Fresh Federation of Small Businesses (FSB) research shows those selling into the bloc suffering more as a result of new paperwork than importers. The vast majority of those doing business… read more →
Your Monday morning coffee briefing from TFG. A container ship ran aground, blocking the Suez Canal which carries about 12% of global maritime trade. The blockage may take some time to clear, further disrupting global shipping, already beset by high freight costs and delays caused by the pandemic.
Suez disruption – ‘The straw that breaks the camel’s back’
More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents
Your Monday morning coffee briefing from TFG. In the UK, over 40% of the population have received at least one vaccine dose. This compares to the US (24%), Italy (9%), Spain (9%) and France (9%). The UK government borrowed £19.1bn last month, the highest February borrowing since records began in 1993. Debt rose to £2.13tn, and consumer confidence rose to its highest level since last March.
ICC, TFG and WTO are partnering at the 2021 Global Trade & Blockchain Forum, themed “Accelerating Trade Digitalization through DLT”.
LONDON, March 16, 2021. Trade Finance Global released its spring issue of Trade Finance Talks entitled ‘A pathway towards sustainable trade finance’.
Your Monday morning coffee briefing from TFG. The OECD upgraded its forecasts for global growth this year, mainly due to the sizeable $1.9t stimulus in the US. UK exports to the EU fell by a record 40.7% in January following the end of the post-Brexit transition period.
Cairo, 15 March 2021: – African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP… read more →
Brussels, 15/03/2021 – The SME Business Climate Index presented today shows a partial recovery of 5.2% up to 59.8% after the negative record of 54.6% registered in autumn 2020. Although… read more →