The last couple of years have been rough for the economy as a whole and payments in particular. But recovery started building in 2023 and is expected to continue into 2024 — helped by a healthy dose of new technology.
What is the outlook for commodity trading in 2024? Marsh’s Aaron Bailey and Christopher Coppock provide their views.
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.
2024 is set to bring about significant changes in finance and banking. Driven by a convergence of cutting-edge technologies, the industry-wide transition to ISO 20022, the rise of digital currencies, and innovative AI-powered solutions, the year holds promise for considerable advancements and enhanced alignment between fintech and traditional financial institutions.
In October 2023, Apple announced all its products will be ‘100% carbon-neutral by 2030’. This objective, in line with the company’s commitment, emerged following the establishment of partnerships with suppliers for ‘green aluminium’.
Global economic prospects remain tempered and are surrounded by uncertainty, as highlighted in the newest Chief Economists Outlook released today during the start of Davos.
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.
BAFT, the leading global financial services association for international transaction banking, has published a new white paper titled “ISO 20022 Migration: Lessons Learned”.
While it comes with many business benefits, engaging in trade with nations around the world can be a complex process. As a result, it may be tempting to pay your invoices in GBP which, at face value, may seem like a simpler and more beneficial option – but this often isn’t the case.
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.