Specialist intelligence company EXX Africa’s director Robert Besseling assesses that African governments are increasingly integrating infrastructure investment options into a more competitive landscape that seeks to bridge the massive annual financing gap. However, accomplishing sustained economic growth, meeting revenue collection targets, and achieving positive indicators will be required to balance growing debt levels and record fiscal expansionism.
Despite today’s climate of rising trade tariffs and falling trade volumes, UniCredit’s Global Head of Global Transaction Banking, Luca Corsini, claims we have reason to remain optimistic for trade finance revenues in the coming months, pointing to the rising need for security in trade transactions, the rise of digital platforms to simplify and expand service provision, and continued infrastructure development stemming from Asia
The UK and Chinese governments will today (17 June) welcome a set of green finance guidelines for the Belt and Road Initiative (BRI), developed by the City of London Corporation‘s… read more →
The volume of space dedicated to ‘trade wars’ in the past few months is vast. But this does not guarantee the subject has been properly examined and analysed. I would like to suggest another perspective, questioning some common assumptions.
A trade war is unlikely to turn into a currency war, and the yuan’s exchange rate against the dollar should stabilize and be slightly lower than it was before the trade war. However, this situation is not what the United States wants to see, and how it will develop still needs to be observed to further respond to the depreciation of the RMB.
Donald Trump provoked trade disputes between the US’s trading partners all around the world. Most dramatically, Trump has imposed waves of tariffs against China on nearly half of the Chinese exports to the US.
In July the pound continued its march lower as markets prepared for the prospect of a PM who would be more aligned with a no-deal Brexit outcome
Huawei’s leadership in 5G communications is seen by the US as a provocation. Trump has imposed a series of sanctions on Huawei, while some of U.S. traditional allies have only… read more →
History’s most ambitious and extensive infrastructure project is currently underway. If successful, China will become the world’s undisputed Centrepoint of trade. However, such a triumph will not come easily.
Boris Johnson has now formally accepted the Queen’s invitation to form a government. TFG heard from leaders in trade, treasury, export and finance.
