A group of central and commercial banks has successfully tested the integration of wholesale central bank digital currencies (CBDCs)
Green transition under pressure – Eurozone inflation hits record high of 5% due to soaring energy prices
Eurozone inflation hit a record high in December 2021, as soaring energy prices continue to put pressure on consumers, highlighting the risks of the green energy transition.
Your Monday morning coffee briefing from TFG. The UK’s post-pandemic recovery is weakening as inflation worries hit record highs, according to a new British Chambers of Commerce (BCC) survey.
A new survey has found that the UK’s post-pandemic recovery is losing momentum, as inflation worries spread and business sentiment turns negative.
The UK’s trade deficit with China has more than tripled after a year of lockdowns during the COVID-19 pandemic.
As the clocks struck midnight, we looked back at over 700 articles, handpicking our favourite stories that made the headlines in 2021
Your Monday morning coffee briefing from TFG: The UK has signed its first from-scratch free trade deal of the post-Brexit era with Australia.
CASE STUDY: Swiss export credit agency, SERV, co-insures €130m of €1.5bn Turkish infrastructure project
SERV, the export credit agency of the Swiss government, has successfully co-insured part of a major Turkish infrastructure project worth €1.5 billion.
In this article, Viviane Gnuan-Stehli, communications manager at SERV, explains how the co-insurance deal, worth €130 million, was delivered.
The Bank of England (BoE) has raised its benchmark interest rate from 0.1% to 0.25%, in its first rate hike since August 2018.
The UK’s consumer prices index (CPI) rose to 5.1% last month, hitting its highest level in a decade.
Tax, climate, CBDCs – Rishi Sunak praises global financial cooperation as UK’s G7 presidency comes to an end
British Chancellor Rishi Sunak has praised the level of financial cooperation that the G7 achieved under the UK presidency, which is coming to an end this year.
Over the weekend, China celebrated the 20th anniversary of its accession to the World Trade Organization (WTO).
Your Monday morning coffee briefing from TFG.
Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year.
Your Monday morning coffee briefing from TFG. Stagflation: Over 80% of US and UK businesses have been hit by increased costs due to inflation. The Bank of England’s (BoE) chief economist backs the case for raising interest rates, and the BoE warns that a CBDC could reduce commercial bank despotis by 20%. The U-shaped recovery – ICISA’s Richard Wulff discusses trade credit insurance and its bounce back from the pandemic. Dr. Joanna Burch-Brown explores the EU taxonomy and the ethics of green finance. And European gas shortages are expected to push up fertiliser costs and food prices.