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Conflict with Russia has created a multitude of substantial repercussions for economies around the world, not least an ongoing disruption within the global energy market.
In addition to the joint sanctions placed on Moscow by the UK and other NATO countries in February, Office for National Statistics (ONS) figures have confirmed that UK private energy firms no longer import any oil or gas from Russia.
In the latest of its ongoing series of technical advisory briefings released on 27 June 2022, the International Chamber of Commerce (ICC) Banking Commission addressed the subject of ‘Reducing Discrepancy Rates under Documentary Credits’ (TAB-3).
An agreement has been reached by Denmark, the US, and 12 other countries on delivering a net-zero global maritime industry by 2050. Led by Denmark, the ‘Declaration on Zero Emission… read more →
Euler Hermes’ newest research found that 15% of the UK’s SMEs are at risk of insolvency in the next four years. Additionally, the research also highlights the impact and success… read more →
Paris, February 9, 2021 – In its County & Sector Risk Handbook, Coface, a leader in credit insurance has predicted an uneven recovery across countries, sectors of activity, and income… read more →