The Department for International Trade has recently published its Global Trade Outlook report. TFG summarised of the key points from the report, outlining what could be in store for global trade between now and 2050.
Your morning coffee briefing from TFG. Exports of intermediate goods sustain gains in Q1 of 2021 after rebound from pandemic, job slow down could lead the Federal Reserve to continue with stimulus, inflation could spark new financial crisis, China says US tensions threaten fight against climate change and UK labour crisis could last up to two years, CBI warns.
COVID-19 puts international trade to a halt following the closure of the Ningbo-Zhoushan port in China and causing a global microchip shortage. There are other unanticipated issues to account for, such as the Suez Canal blockage.
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
Privately-owned base metal trading company successfully renews and increases its Syndicated Uncommitted Secured Revolving Borrowing Base Facility. London, 11th August 2021 – Ocean Partners UK Limited announces it has successfully… read more →
Trade Finance Global (TFG), the leading trade finance fintech, has been selected to join the inaugural China track of the Mayor of London’s scaleup programme.
Finastra and Hangzhou Hundsun Lirong Software Co. Ltd. to co-develop a tailored version of Finastras’s Fusion Opics treasury solution for the Chinese market. This treasury solution- currently, used by over… read more →
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
Singapore has become the first country to ratify the Regional Comprehensive Economic Partnership (RCEP), with plans to implement the accord on the 1st January 2022.
After Covid-19 crippled global commerce, the World Trade Organization said March 31 that it expected the planet’s merchandise trade to increase 8% in 2021 after contracting 5.3% in 2020.
