Saudia Arabia, the world’s second-largest oil producer behind the USA, made headlines this week as reports surfaced that its economy had expanded by 11.8% in the second quarter of 2022, a massive pace largely fueled by high oil prices.
TFG has partnered with Trade4MSMEs in a bid to provide micro-, small-, and medium-sized enterprises (MSMEs) with relevant resources to aid in the growth of their businesses.
TFG spoke to UCP 600 expert David Meynell, senior technical advisor for the ICC Banking Commission and digital rules advisor to the Centre for Digital Trade and Innovation, to discuss the evolution of the UCP 600 and supplementing rules for documentary credits.
Your Monday coffee briefing from TFG: New from Trade Finance Talks – SME trade finance: flying under the radar
The first ship carrying grain has left a Ukrainian port under a landmark deal with Russia. Turkish and Ukrainian officials say the ship left the southern port of Odesa early… read more →
Just as the UK was experiencing record temperatures and a summer heatwave, the annual rate of inflation accelerated to a fresh forty-year high.
The latest issue of TFG’s Trade Finance Talks, ‘SME trade finance: flying under the radar’ is out now!
Artificial intelligence. The metaverse. What do these tools have in common for supply chains? These are the technological building blocks for the future of the global supply chain – a fully digitised, connected, self-orchestrated ecosystem where even consumers hold decision-making power.
Cross-border payments are at the core of international finance and economic activity and it have undergone dramatic changes over the past fifty years.
As global central banks hike rates to rein in inflation, and businesses battle with sourcing goods through choked supply chains exacerbated by the war in Ukraine and Chinese lockdowns, Africa finds itself with a growing problem–accessing US dollar liquidity.
