(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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2016/02/28
Country: India, USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
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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2015/10/30
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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2015/10/30
Country: Japan, USA
ECAs: Export-Import Bank of the United States, Japan Bank for International Cooperation, Nippon Export and Investment Insurance
Issue: Climate Change, Oil, Gas and Mining
(ClimateWire, Washington, 27 October 2015) The Obama administration has crafted a deal with Japan to restrict financing for overseas coal projects, several sources told ClimateWire. The agreement is aimed at influencing other members of the Organisation for Economic Co-operation and Development...
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2015/10/30
Country: USA
ECAs: Export-Import Bank of the United States
(New York Times, Washington, 27 November 2015) The House acted with rare bipartisanship on Tuesday to approve legislation that would reopen the federal Export-Import Bank, after a debate that underscored the split between the party’s traditional pro-business members and ascendant free-market...
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2015/09/30
Country: Canada, China, Japan, United Kingdom, USA
ECAs: EXIM Bank China, Export Development Canada, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: BRIC countries
(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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2015/09/30
Country: Canada, USA
ECAs: Export Development Canada, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Aircraft, OECD, World Trade Organization
(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...
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2015/09/30
Country: China, Japan, USA
Issue: Climate Change, Oil, Gas and Mining
(Reuters, London, 30 September 2015) China's promise to curb public funding of "highly polluting projects" has isolated Japan and increased the pressure to close a deal to phase-out coal export subsidies after months of wrangling. The Paris-based Organisation for Economic Cooperation and...
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2015/08/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(Fortune, 25 August 2015) In the months leading up to an expected vote to reauthorize the U.S. Export-Import bank, Boeing did what large corporations with lots of cash and deft political maneuvering skills often do so well. It spoke softly and lobbied hard, scattering a few pro-Export-Import...
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2015/07/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(Moodys, New York, 22 July 2015) Without the renewal of the US Export-Import Bank charter, which Congress allowed to expire at the end of June 2015, aerospace giant The Boeing Company will take the biggest blow, says Moody's Investors Service in a new report. Moody's does expect that the US...
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