Trade finance flows drop
Global trade finance volumes are falling at a worrying level. Government-backed export credit agency financing is taking the slack but it can't do it all.
Global trade flow finance volumes dropped almost 39% to $7.9 billion (via 67 deals) in the first quarter, compared to $12.9 billion (via 177 deals) in the first quarter of 2011, according to Dealogic trade finance data.
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