) or Airway Bill (under air shipment) by Carrier or his agent. Exporter submits all required documents along with Bill of Lading /Airway bill, invoice, packing list, bill of exchange with the bank to send to the buyer through buyer’s bank. The seller’s bank, once after verification sends these shipping documents to the buyer through buyer’s bank. After receipt of such shipping documents by buyer’s bank notifies buyer on receipt of documents and advise to ‘accept’ the documents by effecting payment of export proceeds. Under a DP terms of payment (DAP terms of payment), the buyer collects original shipping documents from his bank after making necessary payment against the sale of goods. 4. D.A terms means Documents against Acceptance Payment terms ‘DA’ means Documents against Acceptance. As per D.A terms, once the shipping documents along with bills of exchange received by the buyer’s bank, the buyer is informed to accept documents from buyer’s bank. The buyer accepts documents by signing bills of exchange sent by the exporter, agreeing to pay the value of goods shipped as per agreed period of time. (say, 30 days from the date of bill of lading, 60 days from the date of bill of lading or 90 days from the date of bill of lading). Importer receives original shipping documents by ‘accepting’ bill of exchange. He completes import customs clearance procedures with the said original shipping documents and approach carrier to deliver cargo to him after completion of such import customs clearance. The payment against the sale of goods is effected upon the maturity day mentioned in the bill of exchange. Documents against Acceptance - Is it safe for the seller? In payment terms, is DA safe for an Exporter? Does importer make payment on maturity of the contracted period? How reliable DA terms in exports? As per my opinion, the legal strength on D.A terms is very weak in international legal terms. Ok, if you have a strong business relationship with your buyer, you can ship goods on ‘credit’ basis. A proper study of the buyer’s creditworthiness is a dare need while shipping under D.A.terms. Related Searches: Methods Of Payment In International Trade Export Payment Terms Terms Of Payment In International Trade Export Payment Methods Payment Methods In Export Import Trade Modes Of Payment In International Trade
Views: 24771 PakistanCustomsDotNet
May.20 -- Praveen Jagwani, chief executive officer at UTI International, discusses India’s markets, the election results and his outlook for the economy. He speaks on “Bloomberg Markets: Asia.”
Views: 1620 Bloomberg Markets and Finance
FOUR HORSEMEN is an award winning independent feature documentary which lifts the lid on how the world really works. As we will never return to 'business as usual' 23 international thinkers, government advisors and Wall Street money-men break their silence and explain how to establish a moral and just society. FOUR HORSEMEN is free from mainstream media propaganda -- the film doesn't bash bankers, criticise politicians or get involved in conspiracy theories. It ignites the debate about how to usher a new economic paradigm into the world which would dramatically improve the quality of life for billions.
Views: 160414 David S
Antonio Alves, Senior regional head, Trade Finance, IFC- World Bank Group (Latin America & Caribbean) interview - Felaban 2010
Views: 101 The Banker
홍남기 "미중갈등 심화…경제영향 이전보다 심각할 가능성" Trade tensions between China and the U.S. seem to be reaching new heights... following Google's decision on Huawei. And South Korea is keeping a close eye on the situation to minimize the negative impact on the local economy. Kim Hyesung reports. Finance Minister Hong Nam-ki is warning the escalating trade tensions between the U.S. and China could affect the South Korean economy more seriously than previously thought. The world's two largest economies are South Korea's top two trading partners and together account for nearly 40 percent of the country's total exports. Given that near 80 percent of Seoul's exports to Beijing are intermediary goods, the Korea International Trade Association says the U.S.-China trade tariffs, including Trump Administration's 25 percent tariff hike on two-hundred billion U.S. dollars worth of Chinese goods this month could pull down South Korea's overall exports by zero-point-14 percent or more. Minister Hong said despite South Korea's record foreign currency reserves, volatility in the local financial market and won-dollar exchange rate have increased. He also vowed to monitor markets closely and take necessary countermeasures if required. The benchmark KOSPI has fallen to a four-month low and the Korean won has weakened to nearly 1,200 won against the greenback. To help exporters, the finance minister again called on the National Assembly to pass the extra budget bill as soon as possible, which includes over 900 million dollars in trade related financing and export marketing. He added the government will continue to diversify South Korea's trading partners and come up with measures to support local exporters in consumer goods and services by June. Regarding the Trump Administration's announcement to delay its tariff decision on imported cars for six months, he said the government will continue all outreach efforts and help strengthen the competitiveness of South Korean automakers. Kim Hyesung, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews
Views: 263 ARIRANG NEWS
May.22 -- Steven Englander, global head of FX research at Standard Chartered, Lale Topcuoglu, senior fund manager at JOHCM, and Eric Liu, chief executive officer at Vanda Research, examine how markets are responding to escalating trade tension between the United States and China. They speak with Bloomberg's Lisa Abramowicz on "Bloomberg Markets: The Open."
