Episodes
Thursday Apr 16, 2020
Thursday Apr 16, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Zambia raised the stakes in its fight with Glencore by threatening to strip the company of its copper mines in the southern African country
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The World Bank has priced an $8 billion five-year global benchmark bond that matures on 22 April, 2025;
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Credendo is increasing its support for Belgian businesses that are active internationally to offer - alongside credit insurance, foreign investment insurance and direct financing - an increased financial guarantee product to banks that grant credit
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Apr 15, 2020
Wednesday Apr 15, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Zambia raised the stakes in its fight with Glencore by threatening to strip the company of its copper mines in the southern African country
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Total's LNG project is Mozambique's coronavirus epicentre
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Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion Market Association (LBMA) revealed
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Apr 14, 2020
Tuesday Apr 14, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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MUFG names new head of transaction banking for East Asia
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Oil falls after Saudi Arabia, Russia end price war with historic deal
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1GW Saudi solar RFP issued
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Apr 08, 2020
Wednesday Apr 08, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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The Export-Import Bank of the United States has announced changes to the fee structure of its Delegated Authority loans and Fast Track Loans.
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Ghana’s cocoa revenue will be hit by a $1 billion shortfall as the coronavirus pandemic causes a price drop on the world market, Cocobod says
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The Multilateral Investment Guarantee Agency (MIGA) has launched a $6.5 billion fast-track facility to support private sector investors and lenders tackling the COVID-19 pandemic in low and middle-income countries.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Apr 07, 2020
Tuesday Apr 07, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Brazilian utility Engie Brasil Energia has approved the signing of a BRL1.243 billion ($237.4 million) loan with the country's development bank BNDES for the 361.2MW Campo Largo 2 Wind Complex
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Glencore has made a $325 million bid for the minority stake in Argentine soy crushing plant Renova held by bankrupt family-owned company Vicentin
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Citigroup has appointed Mark Smith as Head of Treasury and Trade Solutions (TTS) for the EMEA region, based in London.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Apr 06, 2020
Monday Apr 06, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash
- Rio Tinto is facing a new setback at its giant copper project in Mongolia with a large investor demanding a shake-up at the Oyu Tolgoi operation over what it claims is “a massive devaluation” of the asset.
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The European Investment Bank has discussed the creation of a €25 billion guarantee fund to enable the EIB Group to scale up its support for companies in all 27 EU member states by up to €200 billion in response to the coronavirus crisis
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Apr 02, 2020
Thursday Apr 02, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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BP is braced for an £800 million ($1 billion) financial blow in its first-quarter results and plans to slash its spending by a fifth this year to weather “the most brutal” oil market rout in decades.
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Dutch development bank FMO has priced a new €500 million seven-year Reg S sustainability bond at MS+31bps - its first public euro transaction since May 2017
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Citigroup has appointed Esther Chibesa as Treasury and Trade Solutions Head Sub-Saharan Africa
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Apr 01, 2020
Wednesday Apr 01, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Energy and commodity trader Vitol has acquired 100% of Singapore-based bunkering specialist Sinanju Tankers Holdings
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The World Bank has approved $700 million additional financing to help Pakistan generate low-cost, renewable energy to provide affordable electricity supply to millions of users
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Standard Chartered has been fined £20.47 million by the UK government’s Office of Financial Sanctions Implementation (OFSI) for breaching restrictions on loans to certain Russian financial institutions.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Mar 31, 2020
Tuesday Mar 31, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Vikoma, a British pollution control company, has secured UK Export Finance-backed guarantees worth over £300,000 to export equipment that will help contain and clean-up oil spills in marine and industrial centres across the globe
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BNDES is working to line up emergency financing for airlines in April and could extend a lifeline to other companies needing both capital and liquidity as they weather the impact of the coronavirus pandemic
- Glencore has detailed a number of measures - including refinancing and extending its revolving credit facilities - it has taken amid the coronavirus pandemic
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Mar 30, 2020
Monday Mar 30, 2020
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Trafigura has closed two major facilities in the syndicated bank loan markets and issued long tenor notes in the US private placement market
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Ukrainian power producer DTEK is suspending operations at the Dobropilske and Bilozerske coal mines and Oktyabrska enrichment plant from 1 April because of the coronavirus pandemic.
- The European Commission is to temporarily remove all countries from the list of “marketable risk" under the Short-term export-credit insurance Communication until the end of the year
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.