(Reuters, Washington, 25 June 2012) U.S. exports could suffer unless a new international agreement is reached to rein in the growing portion of government export financing that is happening outside agreed-upon OECD and WTO rules, says Fred Hochberg, head of the U.S. Export-Import Bank, whose credit exposure cap was recently increased last month to $140 billion from $100 billion, despite opposition from Republicans and other right-wing US opponents.
