On Tuesday, an alliance of nations announced that its members would contribute $12 billion to safeguard coral reefs from dangers like pollution and overfishing.  However, experts cautioned that this sum… read more →

During her third visit to Kyiv amidst the ongoing conflict, Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), informed President Volodymyr Zelenskyy, his cabinet, and… read more →

The World Bank has kept its 2023 economic growth projection for China steady at 5.1%, consistent with its April forecast. However, it has revised its 2024 outlook to 4.4% from… read more →

As the Conservative and Labour Party Conferences are about to commence, new analysis underscores the urgent requirement for enhanced backing to assist UK businesses in manoeuvring through a crucial 15-month… read more →

The German branch of the International Chamber of Commerce, ICC Germany, in collaboration with financial technology firm MonetaGo, has released a report stating that digitalisation is key to combating global… read more →

Lloyds Bank published its “Trade Insights: The changing face of UK trade” report, offering a comprehensive analysis of the evolving landscape of UK trade.  The report highlights the transformative changes… read more →

Last month, the euro zone saw an unprecedented reduction in circulating money as banks cut back on lending and savers stashed away their funds. These developments are direct outcomes of… read more →

A study by the Rockefeller Foundation has indicated that revising the World Bank’s risk management strategy could free up nearly $190 billion in much-needed loans for developing countries, without affecting… read more →

Both CargoX and Enigio, who operate as independent providers of electronic trade document solutions, have jointly engineered and successfully demonstrated the ability to exchange original electronic trade documents. The document… read more →

Allianz Trade, a global trade credit insurer, has joined the Trade Finance Distribution Initiative (TFD Initiative). The TFD Initiative is establishing trade finance as an investable asset class for capital… read more →

South Korea is set to permit offshore companies to apply for trading rights in its local currency market starting next month. This move is part of the country’s ongoing efforts… read more →

A recent report by McKinsey & Company on the global payments industry reveals significant growth and optimistic future prospects. The 2023 McKinsey Global Payments Report provides an analysis of the… read more →

The United States Federal Open Market Committee unanimously agreed to maintain the current interest rates, concluding their latest monetary policy meeting today. This decision was fully in line with market… read more →

Finastra today announced a multi-year global agreement with Microsoft focused on trade platform modernisation, building on the existing availability of Finastra Trade Innovation in the cloud. Delivering the full functionality of… read more →

London – 20th September 2023 – CBI is an Italian company that develops digital services – including open banking and open finance services – for the financial industry and the… read more →