GTR eNews: December 9th
Global Trade Review (GTR)
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Top stories
Stenn goes into administration following HSBC application
Invoice financing provider Stenn has gone into administration following an application from HSBC in the UK High Court.
Sweden aims to make Ukraine export guarantees more “competitive”
Sweden’s government is considering whether to allow export credit agency EKN to provide up to 100% cover for exports to Ukraine, after exporters spurned its current offer of 80%.
Global trade divisions drive cost of business to 10-year high
Increasing trade-restrictive measures spurred by geopolitical tensions have pushed the cost of doing business to a 10-year high, according to research by risk consultancy Verisk Maplecroft.
Middle East tensions pose looming threat to European LNG supply
Escalating tensions in the Middle East could have far-flung impacts on global LNG supply chains over the coming months, with European and US flows among those affected.
Feature of the week
Trade finance’s latest fraud problem
High-profile fraud cases have dominated headlines in the trade finance sector, but a spate of smaller, sophisticated scams continues to unfold quietly, particularly in receivables finance.
Podcast of the week
On the move
Other stories
Contributed articles
Why there’s no ‘one-size-fits-all’ approach to plugging the trade finance gap
Absa CIB’s Kuben Pillay and Oladapo Adeigbe, explore why the trade finance gap remains a hurdle to Africa’s economic progress.
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