Today, HSBC unveiled a pioneering banking solution in Hong Kong, introducing point-of-sale financing for business-to-business (B2B) transactions. This offering will empower B2B sellers on online platforms to provide extended payment… read more →
After years of dealing with the oppressive clouds of COVID-19, the world has since experienced the bloodiest land war in Europe since World War II, inflation levels unseen since the 1980s, rising interest rates, and large scale political instability across all regions. And now, a looming debt crisis in the US.
The Ukrainian Ministry of Finance has announced the commencement of a milestone as an International Monetary Fund (IMF) mission begins its first review of a substantial $15.6 billion loan program.… read more →
In international trade, shipping containers are vital for transporting goods safely and securely. To use them, however, many shipping lines require traders to put down deposits – known as container deposits – to safeguard against possible liabilities such as damage, demurrage, or total loss of the container.
Economically disadvantaged people have been trafficked into countries as sources of “cheap” labour throughout history. The International Labour Organization estimates more than 50 million people around the world are trapped in some form of modern slavery.
On 16 May, the United Arab Emirates (UAE) became the seventh WTO member to sign the instrument of acceptance for the Agreement on Fisheries Subsidies. UAE Ambassador Ahmed Adbulrahman Al… read more →
Historically, the Middle East and North Africa (MENA) region has always been a cornerstone of the global trade landscape, with its strategic location, abundant resources, and diverse economies. However, the region’s complex geopolitical dynamics, regulatory challenges, and ever-changing markets have posed significant obstacles to trade finance in recent decades.
Trade Finance Global is proud to partner with Dr Robert Besseling, Pangea-Risk and John Miller, Trade Data Monitor to provide an overview of MENA-related political risk and trade data. Providing a succinct overview of MENA politics and trade breakdown is a crucial component of any publication that aims to provide comprehensive coverage of global affairs.
Today, Trade Secretary Kemi Badenoch flew to Switzerland to launch negotiations on a new UK-Switzerland free trade agreement (FTA) to boost trade between the two services superpowers. Switzerland is one… read more →
US semiconductor imports grew 13% in value during the start of 2023, highlighting the country’s lasting reliance on foreign chip needs. Though efforts have been made to shift supply lines… read more →