Project Financings Being Hurt By Climate Change Lawsuits Climate activists, like so many on the left, weaponize litigation as they pursue an all out assault on western civilization. Whether directed against the host government or the projects themselves, climate change lawsuits are hurting project financings, especially in developing countries. Progressives from wealthy countries are weaponizing climate change lawsuits and
FinTech Is Driving Rise In Financial Inclusion Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, FinTech is driving rise in financial inclusion but gains have been uneven across countries. A new World Bank report on the worldwide use of financial services also finds that men remain more likely than women to have
Annual Report On Business Regulations Business Regulations that enhance business activity and those that constrain it are examined in World Bank Annual Report On Business Regulations, entitled Doing Business 2017. It is the 14th annual World Bank Report on global business regulations. The research presents quantitative indicators on business regulations and the protection of property rights that can be compared across
Global Reserve Currency May No Longer Be US Dollar The issue of when a global reserve currency begins or ends is not an exact science. There are no press releases announcing it, and neither are there big international conferences that end with the signing of treaties and a photo shoot. Nevertheless, we can say with confidence that the
Global Economic Growth On The Rise Global economic growth is strengthening according to economists at the International Monetary Fund. The IMF sees positive trends in investment, manufacturing, and trade worldwide. As a result, International Monetary Fund economists have raised the outlook for global economic growth, predicting the world economy will grow by 3.5 percent in 2017. Global economic growth
World Trade Week Strengthens Economic Growth President Donald Trump has issued a presidential proclamation to create World Trade Week. World Trade Week will take place the week of May 21 through May 27 per the Proclamation. Trump's Presidential Proclamation to promote global trade should calm world trade markets which have been uneasy since Trump was elected in November. The America First
Compliance In Trade Finance Due Diligence Companies involved in international trade have for many years used trade finance instruments as tools to manage risk when importing and exporting internationally. The trade finance deal structure, when engineered correctly, goes a long way towards ensuring that cross-border transactions are structured to protect our clients against late payments, political risk, delayed delivery,
Global Shortage Of Trade Finance Is Crushing Small Business The worldwide shortage of trade finance has reached $1.6 trillion US according to a recent study by the Asian Development Bank. A shortage of trade finance of this magnitude is having a crushing effect on small businesses worldwide, many of whom cannot find trade finance for their business. Â The International
China Fines GM $29 Million for Monopolistic Pricing BEIJING China will fine U.S. automaker General Motors Co's (GM.N) joint venture 201 million yuan ($29 million) for monopolistic pricing, state television reported on Friday, ending speculation after an official forewarned of penalties against a U.S. automaker. Shanghai's pricing regulator said that it would fine GM's venture with China's largest automaker SAIC
US Penalizes Credit Suisse and Deutsche Bank ZURICH/FRANKFURT Credit Suisse and Deutsche Bank have been hit with a combined penalty of more than $12 billion over the sale of U.S. toxic debt, further hampering two of Europe's leading investment banks as they grapple with falling profits. The penalty puts them at a further disadvantage to larger U.S. rivals. Credit
