The financial belt is tightening around China’s Belt and Road Initiative (BRI).
Many headlines in recent weeks highlight the mounting debt and declining activity that the “project of the century” is now facing.
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. A trade… read more →
Fears continue to grow over a potential global food security crisis as European farmers struggle to save their crops from extreme weather events.
Further to the decision made in the Court of Appeal Malaysia (appellate jurisdiction) between Punjab National Bank (PNB) and Malayan Banking Berhad (Maybank), 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
Many business owners and entrepreneurs look to the future with optimism when it comes to expansion opportunities. However, while a successful business model might be making waves in a domestic… read more →
The World Bank has approved the second phase of West Africa’s regional Food Systems Resilience Program (FSRP-2), earmarking $315 million in financing to increase the robustness of food systems in… read more →
China has announced a series of trade restrictions against Taiwan in response to United States House Speaker Nancy Pelosi’s visit to the island on Tuesday. China will no longer allow… read more →
Saudia Arabia, the world’s second-largest oil producer behind the USA, made headlines this week as reports surfaced that its economy had expanded by 11.8% in the second quarter of 2022, a massive pace largely fueled by high oil prices.
Africa is a dynamic and exciting market of opportunities waiting to be unlocked. Innovation, entrepreneurial mindedness, and the willingness to embrace change for the good of all make this continent and its people as unique as its emerging payments story.
The first ship carrying grain has left a Ukrainian port under a landmark deal with Russia. Turkish and Ukrainian officials say the ship left the southern port of Odesa early… read more →
Just as the UK was experiencing record temperatures and a summer heatwave, the annual rate of inflation accelerated to a fresh forty-year high.
The European Bank for Reconstruction and Development (EBRD) has invested €20 million into a 7-year €230 million green bond issued by Lamda Development S.A., a leading Greek real estate developer… read more →
The latest issue of TFG’s Trade Finance Talks, ‘SME trade finance: flying under the radar’ is out now!
Using freight rate data from the Freightos Baltic Index, the AI-powered ocean freight visibility solution provider Windward seeks to better understand the impact of current trends on the China-US flow of goods, port congestion in both countries, ocean freight prices, and what is driving these changes.