Browse Tag

trade

EBRD and partners explore digitalisation in green trade finance

6 mins read

The European Bank for Reconstruction and Development (EBRD) is stepping up its support for the digital transition of trade finance by facilitating test transactions between QNB ALAHLI, Banca Comercială Română and UniCredit on the we.trade digital trade platform. The tests will take place through we.trade’s Preview Offering Program, with a special focus on green trade finance.…

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EBRD and partners explore digitalisation in green trade finance

6 mins read

The European Bank for Reconstruction and Development (EBRD) is stepping up its support for the digital transition of trade finance by facilitating test transactions between QNB ALAHLI, Banca Comercială Română and UniCredit on the we.trade digital trade platform. The tests will take place through we.trade’s Preview Offering Program, with a special focus on green trade…

How Has Covid Affected Global Trade?

3 mins read

The FINANCIAL — Covid-19 (Covid) caused a significant decline in global trade in 2020, particularly in services trade. Also, imbalances in regional trade contributed to a significant rise in shipping costs. The Covid pandemic has caused significant disruption to global trade.…

Post-Brexit Trade Agreements Could Lead to Unhealthier Diets

4 mins read

The FINANCIAL -- Post-Brexit free trade deals could lead to unhealthier eating in the UK and more diet-related deaths. But harms could be offset with targeted farming subsidies, now possible because of Brexit, and by making concerns for healthy eating central to trade policy, according to an Oxford study published in the journal Nature Food.…

Why Every Beginner Trader Should Use a Mentor

6 mins read

The act of trading stocks and shares is more accessible today than ever before, and everyone has to start somewhere. Even behemoths of the industry like Warren Buffett placed their very first trade in the distant past, well aware that they had a lot to learn. The concept of using your money to make money…

Goods Barometer Reveals Strength of Trade Recovery, Depth of COVID-19 Shock

3 mins read

The FINANCIAL -- Global merchandise trade is continuing to recover in 2021 following a steep but brief pandemic-induced drop in the second quarter of last year, according to the latest WTO Goods Trade Barometer released on 28 May, WTO notes.…

Spreading the Gains from Trade More Widely

4 mins read

The FINANCIAL -- Global trade has contributed to growth and poverty reduction in the past three decades, but gains from trade can be more inclusive, the World Bank said today. Spreading the benefits of trade more widely, within and between countries, can play a key role as the world seeks to recover from the COVID-19…

Electronics and automotive products lift global merchandise trade in Q3, services lag behind

6 mins read

The FINANCIAL -- The third quarter of 2020 saw a partial recovery of world trade in manufactured goods, led by electronics, textiles and automotive products, as production resumed and lockdown measures were eased in major economies, new World Trade Organization statistics show.…

Trade or Invest: Which Wealth-Building Strategy Should You Choose?

5 mins read

Trading and investing are often used interchangeably in financial speak. While the two involve exposure to financial markets like the stock market, they are actually different strategies. A few key factors must be considered before choosing whether trading or investing, or a combination of the two, is a better strategy for you.…

Trade issues associated with the spread of diseases of animal origin

4 mins read

The FINANCIAL — The WTO Secretariat has published a new information note about trade issues associated with the spread of diseases of animal origin. The note maps out the international framework in place to address these issues, along with ongoing efforts to ensure safe trade in animals and animal products, including in wildlife. The note…

EUROCHAMBRES calls for free trade between Turkey and EU

1 min read

The FINANCIAL — EUROCHAMBRES has called for every effort to be made to ensure free trade between the EU and Turkey, and underlined its opposition to economic barriers, including boycotts of EU products. EUROCHAMBRES, the European association of chambers of commerce & industry, is a consistent proponent of fair and open trade, and has for…

External Merchandise Trade of Georgia in January – August 2020

3 mins read

National Statistics Office of Georgia published preliminary data of the External Merchandise Trade of Georgia in January-August 2020. the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 7 022.8 million, 16.7 percent lower to the same period of 2019. The exports equaled USD 2 071.4 million (14.7 percent lower), while the imports stood…

US Department of State report says that Georgia is an open market

8 mins read

The FINANCIAL — The U.S Department of State published a report. It said that Georgia is a small but open market that derives benefits from international trade, tourism, and transportation. While it is susceptible to global and regional shocks, the country has made sweeping economic reforms since 1991 that have produced a relatively well-functioning and stable…

Top trading partners of Georgia (January – June 2020)

4 mins read

The FINANCIAL — National Statistics Office of Georgia published preliminary results of External Merchandise Trade of Georgia and The Domestic Exports in January – June 2020. Copper ores and concentrates reclaimed the first place in the list of top export items, equaling USD 332.4 million, or 30.8 percent of total exports. In January-June 2020 the external merchandise…

External Merchandise Trade of Georgia in January – June 2020

4 mins read

The FINANCIAL — National Statistics Office of Georgia published express data of External Merchandise Trade of Georgia in January – June 2020. The trade deficit of Georgia equaled USD 2 065.4 million and its share in trade turnover constituted 40.7 percent. External Merchandise Trade of Georgia decreased by 16.3 %. It amounted $ 5 072.5 million in January-June…

All regions will suffer double-digit declines in trade volumes in 2020, WTO

15 mins read

The FINANCIAL -- World trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world. Nearly all regions will suffer double-digit declines in trade volumes in 2020, with exports from North America and Asia hit hardest, said WTO in its report. Trade…