Economically disadvantaged people have been trafficked into countries as sources of “cheap” labour throughout history. The International Labour Organization estimates more than 50 million people around the world are trapped in some form of modern slavery.
US semiconductor imports grew 13% in value during the start of 2023, highlighting the country’s lasting reliance on foreign chip needs. Though efforts have been made to shift supply lines… read more →
The COVID-19 pandemic caused global central banks to take emergency action to support the world’s economies; one such measure was the rapid cut in interest rates to record lows.
The United States Dollar has been the de facto global currency for the better part of the past century. While rhetoric questioning its longevity in this role has been around for decades, the past year has seen more leaders of rapidly emerging economies beginning to question why it still needs to be this way.
British trade minister Nigel Huddleston signed a trade deal with the U.S. state of Oklahoma while in Washington. The British embassy noted that while on the trip, Huddleston hailed another… read more →
On Wednesday, the United States announced that it ratified a deal to cut subsidies contributing to overfishing, becoming the first large fishing nation to do so. United States Trade Representative… read more →
The Port of Los Angeles has entered into separate Memorandum of Understandings (MOUs) with the Port of Tokyo and the Port of Yokohama – to formally collaborate on sustainability and… read more →
To kick off Trade Finance Global’s Women in Trade, Treasury & Payments roundtable event and dinner, President and Chair of US EXIM Bank, Reta Jo Lewis gave a keynote address to the audience.
Trade Finance Global (TFG) is happy to champion International Women’s Day 2023, highlighting the stories and success of women across the trade, treasury and payments (TTP) industry and beyond.
The Air India-Boeing deal will create up to one million jobs across 44 states in the US. The deal will further deepen US-India bilateral trade ties, President Joe Biden has… read more →
India and the United States have established a new working group to build sustainable supply chains and boost bilateral trade, the governments said in a joint statement on Thursday. The… read more →
Iain MacLennan, VP of product management and trade at Finastra, and Patrik Zekkar, CEO of Enigio, Patrick DeVilbiss, head of product at CGI and Alisa DiCaprio, chief economist at R3, provided us with their predictions for the trade technology landscape in 2023.
TFG asked Francoise Huang, senior economist for Asia Pacific and Trade at Allianz Trade, John Miller, chief economic analyst at Trade Data Monitor, and Richard Wulff, executive director at ICISA, to give their thoughts on the 2023 trade environment.
This article was originally published on December 19 2022 by Watson Farley & Williams LLP. TFG would like to thank Kimarie Cheang and Chengxi Tan for their contribution.
United States Trade Representative Katherine Tai has spoken of the significance of Africa’s integration into global supply chains after the signing of a Memorandum of Understanding (MoU). During the US-Africa… read more →