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Table of contents

Editor's note by Ron Katz
Developing countries chase more L/C business by Mark Ford
Electronic Trade News New online courses for trade finance professionals by Leo Cullen
How L/Cs are faring in the economic turmoil: a view from four countries US: "the volumes being traded ... are down 50-75 per cent from their peak" by Michael Quinn
How L/Cs are faring in the economic turmoil: a view from four countries Europe: "The crisis could well enhance the position of the L/C" by Kim Christensen
How L/Cs are faring in the economic turmoil: a view from four countries China: "It's not as easy ... to obtain a Chinese bank's approval" by Wang Shanlun
How L/Cs are faring in the economic turmoil: a view from four countries Israel: " ... a marked decrease in L/Cs issued by Israeli banks" by Sarah Younger
ECB member sees return to L/Cs
ICC: "Trade finance is still open today but limited"
Expert Commentary Recent stop-payment order cases in China by King-tak Fung
Queries and Responses Five recent Banking Commission Opinions on UCP 600
Documentary Dialog Should a "statement of breach" be required in the URDG? by N.D. George and Sir Roy Goode
International Bulletin Reporters from four countries
Visit iccbooks.com
Point of view The URDG revision: a CLP member's view by Christoph Martin Radtke
SWIFT News New guidelines for corporate-to-bank communications by Robert Marchal
L/Cs for China's solar manufacturers
In brief