Your Monday morning coffee briefing from TFG. The worst of the global supply chain crisis is over, says a new World Trade Organization (WTO) report. The Digital Container Shipping Association (DCSA) publishes new eDocumentation standards for bills of lading. UK Export Finance (UKEF) issues its largest-ever guarantee for a Turkish solar plant made in Britain, and also reveals plans to boost UK exports to £1 trillion. TFG hears from Fitch Ratings’ Alastair Sewell on money market funds and ESG. And finally, global coffee shortages may lead to higher prices and harsher blends.  

Worst of global supply chain crisis is over, says new WTO report

The global supply chain crisis appears to be subsiding, according to the World Trade Organization’s (WTO) latest World Trade Report. Read more →

DCSA Publishes Standards for the Bill of Lading

The first release of DCSA’s eDocumentation initiative establishes data and process standards for bills of lading preparation and issuance. Read more →

UK Export Finance (UKEF) issues largest-ever guarantee for Turkish solar plant made in Britain

UK Export Finance (UKEF), the export credit agency of the British government, has issued its largest-ever financing guarantee to help build Turkey’s largest solar power plant. Read more →

UK government announces new strategy to boost exports to £1 trillion

The UK government has announced an ambitious new plan – ‘Made in the UK, Sold to the World’ – to help businesses across the UK double exports and sell their products around the globe. Read more →

BNY Mellon becomes first bank to complete trade finance deal using CME’s new Secured Overnight Financing Rate (SOFR)

US investment bank BNY Mellon has become the first bank to complete a trade finance deal using the CME’s new Secured Overnight Financing Rate (SOFR).  Read more →

VIDEO: Fitch’s Alastair Sewell highlights the role of money market funds in the ESG era

With environmental issues now a top priority for the investment world, Alastair Sewell’s undergraduate degree in biology is finally paying off. Read more →

FCI Academy launches new Supply Chain Finance and Reverse Factoring course

FCI Academy, the education arm of FCI, has launched a new e-learning course on Supply Chain Finance and Reverse Factoring. Read more →

Get Used to Expensive Coffee. And It’ll Probably Taste Worse Too — Bloomberg

A global shortage of arabica coffee beans is tempting roasters to swap in the harsher robusta variety. Read more →