Its central persona, of a girl who “feels like herself but maybe also has a breakdown, but […] parties through it”, has reinvigorated the US presidential race (and found its… read more →
Fitch Ratings has upgraded Turkiye’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’, citing improved external buffers and reduced contingent foreign exchange (FX) liabilities. The outlook is stable.
The Middle Eastern bank Emirates NBD has partnered with Enigio, the technology provider responsible for the trace:original platform
The banks Citi and ING Germany have been working alongside export credit agencies Korea Trade Insurance Corporation (K-SURE) and Swiss Export Risk Insurance (SERV). In collaboration, they have successfully closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power).
As of June 2024, Houthi attacks in the Red Sea and Western Indian Ocean have escalated, with over 150 reported incidents since November 2023. These attacks have targeted both commercial and naval vessels, disrupting maritime traffic and global trade routes.
At FCI’s 56th Annual Meeting in Seoul, a panel of experts discussed the intricate relationship between credit insurance and factoring. In this article we explore a case study representing this cooperation: Germany.
According to recent data from the State Administration of Foreign Exchange, the renminbi’s use in China’s cross-border transactions has hit an all-time high. In July 2024, 53% of China’s inbound and outbound transactions were conducted using the renminbi, surpassing the US dollar in China’s international receipts.
Trade Finance Global (TFG) and FCI are thrilled to launch its latest whitepaper. At FCI’s 56th Annual Meeting in Seoul, a panel of experts discussed the intricate relationship between credit insurance and factoring.
Recent leadership changes or upcoming elections in Nigeria, Ghana, and South Africa will impact economic and trade policy. This could be a tipping point for these countries, either strengthening their trade position or creating new challenges.
Often described as the lifeblood of international commerce, a bank can only refuse payment under an LC if the documents are non-compliant or if the seller who seeks presentation, has… read more →
