A new wave of corporate insolvency threatens the global economy, as bankruptcies worldwide surged by 12% already in the first quarter of 2026 compared to the corresponding period last year – This emerges from a recent report by credit insurance giant Coface.
According to the company’s data, the primary trigger for this trend is the crisis with Iran that erupted on February 28, bringing with it a sharp rise in energy prices, supply chain disruptions, and increased shipping costs. These factors, alongside labor costs and tightening credit conditions, are exerting a triple and intensifying pressure on the profit margins of businesses worldwide.
Following these developments, Coface sharply updated its forward-looking forecasts. The global…