TFG Weekly Trade Briefing, 14th March 2022

TFG Weekly Trade Briefing

Your Monday coffee briefing from TFG:

Black diamond rises: Demand for coal heading to new all-time high despite net zero targets

Surecomp adds legal entity identification capability to all its cloud-based solutions by partnering with GLEIF

Central Bank of Egypt orders banks to quit documentary collections and replace with letters of credit

Payments prison break: Russian banks turn to China’s UnionPay in lieu of Visa, Mastercard, AmEx

Cameroon secures £113m UKEF trade backing for major roadworks

Oil rallies, gas surges, nickel explodes: How sanctions and Russian aggression are terrorising commodities markets

Share your #BreakTheBias recipe, as Marilyn Blattner-Hoyle dishes up hers on International Women’s Day 2022

PODCAST: ‘Open by default’ – Finastra’s Iain MacLennan on fintech partnerships, digitalisation, and helping SMEs triumph in an uncertain macro world

Black diamond rises: Demand for coal heading to new all-time high despite net zero targets

Global demand for coal is set to reach a record high in the next two years. Read more →

Central Bank of Egypt orders banks to quit documentary collections and replace with letters of credit

From this month, the Central Bank of Egypt has announced that Egyptian banks will no longer accept documentary collections to finance imports. Read more →

Payments prison break: Russian banks turn to China’s UnionPay in lieu of Visa, Mastercard, AmEx

With Visa and Mastercard leaving Russia due to its aggression in Ukraine, Russia has turned to China’s UnionPay as a payments lifeline. Read more →

Cameroon secures £113m UKEF trade backing for major roadworks

The UK has signed a new trade finance deal with Cameroon that will help support the building of major roadworks in the African country. Read more →

Oil rallies, gas surges, nickel explodes: How sanctions and Russian aggression are terrorising commodities markets

The Russian invasion of Ukraine has sparked a massive increase in prices throughout the commodities markets. Read more →

Share your #BreakTheBias recipe, as Marilyn Blattner-Hoyle dishes up hers on International Women’s Day 2022

On International Women’s Day, this year we rallied to #BreakTheBias, with Marilyn Blattner-Hoyle. Read more →

PODCAST: ‘Open by default’ – Finastra’s Iain MacLennan on fintech partnerships, digitalisation, and helping SMEs triumph in an uncertain macro world

TFG’s Deepesh Patel spoke with Finastra’s Iain MacLennan on fintech partnerships, digitalisation, and helping SMEs emerge from the COVID-19 pandemic. Read more →

By Elcyn Domingo

Elcyn Domingo is responsible for the TFG Weekly Trade Briefings at Trade Finance Global. She holds a Bachelor of Science degree in Information and Technology and is passionate about how SMEs can use new technologies to overcome challenges for business growth, with regard to both digital and sustainable models for trade.

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