Due to long mining periods and overblown expectations, industries in the midstream lithium supply chain shoulder the most pressure and are the most fragile in the supply chain.
While it comes with many business benefits, engaging in trade with nations around the world can be a complex process. As a result, it may be tempting to pay your invoices in GBP which, at face value, may seem like a simpler and more beneficial option – but this often isn’t the case.
In October, the eurozone shifted from a trade deficit to a surplus, according to the latest non-adjusted figures released on Friday. This change was largely due to a decrease in the value of energy imports compared to the previous year.
In 2023, UK exports in whisky and gin saw a 13% growth, reaching £9.4 billion. This increase is largely driven by young professionals who are opting for high-end brands to demonstrate “status and success”.
The European Union is considering extending its current truce with the US concerning steel and aluminium trade. This move could circumvent ongoing stagnant talks and prevent the re-imposition of tariffs… read more →
A New York man with Ghanaian connections who engineered a trade-based money laundering (TBML) scheme to transfer illicit gains from online scams has been sentenced to 14 months in prison and ordered to pay $532,738 in restitution to 11 victims.
According to the World Energy Outlook report by the International Energy Agency (IEA), the global demand for fossil fuels such as coal, oil, and natural gas is expected to reach… read more →
India’s edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals, given uncertainty over supplies from the Black Sea,… read more →
Oil prices climbed on Monday due to a tightening supply and expectations for economic stimulus in China, which helped Brent oil maintain a price comfortably above $80 a barrel. This… read more →
It seemed like just yesterday that TFG spoke to our industry friends about their predictions for 2023. But in a blink of an eye, we are over half way through the year. As always, the world of international trade is a busy one, filled with twists and turns that are difficult to predict.
