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Only through ICTF and Thunderbird - world-class online education and designations - supported by a rigorous program of study designed to prepare business professionals for the challenges of international credit risk management when trading worldwide.

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Registered Global Credit Professional

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April 19-21, 2015
ICTF's Global Credit Professionals Symposium
The Ritz-Carlton (A Four Season's Hotel) -
Chicago
more information and full program >>

May 10-12, 2015
ICTF's International Credit Professionals Symposium
Lisbon Marriott Hotel - Lisbon, Portugal
 
more information and full programme >>

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October 18-20, 2015
ICTF's International Credit Professionals Symposium
Waldorf Astoria Hotel -
Berlin, Germany

November 15-17, 2015
ICTF's Annual Global Trade Symposium
The Ritz-Carlton Hotel -
Ft. Lauderdale, FL

"The educational content and intellectual capacity contained within ICTF is astounding and surpasses any of the groups I have attended in the past."

"ICTF conferences bring together some of the most sophisticated international credit professionals, creating an extraordinary environment to share and learn the latest international best practices."

"If your company is involved with international business, ICTF is a must join organization. ICTF is the superior international group and it stands shoulders above any other organization that may attempt to fill the International business needs.”

The End of 21st Century Socialism - March 2015

The dream of 21st Century Socialism is over, drowned in 16 years of mismanagement and corruption. What will eventually replace it is still hard to tell, but for now Venezuela is sliding precipitously from the authoritarianism of the late President Huge Chavez to a totalitarianism conjured up by President Nicolas Maduro. Chavez, who created the statist/socialist system and presided over it until he died in 2013, was able to hang on as long as he did because he had charisma, the ability to establish a close rapport with the poor and, above all, a period of sky-high oil prices, petroleum being virtually Venezuela's only export and vastly predominant source of government revenues. Maduro, by contrast, has none of these advantages.

He is a dull, even dour, personage who does not do particularly well with the common folk. And he is presiding over a country severely hit by a collapse of oil prices that brought a radical end to years of comforting windfalls. The trouble is, none of these windfalls were saved for the rainy days Venezuela is now experiencing. Between 2000 and 2012, the country raked in a cool USD 800 billion in revenues from petroleum, or two-and-a-half times as much, in real terms, as it had in the preceding 13 years. Most of this money went into funding the 21st Century Socialism with subsidies for healthcare, low-cost housing and cheap food for the poor and thus into buying political support.  READ MORE>>

 

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