Euler Hermes, the world’s leading trade credit insurer, states the UK is set for a significant rise in business failures as companies readjust to the removal of government COVID-19 pandemic support measures.
Divides and discrimination within countries along the lines of race, ethnicity, gender and Indigenous identity have resulted in longstanding social, economic and political challenges.
This article posits that human rights due diligence is the most practical approach to addressing climate change concerns and achieving other sustainable development goals.
Eighteen months into the COVID-19 pandemic and shipping bottlenecks are challenging companies to meet demand. The global outlook is uncertain, however, that does not mean doom and gloom, making way for a new thought process.
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.
The impact of the March 2021 incident of the container ship M.V. Ever Given with around 18,300 containers onboard running aground in the Suez Canal has generated international attention and its consequences will continue to unravel for years to come.
Your morning coffee briefing from TFG. COVID-19 vaccine transporter Reftrade secures major export win, lockdown-easing helps SMEs recover despite rising insolvencies, emerging economies cannot afford ‘taper tantrum’ repeat, says IMF’s Gopinath, business confidence in UK at four-year high but staff shortages a concern and UK launches £450m fund for energy network innovation.
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?
Your morning coffee briefing from TFG. Goods Barometer hits record high, confirming strength of trade recovery, UKEF backs first ever £430 million green transition loan, new World Economic Forum survey shows a mix of polarisation about the benefits of globalisation, global economic data disappointments add to rising growth angst, United States gives USD 600,000 to boost negotiating capacities in developing countries, Contour announces partnership with GSBN to drive digitisation in the global shipping industry and the UK rejects industry plea for visas for EU truck drivers.