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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