Oil futures drunk-trading incident

Africa's total exports expected to hit close to USD1 trillion by 2035, Standard Chartered report reveals

Retrieved on: 
Wednesday, October 11, 2023
African Continental Free Trade Area, Sustainable Development Goals, African Union, Collaboration, Standard Chartered, Oil futures drunk-trading incident, USD, Guarantee of origin, Transport, Digitalization, Economic development, Progress, African, Regional Economic Communities, Growth, Region, Cohesion, SCF, AU, Drug, Renewable energy, Cryptocurrency

The report finds that Africa's total exports will reach USD952 billion by 2035 and the AfCFTA, once fully implemented, has the potential to increase this figure by a further 29 per cent.

Key Points: 
  • The report finds that Africa's total exports will reach USD952 billion by 2035 and the AfCFTA, once fully implemented, has the potential to increase this figure by a further 29 per cent.
  • Intra-Africa trade is expected to reach USD 140 bn by 2035, equating to 15 pe rcent of Africa's total exports.
  • Africa's corridors with some of the world's most dynamic regions will grow faster than the global average of 4.3 per cent.
  • For over 150 years, Standard Chartered has supported Africa's growth and progress, actively contributing to the continent's infrastructure development and economic advancement.

Africa's total exports expected to hit close to USD1 trillion by 2035, Standard Chartered report reveals

Retrieved on: 
Wednesday, October 11, 2023
African Continental Free Trade Area, Sustainable Development Goals, African Union, Collaboration, Standard Chartered, Oil futures drunk-trading incident, USD, Guarantee of origin, Transport, Digitalization, Economic development, Progress, African, Regional Economic Communities, Growth, Region, Cohesion, SCF, AU, Drug, Renewable energy, Cryptocurrency

The report finds that Africa's total exports will reach USD952 billion by 2035 and the AfCFTA, once fully implemented, has the potential to increase this figure by a further 29 per cent.

Key Points: 
  • The report finds that Africa's total exports will reach USD952 billion by 2035 and the AfCFTA, once fully implemented, has the potential to increase this figure by a further 29 per cent.
  • Intra-Africa trade is expected to reach USD 140 bn by 2035, equating to 15 pe rcent of Africa's total exports.
  • Africa's corridors with some of the world's most dynamic regions will grow faster than the global average of 4.3 per cent.
  • For over 150 years, Standard Chartered has supported Africa's growth and progress, actively contributing to the continent's infrastructure development and economic advancement.

Global Services Trade Set to Grow by 44% to $9.6trn in Next 5 Years - Convera Future of Trade & B2B Payments Report

Retrieved on: 
Tuesday, June 6, 2023
Banking, Accounting, Supply Chain Management, Professional Services, Philanthropy, Sustainability, Small Business, Environment, Fund Raising, Foundation, Retail, Finance, Other Philanthropy, Carbon, Acceleration, Database, World Trade Organization, United Nations, Tourism, Education, B2B, Face, Marketing, Oil futures drunk-trading incident, API, Weakness, CBAM, Future, GDP, Oxford Economic Papers, United, Growth, Development, Automation, Online shopping, Renewable energy, Cryptocurrency, EU, Convera Corporation

The Future of Trade and B2B Payments Report estimates that the value of global services trade will grow by 44% from 2023 to 2028, reaching a value of $9.6 trillion in 2028.

Key Points: 
  • The Future of Trade and B2B Payments Report estimates that the value of global services trade will grow by 44% from 2023 to 2028, reaching a value of $9.6 trillion in 2028.
  • The report notes that the low-carbon transition will transform global goods trade patterns, with the value of global goods trade expected to grow by 30% from 2023-2028, reaching $27.9 trillion in 2028.
  • While the global economy looks set for a sustained period of weakness through 2023-24, longer term prospects for global trade look brighter.
  • The report highlights how these shifting patterns in global trade are impacting demand for frictionless B2B payments.

DMCC PUBLISHES LATEST 'FUTURE OF TRADE' REPORT ON GAMING AND ESPORTS - FINDS MENA GAMING REVENUES TO ALMOST DOUBLE BY 2027

Retrieved on: 
Monday, May 29, 2023
Education, Health, Culture, Oil futures drunk-trading incident, Tencent, Riot Games, Ubisoft, Privacy, Government, Strategy, DMCC, Investment, DMCC (Dubai Metro), Ecosystem, Video game, Growth

Gaming and esports are both fast growing consumer segments, benefiting from rapid advancements in technology as well as broader and more inclusive audiences.

