Suez disruption – ‘The straw that breaks the camel’s back’

More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents

Your Monday morning coffee briefing from TFG. In the UK, over 40% of the population have received at least one vaccine dose. This compares to the US (24%), Italy (9%), Spain (9%) and France (9%). The UK government borrowed £19.1bn last month, the highest February borrowing since records began in 1993. Debt rose to £2.13tn, and consumer confidence rose to its highest level since last March.

ICC, TFG and WTO are partnering at the 2021 Global Trade & Blockchain Forum, themed “Accelerating Trade Digitalization through DLT”.

LONDON, March 16, 2021. Trade Finance Global released its spring issue of Trade Finance Talks entitled ‘A pathway towards sustainable trade finance’.

Your Monday morning coffee briefing from TFG. The OECD upgraded its forecasts for global growth this year, mainly due to the sizeable $1.9t stimulus in the US. UK exports to the EU fell by a record 40.7% in January following the end of the post-Brexit transition period.

Cairo, 15 March 2021: – African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP… read more →

Brussels, 15/03/2021 – The SME Business Climate Index presented today shows a partial recovery of 5.2% up to 59.8% after the negative record of 54.6% registered in autumn 2020. Although… read more →

New funding marketplace – ICC TRADECOMM – will provide micro-SMEs and SMEs with greater access to short-term capital Initiative will unlock $1.5 trillion dollar trade finance gap The International Chamber… read more →

SWIFT announces today that its KYC Registry will become the first global utility to integrate the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, making it easier for financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.