Estonia, Latvia, and Lithuania have successfully transitioned from the Russian-controlled IPS/UPS system to a European grid infrastructure, marking a €1.6 billion investment in energy sovereignty. The inaugural BBCM auction on… read more →

The annual Trade Register from the International Chamber of Commerce (ICC) in collaboration with Boston Consulting Group (BCG) and Global Credit Data (GCD) has been released, analysing the landscape for… read more →

It’s hard to ignore the continued growth and influence coming out of Asia for trade. Asia’s trade growth continues to surge, with the Asian Development Bank (ADB) forecasting 5% growth in 2024, driven by strong domestic demand and recovering exports. Regional integration and modern trade agreements are enhancing resilience in key sectors like food and technology. Asia also benefits from rising demand for tech exports, particularly semiconductors, driven by AI. However, risks such as geopolitical tensions and protectionism remain.

To discuss S&P Global Market Intelligence’s whitepaper, “Are transshipment hubs facilitating the movement of Western-made components to Russia?” Trade Finance Global’s Deepesh Patel spoke with Ravi Amin, Trade Compliance Subject Matter Expert, at S&P Global Market Intelligence.

Trade Finance Global (TFG) and S&P Global Market Intelligence are jointly hosting a webinar “Navigating sanctions: The role of transshipment hubs in Western-made components to Russia” on Tuesday, 2 July, 12:00 BST.

The package bans the re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of prohibiting imports

During the June 2023 Ukraine Reconstruction Conference hosted in London, over 400 global companies pledged support for rebuilding the country. 

The European Union is on track to introduce tariffs on grain imports from Russia and Belarus as a measure to support its farmers and address the concerns of certain member states, according to officials with knowledge of the discussions who spoke on Tuesday.

In October, the eurozone shifted from a trade deficit to a surplus, according to the latest non-adjusted figures released on Friday. This change was largely due to a decrease in the value of energy imports compared to the previous year.

The European Bank for Reconstruction and Development (EBRD) has recently unveiled its latest Regional Economic Prospects report. The report provides a comprehensive overview of economic trends across various regions for the year 2023, revealing a diverging pattern of growth.