Key Points: 
  • Gaming and esports are both fast growing consumer segments, benefiting from rapid advancements in technology as well as broader and more inclusive audiences.
  • The UAE and Saudi Arabia lead the region, supported by high income levels, strong digital engagement, and public investment initiatives.
  • Globally, Asia Pacific constitutes the largest market share and China, the US, and Japan are the largest individual markets.
  • Tapping into this economic potential, DMCC partnered with YaLLa Esports, the Dubai-based professional esports organisation, to launch the DMCC Gaming Centre in December 2022.

DMCC PUBLISHES LATEST 'FUTURE OF TRADE' REPORT ON GAMING AND ESPORTS - FINDS MENA GAMING REVENUES TO ALMOST DOUBLE BY 2027

Retrieved on: 
Monday, May 29, 2023
Education, Health, Culture, Tencent, Riot Games, Ubisoft, Privacy, Government, Strategy, DMCC, Investment, DMCC (Dubai Metro), Oil futures drunk-trading incident, Ecosystem, Video game, Growth

Gaming and esports are both fast growing consumer segments, benefiting from rapid advancements in technology as well as broader and more inclusive audiences.

Key Points: 
  • Gaming and esports are both fast growing consumer segments, benefiting from rapid advancements in technology as well as broader and more inclusive audiences.
  • The UAE and Saudi Arabia lead the region, supported by high income levels, strong digital engagement, and public investment initiatives.
  • Globally, Asia Pacific constitutes the largest market share and China, the US, and Japan are the largest individual markets.
  • Tapping into this economic potential, DMCC partnered with YaLLa Esports, the Dubai-based professional esports organisation, to launch the DMCC Gaming Centre in December 2022.

Global Trade Growth to Lag Behind GDP for the First Time in 25 Years, While Familiar Trade Patterns Will See Massive Shifts

Retrieved on: 
Tuesday, January 17, 2023
Gross domestic product, Future, ASEAN, Environment, Commerce, Growth, Oil futures drunk-trading incident, Western, Map, Boston Consulting Group, BCG, GDP, Drug, EU

BOSTON, Jan. 17, 2023 /PRNewswire/ -- The Ukraine conflict has replaced the pandemic as the leading strain on global trade.

Key Points: 
  • BOSTON, Jan. 17, 2023 /PRNewswire/ -- The Ukraine conflict has replaced the pandemic as the leading strain on global trade.
  • For the first time in 25 years, global trade in the coming decade will grow at a slower rate than gross domestic product (GDP), and familiar trade patterns will shift, according to a new report released today by Boston Consulting Group (BCG) .
  • The report, titled " Protectionism, Pandemic, War, and the Future of Trade ," predicts that world trade will grow at a rate of just 2.3% per year through 2031—less than the 2.5% projected for global economic growth.
  • This compares with about 1.5 pp of trade growth per percentage point of GDP growth in the 1995 to 2008 period, and about one to one in the period from 2009 to 2019.

A NEW ERA OF MULTILATERALISM, SUSTAINABLE TRADE AND TRADE IN SERVICES TO DRIVE GLOBAL TRADE - DMCC'S 'FUTURE OF TRADE" REPORT FINDS

Retrieved on: 
Tuesday, July 5, 2022
Efficiency, USD, Research, Lifting, DMCC, Telecommunication, COVID-19, Growth, Oil futures drunk-trading incident, Future, Digital divide, Multilateralism, Policy, Comprehensive, Overalls, Pernod Ricard, World Trade Organization, Technology, Lists of disasters, Asia House (Essen), WTO, Comprehensive and Progressive Agreement for Trans-Pacific Partnership, SME, Optimism, Hitachi, Comprehensive Economic Partnership Agreement between India and South Korea, Government, Standard Chartered, Central bank, Renewable energy, Cryptocurrency, Airline, Warehouse, Bank

Pent-up demand from the COVID-19 shock is already driving trade in goods; a rebound in trade in services is set to follow.

Key Points: 
  • Pent-up demand from the COVID-19 shock is already driving trade in goods; a rebound in trade in services is set to follow.
  • So too will be closing the digital divide between countries and sectors to bring the benefits of global trade to all."
  • Geopolitics, as ever, will shape the trade landscape in the 2020s, building on new developments in regionalism, bilateral trade, and global investment flows.
  • The Future of Trade is DMCC's biennial flagship research on the changing nature of global trade.

