Stay updated with breaking news from Exporta Publishing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tradewind Finance has partnered with Finamco, a Colombian financial services company, to boost its presence in the Latin American country and the surrounding region. Established in Germany in 2000, Tradewind now has more than 20 offices, including two in Latin America – one in Brazil and another in Peru. Finamco, which was set up in ...
The Central Bank of Egypt (CBE) has said it will require importers to use letters of credit (LCs) rather than documentary collection when buying from abroad, despite business concerns over the move. CBE’s rule change, which aims to address import governance issues in the country, came into effect at the beginning of March. “[In recent ...
The US government has slapped sanctions on more than a dozen companies and people it claims are involved in a commodity trading scheme to finance the Houthi rebels in Yemen. The US Treasury says a network led by Iran’s Revolutionary Guards Corps and previously sanctioned financier Sa’id al-Jamal “has transferred tens of millions of dollars ...
Banks across the world are reviewing all trade and commodities transactions involving Russia as the nation’s economy becomes a “massive moving target” in the crosshairs of sanctions enforcers in the US, Asia and Europe. Governments, including those of the US, UK, EU, Japan, Singapore, South Korea and Australia, have now imposed, or vowed to impose, ...
Trade data and analytics provider Coriolis Technologies has launched the first iteration of its Kosmos environmental, social and governance (ESG) scoring tool in partnership with banks, insurers and professional bodies. Kosmos, described by Coriolis as a “for the industry by the industry” ESG monitoring and passporting instrument for global trade flows, is aimed at enabling ...