To date, 12 shipping companies, in addition to numerous corporates, have suspended activities in the Red Sea, instead choosing to reroute their journeys around the Cape of Good Hope in South Africa.
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.
The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, has announced that Export Development Canada (EDC) surpassed its own expectations by providing over $12 billion in support to cleantech businesses in 2023.
Abu Dhabi, UAE – February 27, 2024 – The inaugural TradeTech Forum, hosted by the World Economic Forum (WEF), the UAE Ministry of Economy, and the Abu Dhabi Department of Economic Development (ADDED), will convene a global gathering of leaders and experts to explore the transformative power of trade technologies and pave the way for a more efficient, inclusive, and sustainable global trade environment.
Despite expectations for a slight increase in the trade deficit, it narrowed to $63.2 billion, a decrease from the revised figure of $64.5 billion in October, according to the United States Commerce Department.
The International Finance Corporation (IFC) has today unveiled a green and sustainability-linked loan (SLL) of €300 million to Iberdrola.
MUFG has structured a €1.2 billion financing package to enable institutional capital investors and syndicate lenders to collaboratively contribute a €1.247 billion financing package. This funding will facilitate Turkey’s construction of a new high-speed electric railway in the Ankara region, thus opening up valuable export opportunities for the UK and other nations.
The United Nations Conference on Trade and Development recently published the World Investment Report 2023 stating that foreign direct investment (FDI) flows to Africa reached the level of $45 billion in 2022, demonstrating Africa’s attractiveness as a destination for investment.
Businesses and public authorities across the EU may be facing tougher laws on late payments, with the European Commission proposing a new regulation enforcing maximum 30-day terms.
One year after an EU court ruling on beneficial ownership registers left civil society and journalists in 13 countries encountering obstacles or completely unable to access information regarding companies’ real owners, Transparency International (TI) has published analysis of how different European states have responded by introducing disparate approaches to beneficial ownership access.
