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2010/10/04
(European Council, Brussels, 10 September 2010) Brief minutes of the EC Export Credits Group for their 10 September 2010 meeting and the agenda for their 13-14 October 2010 meeting provide an... more
2010/10/03
(GegenStrömung, Batman Turkey, 19 October 2010) Individuals and organisations from different parts of the world and Turkey, met 11-17 October 2010 by the Tigris River in the Hasankeyf Solidarity Camp to raise their voices against the Ilısu Dam project which will damage, if... more
2010/10/02
(Flight International & Bloomberg, 6 October 2010) American airlines are protesting that Emirate and Gulf airlines receive favourable financing of aircraft purchases via export credit agency support which is denied to OECD based airlines. They have even accused ECAs of creating overcapacity... more
2010/09/30
(Wall Street Journal, Washington, 13 August 2010) U.S. airlines are weighing in on a multibillion-dollar fight over export subsidies for jetliners, potentially complicating international negotiations over the issue and dimming chances governments will meet a year-end deadline to set new rules.... more
2010/09/10
(Business Wire, Bethesda, 3 August 2010) Nuclear fuel enrichment centrifuge manufacturer USEC Inc. has updated its application for a US$2 billion loan guarantee from the US Dept. of Energy Loan Guarantee Program and is seeking Japanese ECA support through its relationship with Toshiba. France's... more
2010/09/09
(AerCap Holdings, Amsterdam, 24 September 2010) AerCap Holdings announced that it has closed 2 transactions for the financing of 6 Airbus aircraft with the European Export Credit Agencies, led by the UK's ECGD.... more
2010/09/08
(Bloomberg, Baku, Azerbaijan, 15 September 2010) The Nabucco gas pipeline venture had its first round of talks with export credit companies to secure financing for the 7.9 billion-euro ($10.3 billion) link to ship fuel from the Caspian Sea to Europe. Nabucco talked to “a long list†including... more
2010/09/07
(Fox News, Washington, 11 September 2010) Despite President Obama's moratorium on U.S. deepwater drilling in the Gulf of Mexico, the U.S. Export-Import Bank intends to guarantee $1 billion in loans to PEMEX, the Mexican state oil company, to bolster the company's oil drilling in the region. In... more
2010/09/06
(The Wilderness Society, Hobart, 17 September 2010) Gunns Ltd, Australia’s largest logging company, wants to build a polluting pulp mill in Tasmania. Whilst Gunns has stated publicly the mill will be 100% plantation fed from startup, they have a wood supply deal with Forestry Tasmania for at... more
2010/09/05
(iStockAnalyst, Salem, Oregon, 16 September 2010) The China Export and Credit Insurance Corp., Sinosure, China's only policy-oriented insurance company engaging in export credit insurance, said that the company had underwritten 126.93 billion US dollars of credit insurance and guarantee business by... more
2010/09/04
(Oilprice.com, 16 August 2010) NGOs have accused the US Export-Import Bank of “systematic bias towards financing fossil fuel projectsâ€, as the export credit agency prepares to consider backing two giant coal-fired power plants.
2010/09/03
(Pacific Environment and Sierra Club, Washington, 25 August 2010) Bowing to political pressure to reverse its rejection of the 3,960 MW Sasan coal-fired Ultra Mega Power and Mine Project in India, the Export-Import Bank ... more
2010/09/02
(Reuters, Perth, 27 September 2010) Villagers in Papua New Guinea attacked Exxon Mobil's liquefied natural gas project late last week as part of ongoing land disputes within the footprint of the $15 billion PNG LNG project. The project has received... more