GTR News Brief Episode 3

2020-05-28

Host Felix Thompson gives a breakdown of the major stories in trade and trade finance news this week. A collection of industry associations, including ITFA, are warning against a disproportionate focus on ECA guarantees and whole turnover insurers in the wake of Covid-19. In other news, more than half of UK businesses are considering selling to new markets in response to the Covid-19 pandemic, new research suggests. Meanwhile, the ICC has calculated that as much as US$5tn of trade credit m...

Host Felix Thompson gives a breakdown of the major stories in trade and trade finance news this week.

A collection of industry associations, including ITFA, are warning against a disproportionate focus on ECA guarantees and whole turnover insurers in the wake of Covid-19.

In other news, more than half of UK businesses are considering selling to new markets in response to the Covid-19 pandemic, new research suggests.

Meanwhile, the ICC has calculated that as much as US$5tn of trade credit market capacity will be needed to return trade volumes back to 2019 levels.

Senior reporter John Basquill also provides analysis on a major story from last week.

He explains why banks are being urged not to withdraw financing for Singapore's beleaguered commodities trade sector, despite a string of high-profile company collapses and allegations of fraud.

Music credit to Kevin MacLeod for his track Loopster, taken from incompetech.com. Licensed under creative commons by attribution 3.0 license. Further music credit to Sunrise Drive by South London HiFi. Licensed under creative commons Attribution 4.0 License. Music promoted by CopyrightFree.org

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