Views: 5493 Bloomberg Markets and Finance
Individuals and countries benefit from trade. Even though it isn't very realistic, simplified examples like this will help you understand the idea of comparative advantage. Make sure to calcite the per unit opportunity cost so you can see which country should specialize in which product. Also, make sure to watch the second half to learn about terms of trade.
Views: 307280 Jacob Clifford
Anti--money laundering (AML) is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent, detect, and report money laundering activities. Anti--money laundering guidelines came into prominence globally as a result of the formation of the Financial Action Task Force (FATF) and the promulgation of an international framework of anti--money laundering standards. These standards began to have more relevance in 2000 and 2001, after FATF began a process to publicly identify countries that were deficient in their anti--money laundering laws and international cooperation, a process colloquially known as "name and shame". An effective AML program requires a jurisdiction to have criminalized money laundering, given the relevant regulators and police the powers and tools to investigate; be able to share information with other countries as appropriate; and require financial institutions to identify their customers, establish risk-based controls, keep records, and report suspicious activities. The elements of the crime of money laundering are set forth in the United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances and Convention against Transnational Organized Crime. It is defined as knowingly engaging in a financial transaction with the proceeds of a crime for the purpose of concealing or disguising the illicit origin of the property from governments. Today, most financial institutions globally, and many non-financial institutions, are required to identify and report transactions of a suspicious nature to the financial intelligence unit in the respective country. For example, a bank must verify a customer's identity and, if necessary, monitor transactions for suspicious activity. This is often termed as 'know your customer. This means knowing the identity of the customer and understanding the kinds of transactions in which the customer is likely to engage. By knowing one's customers, financial institutions can often identify unusual or suspicious behavior, termed anomalies, which may be an indication of money laundering. Bank employees, such as tellers and customer account representatives, are trained in anti--money laundering and are instructed to report activities that they deem suspicious. Additionally, anti-money laundering software filters customer data, classifies it according to level of suspicion, and inspects it for anomalies. Such anomalies include any sudden and substantial increase in funds, a large withdrawal, or moving money to a bank secrecy jurisdiction. Smaller transactions that meet certain criteria may also be flagged as suspicious. For example, structuring can lead to flagged transactions. The software also flags names on government "blacklists" and transactions that involve countries hostile to the host nation. Once the software has mined data and flagged suspect transactions, it alerts bank management, who must then determine whether to file a report with the government. The financial services industry has become more vocal about the rising costs of anti--money laundering regulation and the limited benefits that they claim it brings. One commentator wrote that "[w]ithout facts, [anti-money laundering] legislation has been driven on rhetoric, driving by ill-guided activism responding to the need to be "seen to be doing something" rather than by an objective understanding of its effects on predicate crime. The social panic approach is justified by the language used—we talk of the battle against terrorism or the war on drugs". The Economist magazine has become increasingly vocal in its criticism of such regulation, particularly with reference to countering terrorist financing, referring to it as a "costly failure", although it concedes that other efforts (like reducing identity and credit card fraud) may still be effective at combating money laundering. http://en.wikipedia.org/wiki/Money_laundering Image By Gabriel S. Delgado C. from Puerto Ordaz, Venezuela (Avaricia III: It's raining money Uploaded by Fæ) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
Views: 2242 The Film Archives
Norway is one of the World’s wealthiest countries. Also they have really small inequality between rich and poor and a big welfare state. Part of this wealthy lifestyle can be explained with their enormous oil reserves, located on the Nord Sea. But… this is not the only one. In fact, Norway has managed their natural wealth on a very specific way: state capitalism. This means: Government control a big share of the economy but, then again, it behaves as a business: they care about efficiency and productivity, save money and even… invest it in the stock market! In fact, Norway is not just a wealthy country. It is also one with a big sway on international finance. Why? Because the Norwegian Central Bank invest all the oil profits on the stock market. This is the so called ‘Norway’s sovereign wealth fund’ or the ‘Norwegian pension fund’. This country invest more than 1 TRILLION dollars in companies from all over the world. But how does this system work? In this video, we will tell you how. Other videos at VisualPolitik: Why is GERMANY such an INDUSTRIAL LEADER? https://www.youtube.com/watch?v=CAbcHMOwobg Why is QATAR the RICHEST country in EARTH? https://www.youtube.com/watch?v=CAbcHMOwobg ENDEATHED (Black Metal band from Colombia)’s channel https://www.youtube.com/channel/UCVIb... Endeathed – Death as a Monument: https://www.youtube.com/watch?v=okpMo... Interesting links: https://www.youtube.com/watch?v=b_l3e... https://www.equinor.com/en/magazine/a... https://oilprice.com/Energy/Energy-Ge... Support us on Patreon! www.patreon.com/visualpolitik And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/
