TXF: Indepth

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:
A top Credit Suisse Group investor is supporting a proposal for a special audit over the collapse of a group of supply chain finance funds the bank ran with now-defunct Greensill Capital
IFC has signed an agreement to support Uzbekistan as it develops a series of utility-scale wind farms, helping the country transition towards clean energy and meet a growing demand for electricity
UK Export Finance has appointed Tim Reid to lead its Business Group
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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:
EBRD is supporting Turkey’s transition to an environmentally sustainable, low-carbon and climate-resilient economy through new Green Economy Financing Facility in the country
Glencore, the world's largest cobalt producer, is unable to fulfill contractual deliveries of cobalt hydroxide out of the Democratic Republic of Congo after severe flooding in South Africa hit warehoused goods and impacted logistics
The World Bank is preparing a $170 billion package of financial help in response to the overlapping global crises of war, pandemic and inflation that are hitting the poorest countries particularly hard, its president has said
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:
The UK Government has released a policy paper that sets out its strategy for greater energy independence
Singapore-based Wilmar International has signed a three-year $100 million sustainability-linked loan with the Bank of East Asia
Rio Tinto received an alumina shipment from Russia's Rusal in late March, weeks after saying it was severing ties with Russian businesses over Moscow's invasion of Ukraine, an analysis of shipping data showed.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:
Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said, adding it did not plan to pay out on the policies and would "vigorously defend" itself against any legal claims
US President Joe Biden has announced plans for what is said to be the largest release from the strategic petroleum reserves in American history of 1 million barrels a day for six months to lower gas prices at the pump.
The Export-Import Bank of Korea has put on hold its decision to provide financial support for the Australian Barossa-Caldita gas field project
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:
Euler Hermes has changed its name to Allianz Trade
The ECOWAS Bank for Investment and Development has signed a $100 million commercial credit line with India Exim Bank
The AfDB is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and stave off a potential food crisis brought on by Russia
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:
IsDB has signed three financing agreements, valued at $180 million, with the Government of Pakistan to support its green agenda
Germany has agreed a contract with Qatar for the supply of liquefied natural gas that will help the country wean itself off its dependency on Russian energy; 
Saudi Arabia's state oil company Aramco, under pressure from the West to boost output amid soaring prices
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:
Saudi Arabia is lining up tenders for 15GW of renewable energy projects according to the Kingdom's Energy Minister Prince Abdul Aziz bin Salman
BP and Eni have signed an agreement to form a new 50/50 independent company in Angola through the combination of the two companies’ Angolan businesses.
Basil Louvrais is joining Swiss Re Corporate Solutions as trade finance North America Geographic lead 
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:
Shell bought a cargo of Russian crude oil from Swiss trader Trafigura in S&P Global Platts window loading from Baltic ports at a record low of dated Brent minus $28.50 a barrel
JBIC is investing up to €100 million (about $108.7 million) in Clean H2 Infra Fund of France, which is targeting €1.5 billion
Trade credit insurers are pulling back from covering businesses exporting to Ukraine and Russia following Moscow's invasion, given the risks of sanctions, high claims or missed payments, industry sources say
 
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.