A special guest post by Global Security Consultant and Political Risk Expert, Paul Crespo. This is the latest post in the series. With the dramatic growth of global commerce more businesses rely on maritime shipping to get their goods and raw materials to market. The release of the Tom Hanks film "Captain Phillips" depicting the 2009 hijacking of the US merchant ship Maersk … [Read more...]
Cyber Attack – 3rd Biggest Threat to International Business
A special guest post by Global Security Consultant and Political Risk Expert, Paul Crespo. This is the sixth post in the series. With larger and costlier data breaches being reported every day, cyber security is quickly moving from being seen by C-level executives as a purely technical security issue, to a top business risk for global corporations. Cybercrime and … [Read more...]
Political Risk Insurance: Why Your International Business Must Have It.
A special interview with Global Security Consultant and Political Risk Expert, Paul Crespo This is the first in a series of posts dealing with global security and risk management. While companies doing business internationally generally protect themselves against numerous risks, political risk is often ignored or accepted as fate. While there are many ways to manage and … [Read more...]
Top 25 Cities for International Trade.
The latest issue of Global Trade Magazine ranks the Top 25 Cities for International Trade. The ranking is based on the largest export volume increase in 2011. This approach is different than the International Administration's Top 50 ranking, which is largely the same every year. Houston and New York topped the list with a combined increase of $44 billion. That's leaps and … [Read more...]
Why “10 + 2” Does Not Always Equal 12: What You Need to Know About the U.S. Importer Security Filing Rule.
Last month I received an email from a potential foreign client regarding the Importer Security Filing (ISF) Rule, known in the international shipping industry as the “10+2” Rule. Specifically, this person wanted to know what the penalties were for failing to comply with the rule’s filing requirements. I’m not sure whether it was a coincidence or whether the writer knew that … [Read more...]