Your Monday morning coffee briefing from TFG:
China hits record trade surplus in July
Reducing non-tariff barriers critical for combating inflation, Allianz Trade finds
Standard Chartered and ADM launch $500mn sustainable export letter of credit programme
‘Heatflation’ warning as 2022 EU crop harvests affected by climate change
Fork in the road: A look back at the strategic rationale behind China’s Belt and Road Initiative
World of Open Account (WOA) cofounders on the changing face of receivables finance
Getting it right: Malaysia’s highest court restores trial court decision in UCP 600 case
ICC briefing addresses the topic of reducing discrepancy rates
China hits record trade surplus in July
China’s trade surplus rose to a record high of $101.26 billion in July, the first time in history that the indicator has risen above the $100 billion mark. Read more →
Reducing non-tariff barriers critical for combating inflation, Allianz Trade finds
New research from Allianz Trade shows that reducing non-tariff barriers to trade could lower inflation by 4.5 percentage points (pp) in the EU and by 2pp in the US. Read more →
Standard Chartered and ADM launch $500mn sustainable export letter of credit programme
Standard Chartered and ADM announced the launch of the bank’s first green trade export letter of credit (LC) programme in Singapore, London, and New York. Read more →
‘Heatflation’ warning as 2022 EU crop harvests affected by climate change
Fears continue to grow over a potential global food security crisis as European farmers struggle to save their crops from extreme weather events. Read more →
Fork in the road: A look back at the strategic rationale behind China’s Belt and Road Initiative
Many headlines in recent weeks highlight the mounting debt and declining activity that China’s Belt and Road Initiative is now facing. Read more →
World of Open Account (WOA) cofounders on the changing face of receivables finance
TFG’s Annie Kovacevic sat down with World of Open Account (WOA) cofounders John Brehcist and Erik Timmermans. Read more →
Getting it right: Malaysia’s highest court restores trial court decision in UCP 600 case
Maybank has successfully obtained leave from the Federal Court of Malaysia Putrajaya to file an appeal against the decision made in the Court of Appeal Malaysia. Read more →
ICC briefing addresses the topic of reducing discrepancy rates
In its technical advisory briefings released in June, the ICC Banking Commission addressed the subject of ‘Reducing Discrepancy Rates under Documentary Credits’ Read more →
