LIBOR

Scorpio Announce The Exercise Of Purchase Options On Six Ships

Credit: Ian Taylor/Unsplash

Scorpio Tankers Inc. announced that it has exercised the purchase options on six ships, says an article published on their website.

Notice to exercise

The Company has given notice to exercise its purchase options on two 2016 built LR2 product tankers (STI Grace and STI Jermyn), one 2019 built LR2 product tanker (STI Lavender), two 2019 built MR product tankers (STI Magnetic and STI Marshall) and one 2020 built MR product tanker (STI Miracle).

Debt reduction

The leases...

https://mfame.guru/scorpio-announce-the-exercise-of-purchase-options-on-six-ships/

IMF must review role of capital flows and international trade treaties

IMF must review role of capital flows and international trade treaties

Wednesday 23 February 2022 – Vol.13 Ed.8.3

Commentary: IMF must regain lost territory

By Kevin Gallagher and Rachel Thrasher

Often depicted as a rigid institution averse to change, the International Monetary Fund deserves credit for embracing climate concerns, showing signs of abandoning austerity and calling out the G20 for its weak debt relief efforts during the pandemic. However, the most profound change came in 2012 when the...

https://allaboutshipping.co.uk/2022/02/23/imf-must-review-role-of-capital-flows-and-international-trade-treaties/

ECB should keep eyes on inflation prize, End of Libor could trigger supply chain shock, and more

ECB should keep eyes on inflation prize, End of Libor could trigger supply chain shock, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

29 November-3 December 2021, Vol.12 Ed.48

Most-Read Commentary

ECB should keep eyes on inflation prize: Should central banks tighten early to combat inflation at the risk of triggering a serious slowdown, or risk higher inflation while propelling growth? This trade-off is easy to face for the European Central Bank. Excluding...

https://allaboutshipping.co.uk/2021/12/04/ecb-should-keep-eyes-on-inflation-prize-end-of-libor-could-trigger-supply-chain-shock-and-more/

Libor ending will disrupt trade and supply chains if banks are not prepared

Libor ending will disrupt trade and supply chains if banks are not prepared

Commentary: End of Libor could trigger supply chain shock

By Kathleen Tyson in London

More than 80% of trade and supply chain finance globally prices using the London interbank offer rate term benchmarks in dollars. Supervisors have ordered that Libor funding for new transactions cease after 31 December 2021 when most publication of Libor rates will stop. If banks and exporters are not prepared for this transition, the end...

https://allaboutshipping.co.uk/2021/12/01/libor-ending-will-disrupt-trade-and-supply-chains-if-banks-are-not-prepared/

US Dollar LIBOR transition in asset finance – where are we now?

US Dollar LIBOR transition in asset finance – where are we now?

David Osborne

RECENT DEVELOPMENTS, REGULATORY AND MARKET BODY ANNOUNCEMENTS

Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the following are those we consider most relevant. Please refer to the glossary at the end to navigate the many acronyms and terms of art which necessarily feature in any discussion of this issue.

Louise Mor

As we previously...

https://allaboutshipping.co.uk/2021/04/19/us-dollar-libor-transition-in-asset-finance-where-are-we-now/

A ‘she-cession’ hurts us all, Roadmapping the transition from LIBOR

A ‘she-cession’ hurts us all, Roadmapping the transition from LIBOR

Commentary: A ‘she-cession’ hurts us all

By Ana Botín, Executive Chairman of Santander

Every March we take stock of women’s rights in the world: looking at how far we’ve come and, more importantly, how much further we still have to go. But 2020 was a year like no other for gender equality. The social and economic consequences of the pandemic have fallen disproportionately on women. There is even a word for it: ‘she-cession’. As we...

https://allaboutshipping.co.uk/2021/03/10/a-she-cession-hurts-us-all-roadmapping-the-transition-from-libor/

America first collides with Decline and fall, Beyond Libor

America first collides with Decline and fall, Beyond Libor

Monday 26 October 2020   –   Vol.11 Ed.44.1

Commentary: America first versus Decline and fall

By Meghnad Desai in London

The Roman republic exerted great influence on the fathers of the American revolution. On the eve of the election, the question is whether the once all-commanding republic is turning into a decadent empire. ‘America first’ has collided with ‘Decline and fall’. The debates will not have changed much. The result could  go...

https://www.allaboutshipping.co.uk/2020/10/26/america-first-collides-with-decline-and-fall-beyond-libor/

Rethinking debt ratios, Beyond Libor

Rethinking debt ratios, Beyond Libor

Thursday 17 September 2020   –   Vol.11 Ed.38.4

Commentary: Rethinking debt ratios

By Meghnad Desai in London

William White put forward a masterly analysis of the prospects for the global economy. He writes that since the 1970s, monetary policy has dominated, with explicit inflation targeting as its guiding principle. The great moderation, from the mid-1980s until 2007, presented the ideal conditions. Before the pandemic, governments already had high debt to...

https://www.allaboutshipping.co.uk/2020/09/17/rethinking-debt-ratios-beyond-libor/

MC will have own digital cloud; 3 new cases, 4 cures; plus two more items

MC will have own digital cloud; 3 new cases, 4 cures; plus two more items

Good Morning Monaco

Thursday, September 17, 2020

Three new coronavirus cases were reported in Monaco on Wednesday, taking the total since the start of the outbreak to 181.

The Prince’s Government has detailed the digital side of its recovery plan which is being gradually implemented by Extended Monaco.

Prince Albert urges others to join coral initiative

A...

https://www.allaboutshipping.co.uk/2020/09/17/mc-will-have-own-digital-cloud-3-new-cases-4-cures-plus-two-more-items/

Mark Sobel on Fed cuts, On the road to a US-German trade war, Islamic finance growth and more

Mark Sobel on Fed cuts, On the road to a US-German trade war, Islamic finance growth and more

THE WEEKEND REVIEW

Latest opinion and analysis from OMFIF around the world

29 July-2 August 2019, Vol.10 Ed.31
Most-Read Commentary
Deciphering FOMC rate-cut rationale:Financial market participants mainly expect a 25 basis point cut in the fed funds rate at the end-July FOMC meeting.

But the subsequent outlook for further cuts beyond July is clouded. Some expect another two or even three rate cuts.

However,...

http://www.allaboutshipping.co.uk/2019/08/03/mark-sobel-on-fed-cuts-on-the-road-to-a-us-german-trade-war-islamic-finance-growth-and-more/

+ More