Letter of credit payments permitted despite Russia sanctions, UK court rules
29-03-23 / by John Basquill
A London court has ruled that UniCredit should have made payments due under letters of...Ukraine crisis
Ukraine grain deal faces fresh uncertainty as Russia struggles with agri exports
15-03-23 / by John Basquill
The potential renewal of the Black Sea Grain Initiative is again facing doubt and confusion,...
“Banks are back”: financiers grow market share in record year for commodities
08-03-23 / by John Basquill
Financial institutions are being tempted back to the commodities market after a long period of...
Key commodities trade exceeds WTO forecasts despite war in Ukraine
01-03-23 / by John Basquill
Trade in key commodities remained “remarkably resilient” during 2022 despite the fallout of Russia’s invasion...
African states to get US$150mn trade finance from IsDB
18-01-23 / by Jacob Atkins
The Islamic Development Bank (IsDB) is extending US$150mn in direct trade finance lending to 12...
Ghosts and zombies: Baft calls for deeper understanding of maritime trade risks
14-12-22 / by John Basquill
Banks are being urged to assess the compliance risks associated with maritime trade, as fresh...
Ukraine to increase exports to low-income countries after grain initiative criticism
07-12-22 / by John Basquill
Western powers are accelerating efforts to ship Ukrainian grain to countries at risk of food...
Banks remain wary as Russian oil price cap kicks in
06-12-22 / by John Basquill
Major western powers will allow banks and insurers to back trade in Russian oil below...
Germany inks Qatar LNG deal in move away from Russian gas
30-11-22 / by John Basquill
Germany has taken a significant step towards reducing its reliance on imports of Russian natural...
Ukraine grain exports face vessel backlog as concerns grow over Black Sea initiative
26-10-22 / by John Basquill
Authorities responsible for the safe export of Ukrainian grain from Black Sea ports are working...