Globalisation is not dead, contrary to recent claims. Nowhere is this more evident than in global trade, where high-growth trade corridors in Asia, Africa and the Middle East are set to outpace the global average by up to four percentage points.
To learn more about the latest updates on MLETR adoption in the G7 countries and emerging markets, Trade Finance Global spoke with Luca Castellani, legal officer at the Secretariat of the United Nations Commission on International Trade Law (UNCITRAL)
Financial leaders, corporations, and philanthropists are pooling resources of more than $2 billion to bolster efforts in carbon reduction and climate resilience across Africa, Asia, and Latin America, according to… read more →
In line with robust demand and a more significant drop in US oil inventories than anticipated, oil prices climbed on Friday and are set to register a consecutive weekly increase,… read more →
The U.S. trade deficit in goods narrowed in May as imports declined, but the improvement was probably insufficient to prevent trade from being a drag on economic growth in the… read more →
According to a study released on Wednesday by the US-based Atlantic Council think tank, 130 nations, representing 98% of the global economy, are currently exploring digital variants of their currencies.… read more →
Rishi Sunak, the UK Prime Minister, and Joe Biden, the President of the United States, have pledged their commitment to a collaborative agreement on defence and critical minerals. This strategic… read more →
In a significant development, Taiwan and the United States announced their intention to sign the inaugural agreement under a novel trade talks framework on Thursday. The landmark deal is poised… read more →
According to Reuters, Japan and the United States will issue a joint statement pertaining to technology collaboration, furthering their shared commitment to enhanced cooperation in the realms of advanced chips… read more →
After years of dealing with the oppressive clouds of COVID-19, the world has since experienced the bloodiest land war in Europe since World War II, inflation levels unseen since the 1980s, rising interest rates, and large scale political instability across all regions. And now, a looming debt crisis in the US.