The EBRD analysis shows that tariff increases implemented by the US through mid-April 2025 have dramatically raised average effective tariffs faced by exporters in EBRD regions from 1.8% in 2024… read more →
This could transform economic interactions for small and medium-sized enterprises (SMEs) operating within the African Continental Free Trade Area (AfCFTA). Under the new directive, effective immediately, individuals can now conduct… read more →
The series of transactions, handled by Lloyds Bank in the UK under its Digital Documentary Collections product offering, marked the first instance where shipping giant Maersk issued its documentation using… read more →
Both sides will reduce tariffs by 115%. As it stands, China’s tariffs on US imports reach 125%, while the US’ charge on Chinese goods is 145%. As such, rates will… read more →
The discussion did not result in a concrete deal, but highlighted its eventual nature. The agreement will focus on the agriculture, technology, and manufacturing industries, cutting tariffs from 27.5% to… read more →
The plan, which will be presented to the Danish Parliament in October of this year, will establish a state-backed insurance plan that will protect the country’s shipping industry from geopolitical… read more →
India, the world’s fifth-largest economy, seeks to expand bilateral trade with the UK, the world’s sixth-largest, by a further $34 billion by 2040. The agreement, announced yesterday by Business and… read more →
Both India and Bangladesh face exceedingly high tariffs from the US – 27% and 37%, respectively – which led some to hope the South Asian giants would band together and… read more →
The agreement, signed by US Treasury Secretary Scott Bessent and Ukraine’s Minister of Economy Yulia Svyrydenko, provides for a “reconstruction investment fund” that will invest in the extraction of Ukraine’s… read more →
While most areas regained power late on Monday night, the blackout laid bare the vulnerability of payments systems. Many banks in Spain halted access to point-of-sale terminals, leaving shops and… read more →
