The US and its Western allies have ramped up harsh economic sanctions against Russia, as it continues to attack Ukraine
After record-high gas prices and extreme price volatility in Q4 2021, European policymakers are now warming to the idea of a procurement rethink
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.
Baris Kalay, head of trade and supply chain finance for Europe, Middle East, and Africa (EMEA) at Bank of America, caught up with TFG’s Deepesh Patel at ITFA’s Annual Conference held in Bristol, England.
The Department for International Trade has recently published its Global Trade Outlook report. TFG summarised of the key points from the report, outlining what could be in store for global trade between now and 2050.
From January to March 2021, trade between Moscow and EU member countries rose to USD 27.46 billion, representing a 2% year-on-year increase. Moscow accounts for half of the volume of… read more →
Saint Petersburg, Russia, June 4, 2021. Ferkensco Management Limited LLC (“Ferkensco”) has signed two bilateral cooperation agreements with Gazprombank to finance the construction of: The agreements establish a framework for potential… read more →
Saint Petersburg, Russia, June 4, 2021. Jizzakh Petroleum JV LLC signed a four-sided Memorandum of Understanding (MOU) with Russia’s Gazprombank (Joint Stock Company), State Development Corporation VEB.RF, and the Russian… read more →
This article argues that the EU falls short of maintaining ‘mutual solidarity’ and that the stark economic differences between many EU nations leads to conflicting energy policies with Russia.
Heavy burden is left upon UK government and private sectors as they comply with WTO rules in anti-dumping cases to impose duties on foreign exporters that are undercutting UK manufacturers.
Russia faces continued turbulence and unrest, yet being the largest country in the world by territory, holding the 4th largest FX reserves in the world, we wanted to get under the skin of what running a trade finance business is like in Russia.
What are the reasons for the rise in oil prices in Saudi Arabia? Supply and demand: Oil is a globally traded commodity. Its prices are determined partly by the current… read more →