China and Russia are likely to discuss the agenda of de-dollarization in BRICS 2024 as both countries have agreed to use local currencies up to $260 billion. To counter the plan of two influential BRICS members in favor of de-dollarization, the United States is playing the sanctions card against China and Russia. What will be […]
Indonesia’s government is coming up with a bank scheme for the exporters to get financial support to keep their gross income within the country as many of the Indonesian exporters keep their earnings across the borders and a new rule implemented new measures. The Indonesian government is committed to uplifting the Indonesian exporters after receiving […]
Banks are facing a risk that stricter environment, social and governance criteria could worsen the trade finance gap by cutting off access to financing for companies that need it most. It could hinder their expansion of sustainable trade finance offerings to meet growing corporate demand. Trade finance comprises financial instruments that support a company’s imports […]
Sri Lanka’s economic crisis is wreaking havoc with multiple factors pushing pressure on authorities and eventually citizens of Sri Lanka. The Southeast Asian country is also facing troubles with managing the inbound shipments and imports to maintain inventories. Sri Lanka imports grew by 71.63% year-on-year in February 2022, revealed from Sri Lanka import data. It […]
Russia-Ukraine war is causing troubles across nations as many commodities prices have peaked high, while shipment delays from both Russia and Ukraine are also causing bottlenecks in the supply chain. There are commodities that countries import from both Russia and Ukraine, such as wheat, for which both countries account for 29% of global exports. On […]
The Russian invasion of Ukraine has driven different investors worldwide anxious and leaving worried about the potential outcome of actions taken by Western nations on Russia. Three Western countries have come together forming an alliance to sort of punish Russia for the deliberate attack on Ukraine and disturbing the world peace, perhaps. Three Western Nations […]
There are immense, severe consequences emerging from the Russia and Ukraine tensions. Following Russia’s invasion of Ukraine today, the prices of edible oils will go higher, as per traders and manufacturers. The vegetable oils market shook from the sudden impact. Ukraine is the highest exporting country of edible oils, especially sunflower oil, with a 76% […]
Even after one year of post-Brexit, the dust has still not fully settled on the definitive shape of EU-UK relations as there are several as yet unresolved issues. Brexit has been a drag on growth. It brought new red tape on trade between Britain and its largest and closest market. It also removed a large […]
The rapid generation of alternative data obtained through global trade, social networks, emails, financial reports, satellites, geolocation, among other sources has introduced a great new opportunity to improve profits in the market. The correct use of alternative data through machine learning gives companies a fascinating advantage of making better decisions and growing rapidly with valuable […]
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