Argentina’s President Javier Milei won in a key midterm election, signaling a larger confidence in his last two years in office. The election, held in the last week of October, strengthens Milei’s ability to carry out his free-market experiment, according to the Associated Press, all with billions of dollars in backing from the United States.

NACM’s seasonally adjusted combined Credit Managers’ Index (CMI) for October 2025 improved 2.1 points to 54.5. “The index recovered most of last month’s drop and remains in expansion, but the statements made by respondents are worrying,” said NACM Economist Amy Crews Cutts, Ph.D., CBE. “The respondent comments are starkly negative, citing increased business failures and bankruptcies, lien filings and demands for extended terms.”

As a leader, it can be easy to focus on your own perspective. After all, you’re ultimately responsible for making key decisions. However, leadership isn’t just about giving orders; it’s about guiding your team and ensuring their needs are met.

Recent comments from Treasury Secretary Scott Bessent and the White House hint at plans to pause the new regulations introduced earlier this year with the Affiliates Rule, or the 50% Rule, amid ongoing talks with China.

As you embark on your credit career, you will always be faced with new challenges. Whether you are taking on new responsibilities, handling larger customers or starting an entirely new role, continued education is a critical resource as you ready yourself for every turn your career journey takes.

Today, we congratulate Chelsea Hirn, CBA, recipient of the GSCFM Student Leader Award from NACM’s National Honors and Awards Program, presented by the graduating class of the Graduate School of Credit and Financial Management.  

Artificial Intelligence: Your Greatest Ally or Hidden Risk? What AI really means for credit management

Following their independence from Malaysia in 1965, the island country and city-state of Singapore, or the Republic of Singapore, has evolved into a thriving and dynamic economy. The region’s economic growth is attributed to its reliance on industrial exports of high-quality and competitively priced consumer and IT products. These products have attracted attention from foreign direct investment (FDI) in pharmaceuticals and medical technology products.

Metrics are a key part of how credit managers track their company’s performance, from how many customers are paying late to the number of new credit applications. There is a lot of internal data to consider when working in credit, but how often do credit professionals look outside their own metrics?