A.P. Moller-Maersk, a shipping conglomerate, issued a warning on Friday that the worldwide demand for ocean freight containers might see a sharper fall this year, owing to restrained economic expansion… read more →

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 →

Late Tuesday afternoon, Fitch downgraded the United States’ credit rating from AAA to AA+, to the surprise of many experts. This downgrading is the latest domino to fall in what has been a drama filled 2023 for the United States and its divided government. 

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 →

The Indian rupee depreciated on Monday and appeared set to register a monthly decline due to a central bank that seems reluctant to allow the currency to strengthen significantly. As… 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.

The Export-Import Bank of India is set to augment its investments within a line of credit program endorsed by the government, aimed at funding Indian businesses seeking to tap into… read more →