Views: 838344 VisualPolitik EN
Tax and VAT issues when trading with countries outside the European Union - If you export goods to countries outside the EU (known as ‘third countries’), you must have the appropriate licences and make export declarations to customs through the National Export System (NES). You must also make sure that VAT, import taxes and duties in the destination country are paid where necessary, and follow transport procedures, though this is normally the responsibility of the importing person or company. There are a number of export procedures, such as duty relief schemes which can benefit businesses. VAT on exports and other taxes When a third country receives your goods, it may charge duty. A third country may also charge their own equivalent of VAT or purchase tax. http://www.hmrc.gov.uk/vat/managing/international/exports/goods.htm http://callietimothy.com/ You Can Learn More on: https://www.youtube.com/playlist?list=PLD-fVNHkAoWERcT2SdgifXHu26oSrTFrg
Views: 1907 callie timothy
ECA (Export Credit Agency) is a Financial Institution or Agency that provides trade finance to domestic countries for their international activities including Guarantees , Loan and insurance to promote exports from the domestic country. The primary objective of ECAs is to remove and mitigate the risk for domestic exporters when exporting outside of their country.
Views: 185 Nimai ManagementConsultants
International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history (see Silk Road, Amber Road, Salt road), its economic, social, and political importance has been on the rise in recent centuries. It is the presupposition of international trade that a sufficient level of geopolitical peace and stability are prevailing in order to allow for the peaceful exchange of trade and commerce to take place between nations. Trading globally gives consumers and countries the opportunity to be exposed to new markets and products. Almost every kind of product can be found on the international market: food, clothes, spare parts, oil, jewelry, wine, stocks, currencies and water. Services are also traded: tourism, banking, consulting and transportation. A product that is sold to the global market is an export, and a product that is bought from the global market is an import. Imports and exports are accounted for in a country's current account in the balance of payments. Industrialization, advanced technology, including transportation, globalization, multinational corporations, and outsourcing are all having a major impact on the international trade system. Increasing international trade is crucial to the continuance of globalization. Without international trade, nations would be limited to the goods and services produced within their own borders. International trade is, in principle, not different from domestic trade as the motivation and the behavior of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. The reason is that a border typically imposes additional costs such as tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system or culture. Another difference between domestic and international trade is that factors of production such as capital and labor are typically more mobile within a country than across countries. Thus international trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labor or other factors of production. Trade in goods and services can serve as a substitute for trade in factors of production. Instead of importing a factor of production, a country can import goods that make intensive use of that factor of production and thus embody it. An example is the import of labor-intensive goods by the United States from China. Instead of importing Chinese labor, the United States imports goods that were produced with Chinese labor. One report in 2010 suggested that international trade was increased when a country hosted a network of immigrants, but the trade effect was weakened when the immigrants became assimilated into their new country. International trade is also a branch of economics, which, together with international finance, forms the larger branch called international economics. Trading is a value-added function: it is the economic process by which a product finds its market, in which specific risks are to be borne by the trader. http://en.wikipedia.org/wiki/International_trade
Views: 120 Way Back
Our consultants help to mitigate event risks, country risks, and the risk of fraud, through the analysis and advisory work we provide. In addition to reviewing and monitoring your current portfolio, we also advise on new manager selection and deal sourcing. https://www.loffcofinance.com/
Views: 65 LOFFCO Risk Management
Check out our Patreon page: https://www.patreon.com/teded View full lesson: http://ed.ted.com/lessons/the-atlantic-slave-trade-what-your-textbook-never-told-you-anthony-hazard Slavery has occurred in many forms throughout the world, but the Atlantic slave trade -- which forcibly brought more than 10 million Africans to the Americas -- stands out for both its global scale and its lasting legacy. Anthony Hazard discusses the historical, economic and personal impact of this massive historical injustice. Lesson by Anthony Hazard, animation by NEIGHBOR.
