Learn about acceptance in international trade, its process, examples, and how it ensures payment for goods, enhancing your trade finance knowledge.

Purchasing power refers to the quantity of goods or services $20 can buy today. Inflation erodes purchasing power, making $10 buy fewer loaves of bread over 10 years. Investing in S&P 500 funds can ...

Thirteen days before LIPA trustees voted in May to cancel its search for a new bidder to run the electric grid and instead negotiate a contract extension with PSEG Long Island, a top lawyer for PSEG's ...

Procurement sits at the center of cost control, supplier relationships, and compliance. If you ask a procurement manager what their week looks like, they won’t say strategy. They’ll probably say: ...

Oct 30 (Reuters) - U.S. President Donald Trump said on Thursday that China has agreed to begin the process of purchasing U.S. energy. "In fact, a very large scale transaction may take place concerning ...

The U.S. Army has started using an AI-enabled tool to help simplify and modernize its acquisition process by identifying and eliminating outdated or redundant requirements. Part of an initiative ...

US Army Secretary Dan Driscoll said the military procurement process needs an urgent overhaul. He said the military needs to "disrupt the system" that "lined the primes' pockets for so long." This ...

Cities are central to both the causes and solutions of the climate crisis. Local governments, through their regulatory and spending powers, hold significant potential to advance climate neutrality.

The much-derided Leviathan of Pentagon acquisitions is due for a revamp, the presumptive next vice chairman of the Joint Chiefs of Staff told lawmakers on Thursday, and he is ready to lead the way.

KANSAS CITY, Mo. (KCTV) - One week from Wednesday, the first phase of ticket sales for the 2026 FIFA World Cup will be open to fans. FIFA announced that the entry period for the Visa Presale Draw will ...