(Reuters, 13 January 2015) Pakistan Mobile Communications (Mobilink), the country's largest telecommunications operator, plans to raise 6.9 billion rupees ($68.6 million) via Islamic bonds this quarter, Pakistan Credit Rating Agency said in a statement. The sukuk, which will be listed, have...
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2015/01/30
(Business Recorder, Karachi, 17 January 2015) Pakistan has reportedly decided to establish the much-delayed EXIM Bank through an Executive Order after formal approval of Prime Minister Nawaz Sharif. This decision was taken at a meeting on January 8, 2015 held by the Ministry of Finance with...
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2015/01/30
Issue: Climate Change, European Union, OECD, Oil, Gas and Mining
(European Parliament, Brussels, 30 January 2015) Twelve members of the European Parliament from 5 of the 7 political groupings in the Parliament have written EU Commissioner for Trade Cecilia Malmström to express their "deep concerns about a non-paper for an EU position for the OECD...
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2015/01/30
Country: USA
ECAs: Export-Import Bank of the United States
(Washington Examiner, 20 January 2015) President Obama did not discuss the Export-Import Bank in his State of the Union address Tuesday night, although the bank faces a June expiration of its charter... Obama has called the bank "critical" to U.S. businesses... It has come under fire in recent...
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2015/01/29
Country: Canada, USA
ECAs: Export Development Canada, Export-Import Bank of the United States
(Mondaq, Washington, 9 January 2015) Satellite industry becomes fastest growing of U.S. Ex-Im Bank’s credit sectors, with growth from $50m to $1b in loans per year since 2010; Export Credit Agency of Russia announces plans to actively support ILS ; and Export Development Canada provides €123m...
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2015/01/29
Country: USA
ECAs: Export-Import Bank of the United States
(Channel Partners, Arizona, 9 January 2015) After more than a half-century of animosity between the U.S. government and the Communist regime under Fidel Castro, and now his brother Raúl, the Obama administration moved last month to establish diplomatic relations with Cuba and create a framework...
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2015/01/29
Issue: Climate Change, European Union, Oil, Gas and Mining
(Reuters, Brussels, 15 January 2015) European makers of equipment for coal-fired power plants should receive financial help to export it, an EU discussion paper seen by Reuters says, in a clash with the bloc's declared aim to lead the global fight against climate change. Coal is the most...
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2015/01/29
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change, Oil, Gas and Mining
(CleanTechnica, 12 January 2015) The UK government has, over the years 2010–2014, provided support totaling £1.76 billion (via Export Credit Guarantees) to fossil fuel industries abroad, according to a recent analysis from the EnergyDesk... Prime Minister David Cameron has repeatedly (in recent...
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