The World Trade Organization (WTO) has announced that it has postponed indefinitely its 12th Ministerial Conference (MC12), citing new COVID-19 travel restrictions. The General Council – the WTO’s highest decision-making… read more →
A new study has found that lowering domestic red tape in services trade could save an annual $150 billion globally. The study, published on Friday by the Organisation for Economic… read more →
Your Monday morning coffee briefing from TFG. Stagflation: Over 80% of US and UK businesses have been hit by increased costs due to inflation. The Bank of England’s (BoE) chief economist backs the case for raising interest rates, and the BoE warns that a CBDC could reduce commercial bank despotis by 20%. The U-shaped recovery – ICISA’s Richard Wulff discusses trade credit insurance and its bounce back from the pandemic. Dr. Joanna Burch-Brown explores the EU taxonomy and the ethics of green finance. And European gas shortages are expected to push up fertiliser costs and food prices.
UK-based fintech Finastra has introduced additional alternative reference rates (ARR) and risk-free rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates, and borrowers to calculate ARR… read more →
Your Monday morning coffee briefing from TFG. The worst of the global supply chain crisis is over, says a new World Trade Organization (WTO) report.
FCI Academy, the education arm of FCI, has launched a new e-learning course on Supply Chain Finance and Reverse Factoring. As the latest addition to FCI Academy’s six online modules,… read more →
UK Export Finance (UKEF) has announced significant changes to its range of products as the UK begins its first ever International Trade Week. As the UK’s export credit agency (ECA),… read more →
The UK government has announced an ambitious new plan to double the value of British exports to £1 trillion per year by 2030. Under the banner of ‘Made in the… read more →
US investment bank BNY Mellon has become the first bank to complete a trade finance deal using the CME’s new Secured Overnight Financing Rate (SOFR). In a trade finance loan… read more →
UK Export Finance (UKEF), the export credit agency of the British government, has issued its largest-ever financing guarantee to help build Turkey’s largest solar power plant. Backed by US-based GE… read more →
