GTR News Brief Episode 8

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

Scandal-hit Agritrade is urging banks to accept a new offer from a London-based investment manager, rather than push ahead with a winding up order.

In another major story in the Singapore commodities sector, Hontop Energy has become the latest oil trader to be embroiled in a fraud scandal.

In other news, according to a report released by the International Chamber of Commerce this week, banks are upbeat about the trade finance market in spite of Covid-19-related challenges.

Reporter Maddy White also provides a closer analysis of a major story from last week. While the Japanese government tightened its lending criteria for overseas coal-fired power plants, NGOs say there are major “loopholes” in the plans.

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