Surety carriers have a unique opportunity to support the green transition, grow emerging industries, and promote sustainable financing practices. However, challenges must be addressed.

A worldwide shortfall in curbing carbon emissions could result in increased debt-servicing costs for 59 countries over the forthcoming decade, as per a study simulating the economic repercussions of climate… read more →

Any business participating in international commerce normally needs to make payments in foreign currencies to suppliers/sellers overseas for goods and/or services sourced from other countries.

India’s edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals, given uncertainty over supplies from the Black Sea,… read more →

The International Finance Corporation (IFC), the private sector wing of the World Bank, has entered into a contract with Switzerland’s government to initiate the next phase of the Sustainable Cities… read more →

In this episode of Trade Finance Talks, Alex Gray, Head of Trade and Transaction Banking at the London Institute of Banking and Finance (LIBF), and Noémi Klein, former Regional Head of Financial Crime Surveillance Operations at Standard Chartered Bank, share the main topics and insights covered at the LIBF Annual Trade Finance Compliance Conference 2023. Together, they shed light on the multifaceted issues faced by financial institutions and the recent developments in the intricate world of compliance in trade finance.

The eurozone witnessed a return to growth during the second quarter of 2023, recording an expansion that surpassed expectations, having just about dodged a technical recession at the year’s commencement,… read more →

This week, the World Trade Organization (WTO) published the World Trade Statistical Review 2023, providing an in-depth analysis of the global trade landscape in the midst of worldwide turbulence. 

This week, during a visit to Nigeria, British Foreign Minister James Cleverly will unveil a new support package to enhance the climate resilience of Nigeria’s agriculture sector, his office announced… read more →

In this episode of Trade Finance Talks, Mark Abrams, Managing Director, Global Head of Trade & Receivables Finance at Trade Finance Global, spoke with Geoffrey Wynne, Partner and head of Sullivan’s Trade & Export Finance Group, to explore the evolution, significance, and future prospects of MRPAs.