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2010/05/05
(The Telegraph, London, 17 May 2010) Businesses could see trade credit insurance premiums increase as well as cover reduce if their customers suffer weak trading in future, says Coface. It added that businesses would in future be expected to be far more transparent about their current trading... more
2010/05/04
(ECA Watch Austria, Vienna, 17 May 2010) Austria's Andritz AG is the only European company to remain within the controversial Ilisu dam project on the Tigris river in south-eastern Turkey. Alstom (FR/CH) and Züblin (D/AUT) have now pulled out of the project according to a report from the Czech... more
2010/05/03
(Both Ends, Amsterdam, 10 May 2010) In this paper, Both ENDS and partners examine the policies and portfolios of 3 European ECAs & the European Investment Bank (EIB) in developing countries. It shows that the policies of these institutions are not coherent with the climate change policies of... more
2010/05/02
(Bloomberg, Washington, 25 March 2010) Exxon Mobil Corp. and its partners in a $15 billion Papua New Guinea gas project last year paid the travel expenses for employees of the U.S. Export-Import Bank as it considered whether to help fund the venture.
2010/05/01
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2010/04/07
(European Investment Bank, Brussels, 8 April 2010) Dutch ECA Atradius DSB is considering support for a Dutch company interested to work on a Category A project in the Republic of... more
2010/04/06
(International Rivers Network, Berkeley, 31 March 2010) A few years ago, Chinese dam builders and financiers appeared on the global hydropower market with a bang. China Exim Bank and companies such as Sinohydro started to take on large, destructive projects in countries like Burma and Sudan, which... more
2010/04/05
(Xinhua, Beijing, 22 April 2010 China Export and Credit Insurance Corporation (Sinosure), the sole policy-oriented insurer in China, provided 28.57 billion US dollars worth of export credit insurance service during the first quarter of this year, up 227.7 percent on the previous year. ... more
2010/04/04
(Reuters, Geneva, 22 April 2010) Trade finance banks are stepping up pressure on the G20 to ease regulation of the credits that keep global commerce flowing, after a new survey showed credit tightness is still hampering the flow of trade.
2010/04/03
(Wall Street Journal, 31 March 2010) International negotiations to limit billions of dollars in government funding for big airliners are facing a snag over how the rules will be applied to new jet makers, potentially increasing financial uncertainty for struggling airlines and sparking subsidy wars... more
2010/04/02
(FERN, Brussels, 8 April 2010) With the onset of the global financial crisis and the subsequent squeeze in credit and insurance markets, there is a renewed global demand for export credit and investment insurance products offered by ECAs. This short report describes the changing landscape of ECAs... more
2010/04/01
(Financial Times, London, 13 April 2010) A policy reversal that would give British exporters backed by taxpayers’ money greater freedom to use child workers, and even forced labour, faces a legal challenge from human rights activists. ECA Watch member The Corner House... more
2010/03/10
(Latin America Herald Tribune, Quito, 30 March 2010) Ecuador has suspended negotiations with Chinese ECA China Export Import Bank for financing of an almost US$2 billion hydro power plant which would be the country's largest. Ecuador is not going to allow "the government to be mistreated nor for... more
2010/03/09
JBIC and NEXI have published their lists of new projects for the period 26 January 2010 to 30 March 2010.... more
2010/03/08
(BankTrack, Nijmegen, 15 March 2010) Following last year's withdrawal of official export credit agency support for the Ilisu dam, environmental NGOs are now demanding withdrawal of Turkish bank loan commitments for the Ilisu dam project.