The global leader in cloud payments and financial messaging, Volante Technologies, announces partnership with MDSL to enhance banking payments in Egypt.
Euler Hermes, the world’s leading trade credit insurer, states the UK is set for a significant rise in business failures as companies readjust to the removal of government COVID-19 pandemic support measures.
Your morning coffee briefing from TFG. Inflation concerns intensify as cost of energy soars, Boris Johnson reluctant to issue more visas to foreign workers, accelerated energy transition dependent on financial markets, CEOs and world leaders call on governments to reform trade and ADB supports Sanoat Qurilish Bank’s fast-growing base of SMEs with $16.6m credit agreement.
Your morning coffee briefing from TFG. The world’s biggest companies felt the greatest impact of corruption and illicit activity in 2020, 15% of UK SMEs are at risk of insolvency in the coming four years, UNCTAD issues amber warning on building back better after the pandemic, Boris Johnson announces new £31 million green finance deal in the UAE and MonetaGo partners with SWIFT to create first-ever global solution to duplicate financing fraud.
Your morning coffee briefing from TFG. Korea contributes CHF 290,000 to help developing countries participate in global trade, commodity dependence increased over the last decade, supply chains crisis will leave lasting change on globalisation, food price inflation increases pressure on poorer countries and Brexit trade barriers added £600m in costs to UK importers this year.
Your morning coffee briefing from TFG. Exports of intermediate goods sustain gains in Q1 of 2021 after rebound from pandemic, job slow down could lead the Federal Reserve to continue with stimulus, inflation could spark new financial crisis, China says US tensions threaten fight against climate change and UK labour crisis could last up to two years, CBI warns.
Your morning coffee briefing from TFG. COVID-19 vaccine transporter Reftrade secures major export win, lockdown-easing helps SMEs recover despite rising insolvencies, emerging economies cannot afford ‘taper tantrum’ repeat, says IMF’s Gopinath, business confidence in UK at four-year high but staff shortages a concern and UK launches £450m fund for energy network innovation.
Your morning coffee briefing from TFG. Goods Barometer hits record high, confirming strength of trade recovery, UKEF backs first ever £430 million green transition loan, new World Economic Forum survey shows a mix of polarisation about the benefits of globalisation, global economic data disappointments add to rising growth angst, United States gives USD 600,000 to boost negotiating capacities in developing countries, Contour announces partnership with GSBN to drive digitisation in the global shipping industry and the UK rejects industry plea for visas for EU truck drivers.
Trade Finance Global is pleased to announce it will be a media partner for the Agri-D Convention 2021 taking place on the 12th of November 2021.
Your morning coffee briefing from TFG. Japan’s economy starts to show signs of growth after being slow to bounce back from the Covid-19 pandemic, shipping bottlenecks set to prolong supply chain turmoil, economies in Latin America and the Caribbean are urged to boost resilience in the face of commodity price hikes, HSBC is the first bank to join Walmart’s inclusive financing initiative and the UK signs historic partnership with CABEI.
Trade Finance Global announces partnership with the Global Trade Professionals Alliance (GTPA) for their Adaptive Trade Leadership program.
Trade Finance Global announces partnering with SCHUMANN for its Digital Credit Risk Management Conference taking place on the 30th of September of 2021.
Trade between Moscow and the EU increases by 2% year-on-year, CDC provides USD 50 million trade finance facility to bring liquidity to trade finance in Africa, FMC creates a program to review detention and demurrage practices, UKEF backs major offshore wind farms and ARRC formally recommends Term SOFR.
Robin Abrams, Director at Trade Finance Global (TFG) – the leading trade finance platform – has been appointed to the newly established Expert Panel for the Financial Ombudsman Service (FOS).
Your morning coffee briefing from TFG. Director-General Okonjo-Iweala highlights the crucial role of trade in combating the effects of the Covid-19 pandemic and reviving the progress towards the Sustainable Development Goals, Brussels delays digital levy plan to increase support for global corporate tax reform, the spread of the Delta variant threatens Europe’s economic rebound and UK advertising watchdog to crack down on misleading crypto marketing to project consumers