(Manufacturing Net, 4 November 2016, New Jersey) Small ecommerce business need better export credit support for online export working capital loans. 97% of American micro and small businesses that sell on eBay export, as opposed to the 1% of brick-and-mortar U.S. businesses that export... The...
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2016/11/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Large Dams
(Environmental Finance, 15 November 2016, Washington) On a promising note, the US recently led successful opposition to...
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2016/10/31
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(Medium, Washington, 15 October 2016) Friends of the Earth USA conducted a field study of the impacts of the development of liquefied natural gas on rural communities and their lands in northern Mozambique, a project considered for financing by the U.S. government Export Import Bank. Friends of...
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2016/10/31
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(NASDAQ, New York, 10 October 2016) Boeing's third-quarter 2016 commercial deliveries of 188 airplanes were down due to lower demand for the 737, 777 and 787 Dreamliners. During the release of first-quarter delivery numbers, CEO Muilenburg had revealed that the company is losing out on...
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2016/10/31
Country: USA
ECAs: Export-Import Bank of the United States
(Business Wire, Washington, 25 October 2016) [A vignette from the polarized US debate over Ex-Im] Citizens Against Government Waste (CAGW) named Rep. Charlie Dent (R-Pa.) its October Porker of the Month for his efforts to allow the wasteful Export-Import (Ex-Im) Bank to function with limited...
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2016/09/30
Country: France, USA
ECAs: Export-Import Bank of the United States
(Space News, Vermont, 14 September 2016) The OneWeb constellation, with a total of 900 low orbiting satellites whose capital cost has been estimated at around $3.5 billion including ground spares, is seeking export-credit agency support. But the U.S. Export-Import Bank remains on the sidelines...
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2016/09/30
Country: Canada
ECAs: Export Development Canada, Export-Import Bank of the United States
(Macauhub, Macau, 29 September 2016) Canada’s export credit agency will finance the purchase by Angola of 100 locomotives from US group General Electric, according to an authorization granted by presidential order. The order authorizes the state to borrow US$429.5 million from the Canadian...
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2016/09/30
Country: Canada, United Kingdom
ECAs: Export Development Canada
(The Telegraph, London, 17 September 2016) Canada is setting up an export agency office in the UK in an attempt to boost trade links with one of its biggest trading partners after the EU referendum. In the latest indication of the desire of non-EU countries to do more business with the UK,...
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2016/09/30
Country: USA
ECAs: Export-Import Bank of the United States
(SDC Executive, Arizona, 15 September 2016) A growing number of business groups are urging House and Senate leaders to approve a spending bill allowing the Export-Import Bank to approve larger loans again. Fifteen groups sent a letter calling on congressional leadership to include a temporary...
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2016/08/30
Country: Canada, USA
ECAs: Export Development Canada, Export-Import Bank of the United States
(Compressor Tech News, Waukesha, WI, 26 August 2016) GE has started constructing its multimodal manufacturing facility in Welland, Ontario, Canada. The facility, a US$165 million investment in its first phase, will manufacture GE Power’s reciprocating gas engines, as well as components for...
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2016/08/29
Country: Argentina
Issue: Debt, OECD
Argentina’s sovereign debt may be outperforming most of its emerging-market peers this year, but the OECD says the country is as risky as North Korea, Venezuela and Iran. The ranking is a remnant from the days when Argentina was still a pariah in international markets -- and it could soon...
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2016/08/29
Country: USA
ECAs: Export-Import Bank of the United States
(Wall Street Journal, Beijing, 9 August 2016) The U.S. Export-Import Bank is vetting major export-financing deals in advance so it can resume lending as soon as a U.S. Senate logjam is resolved, its chairman said Tuesday in Beijing. Fred Hochberg, Ex-Im Banks’ chairman and president, said he...
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2016/08/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: OECD
(Nottingam University, Nottingham, 27 July 2016) This 35 page paper investigates the impact of the US Export-Import Bank on US exports particularly in the wake of international competition from foreign national export credit agencies (ECAs). We employ a gravity framework on a country-industry-...
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2016/07/30
Country: USA
ECAs: Export-Import Bank of the United States
(Export Import Bank, Washington, June 2016) In its June 2016 Report to the U.S. Congress on GLOBAL EXPORT CREDIT COMPETITION Ex-Im noted (on p.55) that in 2015, foreign ECAs acted aggressively to move business away from the United States to their countries. The most notable examples involved...
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2016/07/30
Country: USA
ECAs: Export-Import Bank of the United States
(McClatchyDC, Washington, 12 July 2016) Lawmakers in the House of Representatives, including Rep. Kay Granger, R-Texas, moved Tuesday to assist the embattled...
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