Your morning coffee briefing from TFG. Korea contributes CHF 290,000 to help developing countries participate in global trade, commodity dependence increased over the last decade, supply chains crisis will leave lasting change on globalisation, food price inflation increases pressure on poorer countries and Brexit trade barriers added £600m in costs to UK importers this year.
Your morning coffee briefing from TFG. Exports of intermediate goods sustain gains in Q1 of 2021 after rebound from pandemic, job slow down could lead the Federal Reserve to continue with stimulus, inflation could spark new financial crisis, China says US tensions threaten fight against climate change and UK labour crisis could last up to two years, CBI warns.
From multi-nationals to micro-enterprises, how EDC is helping Canadian businesses meet the sustainability expectations of their consumers
Over the past few years, Italy’s economy has gone through a recessionary period. A recession is defined as two negative quarters of contraction and is a sharp slow-down in the rate of economic growth. In the final quarter of 2018, Italy’s economy shrank by 0.2% and is the third time the country’s growth has fallen into recession over the last decade.
EORI numbers – or economic operator indicator numbers – are essential for exporters. Based off a company’s VAT number, an exporter needs an EORI in order to complete a Customs Declaration. Till now, UK businesses have not needed to complete such documentation in order to sell into Europe, but this will change with Brexit.
Exports continue to see boosted profits and growth, as a result of the weaker pound post Brexit. Coffee machine manufacturer, Fracino has seen a surge in sales due to it’s… read more →
Trade and export finance are sometimes used interchangeably. However, it is important to explain the distinction and how the terms are used. Trade finance is a term universally… read more →
GBP/EUR approached a two year low this morning with today’s rates not matched since June 2014. The Pound may have suffered from a dip in investor confidence relating to the… read more →