Publications Index
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2009/03/04
(Financial Times, London, 6 March 2009) Two British men face up to 55 years in a US prison for alleged participation in a Nigerian bribery scheme in one of the most dramatic signs yet of the long arm of US anti-corruption laws. They allegedly funnelled tens of millions of dollars to Nigerian... more
2009/03/03
(ECGD, London, 30 January 2009) In reply to a Freedom of Information Act enquiry by The Corner House, ECGD acknowledges it was aware, prior to its decision to support the BTC project, of NGO warnings that the BTC project might incite Russia to act to reassert its control over oil and gas exports... more
2009/03/02
(Telegraph, London, 28 February 2009) The Department for Business has brought in experts from the Export Credit Guarantee Department (ECGD), which insures large export orders secured by British companies with overseas government customers, to assess the risk profile of bank loan portfolios to be... more
2009/03/01
(Wall Street Journal, Washington, 11 March 2009) The USA and UK will propose a global plan to the G20 meeting in London next week to provide several hundred billion dollars in trade financing to fight a sharp contraction in global trade. About half would go for increased funding of export credit... more
2009/02/11
(Business Day, Johannesburg, 16 February 2009) Export credit agencies will account for a big portion of the funding of national oil company PetroSA’s 400,000 barrels a day crude oil refinery in Coega, Port Elizabeth, the company said last week. the project was designed to comply with the... more
2009/02/10
(US Dept. of Justice, Washington, 24 February 2009) A former employee of the Export-Import Bank of the United States (Ex-Im Bank) has been indicted on corruption and tax violations arising from her alleged receipt of a $100,000 bribe while working at the Ex-Im Bank. The indictment alleges that... more
2009/02/09
(IHT, Paris, 1 February 2009) Billions of euros earmarked last week by the French government to keep the credit crunch from choking off revenue to the European plane maker Airbus might, analysts said, end up helping to finance its next-generation aircraft, the A350, in what once might have been... more
2009/02/08
(UPI Asia, Toronto, 13 February 2009) Competing with the US, Japan, France and Russia, Atomic Energy of Canada will benefit from a Jan. 19 agreement concluded by Trade Minister Stockwell Day following the Indo-U.S. nuclear deal, to cooperate in building nuclear power plants in India. Whoever gets... more
2009/02/07
(Earthtimes, Schaumburg, Ill. 11February 2009) Zurich in North America's Surety, Credit & Political Risk group today announced the successful completion of an initial transaction with SACE, a leading credit insurance group controlled by Italy's Ministry of Economy and Finance. Under the terms... more
2009/02/06
(ENS, San Francisco, 7 February 2009) Environmental groups and cities won a settlement Friday in a precedent-setting lawsuit that sought to force two U.S.... more
2009/02/05
(OECD, Paris, 5 December 2008) Member countries of the Working Party on Export Credits and Credit Guarantees submit their cash flow results for officially supported export credits to the Secretariat on an annual basis. Tables I, II, III, IV and V present 2007 and previous years’ results expressed... more
2009/02/04
(ECA Watch, Ottawa, 23 February 2009) On 17 Dec. 2008 the ECG published a revised survey format for member reporting on Common Approaches procedures and practices on its web site. This format was... more
2009/02/03
(OECD, Paris, 12 February 2009) Following the 105th Participants Meeting which took place on the 21st January 2009, the Participants to the Arrangement on Officially Supported Export Credits have agreed to some modifications to the rules of the Arrangement, i.e.:* A change in the definition of... more
2009/02/02
(Reuters, Beijing 6 February 2009) - Tang Ruoxin, chief of Chinese ECA Sinosure since the agency was established in 2001, has been kicked out of his post and the Communist Party over allegations that he accepted bribes, the country's insurance regulator said.
2009/02/01
(Pacific Environment, Berkeley, 19 February 2009) JBIC and private banks conditioned their financing for Sakhalin II on Sakhalin Energy's support of the scientific expert Western Gray Whale Advisory Panel (WGWAP), including implemention of all reasonable recommendations of the WGWAP, and providing... more