SERV, the export credit agency of the Swiss government, has successfully co-insured part of a major Turkish infrastructure project worth €1.5 billion.
In this article, Viviane Gnuan-Stehli, communications manager at SERV, explains how the co-insurance deal, worth €130 million, was delivered.
The Bank of England (BoE) has raised its benchmark interest rate from 0.1% to 0.25%, in its first rate hike since August 2018.
The UK’s consumer prices index (CPI) rose to 5.1% last month, hitting its highest level in a decade.
British Chancellor Rishi Sunak has praised the level of financial cooperation that the G7 achieved under the UK presidency, which is coming to an end this year.
Over the weekend, China celebrated the 20th anniversary of its accession to the World Trade Organization (WTO).
The International Chamber of Commerce (ICC) has published an updated framework for responsible environmental marketing, which aims to prevent the use of misleading claims to promote “green” products and services.
Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year.
Your Monday morning coffee briefing from TFG. Stagflation: Over 80% of US and UK businesses have been hit by increased costs due to inflation. The Bank of England’s (BoE) chief economist backs the case for raising interest rates, and the BoE warns that a CBDC could reduce commercial bank despotis by 20%. The U-shaped recovery – ICISA’s Richard Wulff discusses trade credit insurance and its bounce back from the pandemic. Dr. Joanna Burch-Brown explores the EU taxonomy and the ethics of green finance. And European gas shortages are expected to push up fertiliser costs and food prices.
This week, at a House of Lords Economic Affairs Committee hearing on CBDCs, Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England, revealed some interesting findings on the potential impacts of Britcoin.
