Baldev Bhinder News Today : Breaking News, Live Updates & Top Stories | Vimarsana

COMMODITIES: Fraud Alert | Asian Legal Business

COMMODITIES: Fraud Alert | Asian Legal Business
legalbusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from legalbusinessonline.com Daily Mail and Mail on Sunday newspapers.

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Euronav legal victory over UniCredit tames almighty power of bills of lading, lawyers claim

Euronav legal victory over UniCredit tames almighty power of bills of lading, lawyers claim
tradewindsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradewindsnews.com Daily Mail and Mail on Sunday newspapers.

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Analysis: Banks face trickier fights against shipowners to recover commodities losses

Analysis: Banks face trickier fights against shipowners to recover commodities losses
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Analysis: ZenRock judgement should prompt rethink on reckless traders in double financing frauds

In January this year, Crédit Agricole lost a bid before the Singapore International Commercial Court to claw back US$23.6mn it paid to energy trader PPT under a letter of credit (LC) applied for by since-collapsed commodities trader ZenRock. The French lender argued that it should not have to honour the LC because it had been .

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UN sounds food scarcity warning as Ukraine conflict pressures agri-commodities

Russia’s invasion of Ukraine has placed further pressure on agricultural commodity flows, pushing prices higher and prompting longer-term warnings over food security and fertiliser availability. Together, Russia and Ukraine provide more than a quarter of the world’s wheat exports and a third of barley exports, according to research by agriculture-focused tech company Gro Intelligence. The .

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