African Trade Insurance Agency (ATI) projected to maintain its ‘policy importance’ to Africa despite COVID-19 related economic challenges in the region. Rationale for the rating included: robust equity growth to… read more →

Your Monday morning coffee briefing from TFG. The severe contraction of economic activity due to COVID-19 are being felt around the world. Associations are calling for state backed support for the private credit insurance market as the impact of bank lending severely impacts critical supply chains.

TFG heard from Noviland’s Francois Jaffres on the real challenges of COVID-19 on purchasing PPE from Chinese suppliers and the impacts on payment terms such as LCs

ICISA calls for a systematic approach across the EU to meet the demands of the crisis triggered by Covid-19. This coordination would enable economic sectors to still continue trading on a level playing field.

A toxic combination of macroeconomic dispute, a global pandemic which by now we are all too familiar with and dwindling storage capacity led to negative prices for crude oil for the first time in history, and the worst performance of West Texas Intermediate (WTI) on the New York Mercantile Exchange since its futures trading opening in 1983.

Industry bodies called for further government support towards supporting the global trade industry (multilaterals, banks and insurers), as the coronavirus pandemic continues to disrupt all areas of the economy.

ITFA, BAFT, Berne Union, IACPM, IUA and LMA today wrote to European Union policymakers about the importance of facilitating bank lending amid the COVID-19 crisis.

The International Chamber of Commerce (ICC) has provided guidance to the trade finance market to address COVID-19 disruptions, urging governments and central banks to void any legal prohibitions on the… read more →

More than ever, now is the time for the G20 to work together, be aligned and coordinated in addressing urgent relief measures to contain the spread of the pandemic and… read more →

I have been amazed at the response of the financial services innovation community to the COVID-19 crisis. It is at times like these that we really see the value of… read more →