The increasing frequency, intensity, and unpredictability of climate crises have significant implications for the sustainability of sovereign debt due to the impacts on debtors’ repayment abilities.
The German branch of the International Chamber of Commerce, ICC Germany, in collaboration with financial technology firm MonetaGo, has released a report stating that digitalisation is key to combating global… read more →
Lloyds Bank published its “Trade Insights: The changing face of UK trade” report, offering a comprehensive analysis of the evolving landscape of UK trade. The report highlights the transformative changes… read more →
A study by the Rockefeller Foundation has indicated that revising the World Bank’s risk management strategy could free up nearly $190 billion in much-needed loans for developing countries, without affecting… read more →
Both CargoX and Enigio, who operate as independent providers of electronic trade document solutions, have jointly engineered and successfully demonstrated the ability to exchange original electronic trade documents. The document… read more →
For centuries, trade documentation has been a time-intensive and resource-demanding process, involving a multitude of stakeholders and a deluge of paperwork. Central to this process is the bill of lading, the most critical document in international trade.
South Korea is set to permit offshore companies to apply for trading rights in its local currency market starting next month. This move is part of the country’s ongoing efforts… read more →
A recent report by McKinsey & Company on the global payments industry reveals significant growth and optimistic future prospects. The 2023 McKinsey Global Payments Report provides an analysis of the… read more →
As our world becomes increasingly digital, the digital divide has widespread implications, and the least developed countries (LDCs) are most likely to be negatively affected.
Lloyds Bank has completed what it believes to be the first transaction under the UK’s new Electronic Trade Documents Act (ETDA) which came into force today [20 September 2023].
