In the latest episode of the GTR News Brief, the new podcast series from the editorial team, host Felix Thompson gives a breakdown of recent major stories in trade and trade finance news as covered by GTR.
Damage to Beirut Port following last week’s explosion is disrupting vital food supply lines, while questions emerge over how a 2013 shipment of ammonium nitrate ended up in storage there.
ABN Amro has announced it is ceasing all trade and commodity finance activities, following heavy losses due to Covid-19, low oil prices and the Hin Leong fraud scandal in Singapore.
Elsewhere, Afreximbank’s customer due diligence platform has onboarded nearly 200 African entities, but barely a handful of international financial institutions have signed up.
Reporter Maddy White also gives a closer analysis on the European Council’s decision to impose cyber sanctions for the first time ever.
