(Space News, London, 15 April 2016) Britain’s export-credit agency may be the most attractive source of satellite project financing that almost none one has heard of or uses. While its more active counterparts in the United States and France are most comfortable guaranteeing loans only when a...
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2016/04/30
Country: France, United Kingdom, USA
ECAs: COFACE, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: World Trade Organization
2016/04/30
Country: USA
ECAs: Export-Import Bank of the United States
(Trade & Export Finance, Washngton, 7 April 2016) Donald Trump seems to be on course to win the US Republican nomination. Trump, a conservative, is in favour of small government and it is believed would cheerfully close the US export credit agency, US Ex-Im Bank if he could. And although...
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2016/03/31
Country: USA
ECAs: Export-Import Bank of the United States
(Houston Chronicle, Houston, 3 March 2016) The fight to empower a government agency that ensures U.S. companies can compete around the world, and even makes money for the taxpayer, is sadly not over. Ex-Im can't close any deals exceeding $10 million because of conservative opposition in the...
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2016/03/31
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(Seattle Times, Seattle, 22 March 2016) The obscure U.S. Export-Import Bank moved to center stage in Washington’s Democratic presidential contest, as Hillary Clinton and her allies chided Bernie Sanders for opposing the bank, which plays an outsized role in this state. Speaking Tuesday at the...
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2016/02/28
Country: India, USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(Srijan Lokhit Samiti, 9 February 2016) The Export Import Bank of the United States, a financer of Reliance’s Sasan Power Project in Madhya Pradesh, confirmed serious labour rights violations at the project, including 19 deaths. In the report “...
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2016/01/28
Country: Brazil, Canada
ECAs: Export Development Canada
Member: Above Ground
(Above Ground, Ottawa, 11 January 2016) Thomas L. Friedman's "The World Is Flat: A Brief History of the Twenty-First Century" suggests that a level playing field has emerged in the world of global commerce, affording competitors equal opportunity. But this analysis ignores government intrusion...
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2016/01/27
Country: USA
ECAs: Export-Import Bank of the United States
(TXF News, 21 January 2016) In the century of their existence, export credit agencies (ECAs) have rarely been subjected to the level of public scrutiny they find themselves under today... Their advocates claim export credits allow impoverished importers to purchase goods that might otherwise be...
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2016/01/27
Country: USA
ECAs: Export-Import Bank of the United States
(Export Import Bank, Washington, 14 January 2016) The Export-Import Bank of the United States (EXIM Bank) released its...
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2015/12/31
Country: USA
ECAs: Export-Import Bank of the United States
(Wall Street Journal, Washington, 9 December 2015) Legislation signed by President Barack Obama on Friday resurrected the U.S. Export-Import Bank and ended a five-month lapse that revealed far stronger bipartisan backing for the agency than the pitched battle to shut it down suggested. The...
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2015/12/31
Country: USA
Issue: World Trade Organization
(World Grain, Kansas City, 15 December 2015) In a letter to the U.S. Department of Agriculture (USDA) and the Office of the U.S. Trade Representative, the American Soybean Association (ASA) led a coalition of agricultural organizations in urging the U.S. Agriculture Secretary to work toward...
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2015/11/30
Country: USA
ECAs: Export-Import Bank of the United States
(CCJ, Washington, 23 November 2015) President Barack Obama signed into law Friday, Nov. 20, a bill to extend highway funding, which includes Ex-Im renewal, for two weeks. A dozen Senators and 28 Representatives have been delegated to a bicameral conference committee tasked with producing a...
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2015/11/30
Country: Brazil, USA
Issue: European Union, World Trade Organization
(Livemint, Delhi, 2 November 2015) The US has demanded ‘safe harbor’ protection for its controversial farm export credit programme from the disciplines underpinning the World Trade Organization’s agreement on subsidies and countervailing measures despite denying such a flexibility to...
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2015/11/30
Country: Canada, India
ECAs: Export Development Canada
(Bloomberg, Ottawa, 4 November 2015) Tata Group, the Indian owner of assets including Jaguar Land Rover and the Tetley Tea brand, will receive as much as $500 million a year in financing from Canada’s government-owned export development bank. EDC will underwrite loans to the Tata Sons...
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2015/10/30
Country: Canada
ECAs: Export Development Canada
Issue: BRIC countries
(Creamer Media, Johannesburg, 29 October 2015) Canada’s official trade finance agency, Export Development Canada (EDC), has formally established permanent offices in Johannesburg, from where it aims to facilitate $10-billion-worth of business between sub-Saharan African and Canadian companies...
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2015/10/30
Country: Germany, USA
ECAs: Euler Hermes Deutschland AG, Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(New York Times, New York, 10 October 2015) In 2013 the people who dreamed up Big River Steel in Arkansas wanted government aid that would help make the project successful — the kind of aid that groups like Heritage Action and Americans for Prosperity, both generously supported by the right-...
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