(Global Capital, London, September 2015) The stated aim of the China-backed Asian Infrastructure Investment Bank (AIIB), officially launched in June 2015, is to respond to a need for massive spending across Asia. But its creation has caused political controversy, with supporters arguing it...
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(Globe & Mail, Toronto, 28 September 2015) General Electric Co. is planning to build a state-of the art $265-million (U.S.) engine plant in Canada, as it shifts more business out of the United States following the collapse of U.S. government-sponsored export financing. GE said Monday it...
more(Financial Post, Johannesburg, 2 March 2015) Export Development Canada is providing South Africa’s national rail operator with a US$450-million loan to finance a major purchase of rail equipment from Quebec-based Bombardier. The rail operator, Transnet SOC Ltd., recently awarded a US$1.2-...
more(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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