Views: 4861402 TED-Ed
On many measures, the emerging economies now have more heft and reach than the developed ones Subscribe NOW to The Economist: http://econ.st/1Fsu2Vj The term emerging markets was coined in the 1980s. It was intended as a more appealing way to describe fast-growing countries in what was then known as the third world. But by the end of that decade these emerging economies were still small in comparison to developed economies such as Germany, Japan, and the United States. Over the past 20 years, especially the last ten, the emerging economies have grown quickly accounting for a rising share of world output. In 2008 they finally overtook the developed world accounting for more than half of the world economy if you include countries like South Korea that have since joined the ranks of the developed economies and if you take proper account of differences in local prices. This growing clout is most evident in the market for commodities. The emerging economies burned almost 55 percent of all the oil consumed last year their factories and building sites accounted for 65 percent of global copper consumption and three-quarters of the world's consumption of steel. Their consumer power has also grown they bought over half the world's motor vehicles last year, including vans and lorries, and took out over three-quarters of new mobile phone subscriptions. Developing countries were once self-reliant but poor. In recent decades, by contrast, cross-border trade and investment of soared in both directions. Last year they accounted for more than half of the world's exports and more than half of America's overseas sales. Emerging economies have also become more resilient. They have amassed an enormous cushion of hard currency reserves. That insurance may have helped persuade foreigners to invest in their stock markets which have increased greatly in size despite many ups and downs along the way. The emerging economies cannot match the rich world on every measure. For example Japan Europe and America still have few rivals in the emerging world when it comes to public debt which averages 35% of GDP in emerging economies and over a hundred percent in the rich world. The economic weight of the emerging world is profound but not unprecedented. In 1820 these countries accounted for about 70 percent of the world economy, before industrial revolutions in Europe and America left them far behind. Their recent progress is not then another revolution but rather a restoration. Get more The Economist Follow us: https://twitter.com/TheEconomist Like us: https://www.facebook.com/TheEconomist View photos: https://instagram.com/theeconomist/ The Economist videos give authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
Views: 22933 The Economist
Formed in 1989 by the G7 countries, the FATF is an intergovernmental body whose purpose is to develop and promote an international response to combat money laundering. The FATF Secretariat is housed at the headquarters of the OECD in Paris. In October 2001, FATF expanded its mission to include combating the financing of terrorism. FATF is a policy-making body that brings together legal, financial, and law enforcement experts to achieve national legislation and regulatory AML and CFT reforms. Currently its membership consists of 34 countries and territories and two regional organizations. In addition, FATF works in collaboration with a number of international bodies and organizations. These entities have observer status with FATF, which does not entitle them to vote, but permits them full participation in plenary sessions and working groups. FATF has developed 40 recommendations on money laundering and 9 special recommendations regarding terrorist financing. FATF assesses each member country against these recommendations in published reports. Countries seen as not being sufficiently compliant with such recommendations are subjected to financial sanctions. In an attempt to prevent dirty money from entering the US financial system in the first place, the United States Congress passed a series of laws, starting in 1970, collectively known as the Bank Secrecy Act. These laws, contained in sections 5311 through 5332 of Title 31 of the United States Code, require financial institutions, which under the current definition include a broad array of entities, including banks, credit card companies, life insurers, money service businesses and broker-dealers in securities, to report certain transactions to the United States Treasury. Cash transactions in excess of US$10,000 must be reported on a currency transaction report (CTR), identifying the individual making the transaction as well as the source of the cash. The US is one of the few countries in the world to require reporting of all cash transactions over a certain limit, although certain businesses can be exempt from the requirement. Additionally, financial institutions must report transaction on a Suspicious Activity Report (SAR) that they deem "suspicious", defined as a knowing or suspecting that the funds come from illegal activity or disguise funds from illegal activity, that it is structured to evade BSA requirements or appears to serve no known business or apparent lawful purpose; or that the institution is being used to facilitate criminal activity. Attempts by customers to circumvent the BSA, generally by structuring cash deposits to amounts lower than US$10,000 by breaking them up and depositing them on different days or at different locations also violates the law. The financial database created by these reports is administered by the U.S.'s Financial Intelligence Unit (FIU), called the Financial Crimes Enforcement Network (FinCEN), which is located in Vienna, Virginia. These reports are made available to US criminal investigators, as well as other FIU's around the globe, and FinCEN conducts computer assisted analyses of these reports to determine trends and refer