A NEW ERA OF MULTILATERALISM, SUSTAINABLE TRADE AND TRADE IN SERVICES TO DRIVE GLOBAL TRADE - DMCC'S 'FUTURE OF TRADE" REPORT FINDS

Retrieved on: 
Tuesday, July 5, 2022
Efficiency, USD, Research, Lifting, DMCC, Telecommunication, COVID-19, Growth, Oil futures drunk-trading incident, Future, Digital divide, Multilateralism, Policy, Comprehensive, Overalls, Pernod Ricard, World Trade Organization, Technology, Lists of disasters, Asia House (Essen), WTO, Comprehensive and Progressive Agreement for Trans-Pacific Partnership, SME, Optimism, Hitachi, Comprehensive Economic Partnership Agreement between India and South Korea, Government, Standard Chartered, Central bank, Renewable energy, Cryptocurrency, Airline, Warehouse, Bank

Pent-up demand from the COVID-19 shock is already driving trade in goods; a rebound in trade in services is set to follow.

Key Points: 
  • Pent-up demand from the COVID-19 shock is already driving trade in goods; a rebound in trade in services is set to follow.
  • So too will be closing the digital divide between countries and sectors to bring the benefits of global trade to all."
  • Geopolitics, as ever, will shape the trade landscape in the 2020s, building on new developments in regionalism, bilateral trade, and global investment flows.
  • The Future of Trade is DMCC's biennial flagship research on the changing nature of global trade.

A New Era of Multilateralism, Sustainable Trade and Trade in Services to Drive Global Trade - DMCC's 'Future of Trade" Report Finds

Retrieved on: 
Tuesday, July 5, 2022
Efficiency, USD, Research, Lifting, DMCC, Telecommunication, COVID-19, Growth, Oil futures drunk-trading incident, Future, Digital divide, Multilateralism, Policy, Comprehensive, Overalls, Pernod Ricard, World Trade Organization, Technology, Lists of disasters, Asia House Festival of Asian Literature, WTO, Comprehensive and Progressive Agreement for Trans-Pacific Partnership, SME, Optimism, Hitachi, Comprehensive Economic Partnership Agreement between India and South Korea, Government, Standard Chartered, Central bank, Renewable energy, Airline, Warehouse, Bank

DUBAI, United Arab Emirates, July 5, 2022 /PRNewswire-PRWeb/ -- Global trade, which hit a record high of USD 28.5 trillion in 2021 , is expected to grow steadily in 2022 and the coming years as a new era of multilateralism – underpinned by regionalisation, trade in services, innovation and sustainable trade – counters the impact of the slowing global economy, according to DMCC's latest Future of Trade 2022 report titled 'A New Era of Multilateralism'.

Key Points: 
  • Pent-up demand from the COVID-19 shock is already driving trade in goods; a rebound in trade in services is set to follow.
  • So too will be closing the digital divide between countries and sectors to bring the benefits of global trade to all."
  • Geopolitics, as ever, will shape the trade landscape in the 2020s, building on new developments in regionalism, bilateral trade, and global investment flows.
  • The Future of Trade is DMCC's biennial flagship research on the changing nature of global trade.

Abu Dhabi Customs and Webb Fontaine's joint 'Think Tank' is poised to highlight the Role of Technology in the Future of Trade and Customs

Retrieved on: 
Monday, March 7, 2022
Role, Tata Business Support Services, Department of Trade and Customs, Artificial intelligence, List of Are You Being Served? episodes, Knowledge, Solution, Computer, Think tank, Work, Oil futures drunk-trading incident, ABU, Medical device, Online shopping, Technology

ABU DHABI, UAE, March 7, 2022 /PRNewswire/ -- Abu Dhabi Customs together with Webb Fontaine, one of the leading provider of solutions for Trade facilitation powered by artificial intelligence, have jointly collaborated to organise 'Think Tank' - an event that will bring together key minds to share knowledge and exchange ideas that will impact global as well as regional trade. The Think Tank will shed light on the Role of Technology in the Future of Trade and Customs and how one can improve the other to the benefit of all parties involved.

Key Points: 
  • The Think Tank will shed light on the Role of Technology in the Future of Trade and Customs and how one can improve the other to the benefit of all parties involved.
  • Fahed Ghareeb Alshamsi, Executive Director for Support Services sector withinAbu Dhabi Customs, said, "Abu Dhabi Customs uses the latest detection and computer systems for the development of work and to facilitate customs inspections while completing transactions quickly and accurately.
  • Webb Fontaine is a leading provider of solutions for Trade facilitation, powered by world-class technology including artificial intelligence.
  • Webb Fontaine develops new-generation IT systems that take Trade and Customs processes to the next level for the benefit of the global trading community.