TFG heard from WOA’s founder, Erik Timmermans, on the latest in receivables and open account trade in 2020, the impact of the COVID pandemic on the RF community, and what we could expect for the remainder of the year.

India surpassed Russia to register the third-highest COVID-19 caseload after the US and Brazil. Governments are tasked with securing growth. Instead of raising taxes and reducing public spending as many did after the last recession, governments are now planning the next stage of fiscal easing.

Figures from the Department for International Trade published today (10 July), show the UK attracted 1,852 new inward investment projects in 2019/2020 financial year, representing a 4% increase on the… read more →

We dive deeper into how Covid-19 impacted the shipping industry. Will the cruise liners be able to financially recover from this outbreak?

As lockdowns became the norm around the globe, governments have had to step in to support their economies due to the substantial downturn in economic activity – breaking stimulus records in the process.

With competitive digital economy, Colombia will be able to plan for post-pandemic recovery and strengthen regional economies to adopt smart solutions linked to the Internet of Things that allow them to compete in global value chains.

The speed and severity of the economic downturn has been far greater than the last recession, in 2008–09. The IMF forecasts that world GDP will shrink by almost 5% this year. Growth is coming back as the lockdown eases.

TFG heard from Dr. Deborah Elms, CEO, Asian Trade Centre on the impact of COVID19 for businesses in Asia Pacific and how governments and policymakers can accelerate the economic recovery.

With this global pandemic, it is recommended to encourage the use of guarantees and counter-guarantee subject to URDG 758 as it provides a balance between the interests of all the parties involved.

Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery… read more →