investigations. The BSA requires financial institutions to engage in customer due diligence, which is sometimes known in the parlance as "know your customer". This includes obtaining satisfactory identification to give assurance that the account is in the customer's true name, and having an understanding of the expected nature and source of the money that flows through the customer's accounts. Other classes of customers, such as those with private banking accounts and those of foreign government officials, are subjected to enhanced due diligence because the law deems that those types of accounts are a higher risk for money laundering. All accounts are subject to ongoing monitoring, in which internal bank software scrutinizes transactions and flags for manual inspection those that fall outside certain parameters. If a manual inspection reveals that the transaction is suspicious, the institution should file a Suspicious Activity Report. The regulators of the industries involved are responsible to ensure that the financial institutions comply with the BSA. For example, the Federal Reserve and the Office of the Comptroller of the Currency regularly inspect banks, and may impose civil fines or refer matters for criminal prosecution for non-compliance. A number of banks have been fined and prosecuted for failure to comply with the BSA. Most famously, Riggs Bank, in Washington D.C., was prosecuted and functionally driven out of business as a result of its failure to apply proper money laundering controls, particularly as it related to foreign political figures. http://en.wikipedia.org/wiki/Money_laundering Image By Pen Waggener (Flickr: Economic Landscape) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
Views: 14385 The Film Archives
China’s One Belt One Road initiative could be the most ambitious infrastructure plan in history. With more than $900 billion committed across four continents, it's already the biggest sovereign infrastructure project ever conducted. But it's also a leap of faith towards a goal of reshaping global trade by reconnecting places along the historic Silk Road trade route with new ports, highways and railroads. While most of the projects are concentrated in Asia, China has also extended the initiative beyond its natural sphere of influence. Since 2012, it has made $15 billion worth of infrastructure commitments across central and eastern Europe. For a country like Montenegro, one of Europe’s smallest and poorest, China’s business represents a massive opportunity — and a massive risk. When the Chinese government guaranteed a loan to Montenegro to finance the construction of one 25 mile stretch of its first-ever highway, one condition was that a Chinese state contractor would do 70 percent of the work. But the World Bank believes that the Chinese loan — which Montenegro will pay back between 2020 and 2040 — is a threat to Montenegro’s long-term financial stability. VICE News Tonight traveled to the highway to find out where exactly it's leading. Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideo
Views: 905395 VICE News
May.20 -- With Narendra Modi poised to win the election in India, Sean Taylor, chief investment officer for APAC and head of emerging market equities at DWS, talks about investing in the country. He also talks about emerging markets overall and the U.S. trade war with China. Taylor appears on "Bloomberg Daybreak: Americas."
Views: 2977 Bloomberg Markets and Finance
9 Malaysian Banks Team Up for Trade Finance Blockchain Apps Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank. In a speech at a banking event on Thursday, Jessica Chew Cheng Lian, deputy governor of Bank Negara Malaysia (BNM), took a positive tone, saying the country is embracing... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 32 CoinKorea
International trade is the exchange of goods and services between countries. This type of trade gives rise to a world economy, in which prices, or supply and demand, affect and are affected by global events. Here, two Senior Economists from the Central Bank of Sri Lanka discuss on the International Trade in Sri Lankan context.
Views: 277 CBSLvideo
May.22 -- Alberto Gallo, portfolio manager at Algebris Investments, discusses the U.S.-China trade war and how the adjustment of global supply chains could benefit countries like Brazil, Argentina, Mexico and Canada. Gallo speaks on "Bloomberg Surveillance."
Views: 1431 Bloomberg Markets and Finance
In which Adriene Hill and Jacob Clifford teach you about specialization and trade, and how countries decide whether they're going to make stuff or trade for stuff. You'll learn about things like comparative advantage, the production possibilities frontier and how to make pizza! Crash Course is now on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark Brouwer, Jan Schmid, Anna-Ester Volozh, Robert Kunz, Jason A Saslow, Christian Ludvigsen, Chris Peters, Brad Wardell, Beatrice Jin, Roger C. Rocha, Eric Knight, Jessica Simmons, Jeffrey Thompson, Elliot Beter, Today I Found Out, James Craver, Ian Dundore, Jessica Wode, SR Foxley, Sandra Aft, Jacob Ash, Steve Marshall TO: Sarah M. FROM: Anthony M. "Making our own history awesome! Happy 3 year Anniversary!" TO: Everyone FROM: Someone "The earth is but one country, and mankind its citizens." Thank you so much to all of our awesome supporters for their contributions to help make Crash Course possible and freely available for everyone forever: Nathanial R. Castronovo, Eefje Savelkoul, Nupur Maheshwari, Jacob J., Dominik Steenken, Shai Belfer, Stefan Bjerring Henriksen James Kribs, Hugo Jobly, Tim Eramo Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1606387 CrashCourse
State and local governments offer large financial incentives to attract employers to their part of the country. John Oliver explains what communities get, or often don't get, in return. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 7535849 LastWeekTonight