Coronavirus

Allianz Trade has launched its most recent Global Insolvency Report, providing new forecasts for the years 2023 and 2024.  According to the trade credit insurer, following a modest recovery in… read more →

US manufacturing experienced a further decline in June, reaching levels not seen since the initial wave of the COVID-19 pandemic. However, there is a positive aspect as price pressures at… read more →

UNCTAD will host the third UN Trade Forum on 8 and 9 May 2023 to identify trade policies that can help countries grow their economies while tackling pressing global challenges… read more →

The implementation of the African Continental Free Trade Area (AfCFTA) should be expedited as the free trade zone will boost intra-African trade and accelerate industrialisation, the Economic Commission for Africa… read more →

If you read the international shipping media during the final quarter of 2022, you would be forgiven for thinking that it’s “Game Over” for international trade.

In TFG’s conversations with industry experts, we have learned quite a lot about trade volumes and commodities, trade technology, and trade credit insurance. While there is plenty of uncertainty regarding the global outlook in 2023, it is clear that there are many areas of optimism for international trade.

The Asian Development Bank (ADB) has lowered its economic growth forecasts for developing Asian and Pacific countries amid a worsened global outlook in 2023. The region’s economy will grow 4.2%… read more →

ICC Trade Register confirms that for larger banks, credit risk in trade, supply chain, and export finance fall back to pre-pandemic levels.

At ITFA 2022, Trade Finance Global (TFG) spoke to Lucio Lopez, managing partner of one of Brazil’s leading commercial law firms, about how businesses looking to expand into emerging and developing markets like Asia, Africa, or Latin America.

The aim of the strategy – to “make Europe the first carbon-neutral continent” – was always ambitious. The question now is whether the events over the last 30 months have put the targets out of reach.

It is often debated whether the reported existing trade finance gap, which over the last 3 years has oscillated between $100 billion and $120 billion, will diminish or whether the nature of illiquid, growth-focused, emerging market economies means that the gap will never truly close.

The world of credit insurance has seen a multitude of fluctuations in the market, as of late. Whether it be, COVID-19, geopolitical instability, or inflation, these factors have significantly impacted the sector, lowering the appetite for risk.

China’s trade surplus rose to a record high of $101.26 billion in July, the first time in history that the indicator has risen above the $100 billion mark.  A trade… read more →

The World Bank has approved the second phase of West Africa’s regional Food Systems Resilience Program (FSRP-2), earmarking $315 million in financing to increase the robustness of food systems in… read more →

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.