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Export Import Bank Of The United States

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Boeing warns against U.S. Ex -Im Bank closure

Closure of the U.S. Export-Import Bank would have very serious consequences for planemaker Boeing Co and hand a competitive advantage to its rival Airbus , a senior executive at Boeing's financing arm said.Senate Banking Committee Chairman Tim Johnson had said on Tuesday Ex-Im Bank, which provides loans and guarantees to help U.S. companies export their goods, could be forced to stop operations in two months unless the Senate approves the nomination of Fred Hochberg as president of the government-run bank."It would not be politically sensible to have a unilateral disarmament of the Ex-Im Bank ... of course it would be very serious if they did," Kostya Zolotusky, managing director of capital markets development at Boeing Capital Corp, told reporters in London on Wednesday.Zolotusky, whose unit arranges financing to support the sale of Boeing products and services, added that the political situation around the bank remained "heated".The conservative free-market group Club for Growth trie...

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  1. BG Group Secures $1.8 Billion US Ex-Im Loan

    BG GROUP PLC (BG.LN), a natural gas company, announced Monday that it secured a 1.8 billion dollar loan from the Export-Import Bank of the United States, saying the ...

  2. Ad Campaign Says ‘Exxon Hates Your Children’

    Oil Change International Executive Director Steve Kretzmann argues the government needs to end tax breaks for oil companies.

  3. Ad Campaign Says ‘Exxon Hates Your Children’

    Oil Change International Executive Director Steve Kretzmann argues the government needs to end tax breaks for oil companies.

  4. Boeing wins $1.2 billion Icelandair order

    Boeing said it had reached an agreement to supply Icelandair with 12 737 MAX aircraft which have a $1.2 billion list price.Icelandair said on Thursday it had purchas...

  5. White House Reacts to 'Obama’s America’ Documentary

    "2016: Obama’s America" Director Dinesh D’Souza on the controversy surrounding the film.

  6. Export -Import Bank To Almost Double Australian Lending This Year

    The largest export credit agency in the U.S. expects to almost double its Australian lending portfolio by the end of the year to more than US$5 billion, filling a ga...

  7. Boeing Bidding in South Africa Plane Tender As Market Looks Set To Take-off

    U.S. airplane maker Boeing Co. (BA) is bidding in a South African Airways tender to update its airplane fleet as the Africa market looks poised for take off."We have...

  8. Stocks Fall for Second-Straight Session

    FBN’s Adam Shapiro breaks down the day in the markets.

  9. Australian LNG Project Secures $8.5 Billion Project Finance

    Export credit agencies in the U.S. and China have joined over a dozen banks to offer US$8.5 billion to an Australian joint venture planning to liquefy unconventional...

  10. Australian Gas Project Secures US$8.5 Billion Of Project Finance

    An Australian gas-export joint venture between Origin Energy Ltd. (ORG.AU), ConocoPhillips (COP) and China Petroleum & Chemical Corp., or Sinopec, has signed agreeme...

  11. Update: Origin Open To Selling More Equity In Australia LNG

    Origin Energy Ltd. (ORG.AU) is willing to sell more equity in an Australian gas-export venture that will supply customers in China and Japan, as it works toward tyin...

  12. House Votes to Renew Ex -Im Bank

    The House of Representatives on Wednesday voted to renew the U.S. Export-Import Bank's charter until September 2014 and gradually raise its lending cap to $140 billi...

  1. Senator urges quick action on Ex-Im nominee Hochberg

    Senate Banking Committee Chairman Tim Johnson on Tuesday warned the U.S. Export-Import Bank could be forced to stop operations in two months unless the Senate quickl...

  2. Group steps up effort to shut down Export -Import bank

    A conservative free-market political group on Tuesday stepped up its effort to shut down the Export-Import Bank, less than a year after Congress voted to renew the b...

  3. U.S. Ex-Im chief defends bank as critics take aim

    The president of the U.S. Export-Import Bank on Thursday defended his agency from conservative Republicans who want to close it down, as well as against a new compla...

  4. U.S. Ex-Im chief defends bank, as Delta strikes again

    The president of the U.S. Export-Import Bank on Thursday defended his agency in face of attacks by conservative Republicans who want to close it and a new complaint ...

  5. Delta sues Ex -Im Bank over loan guarantees for foreign airlines

    Delta Air Lines Inc has sued the Export-Import Bank of the United States over loan guarantees given to support purchases of Boeing Co's widebody planes by certain fo...

  6. Delta Air Lines sues U.S. Export -Import Bank over subsidies

    Delta Air Lines Inc sued the Export-Import Bank of the United States on Wednesday, renewing a legal fight over subsidies that benefit aircraft exporters such as Boei...

  7. U.S. business urges Obama pursue new trade negotiating power

    A leading U.S. business group urged President Barack Obama on Thursday to build on trade successes of the past two years by seeking legislation that would allow him ...

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