Trade Correspondent, Washington DC, USA
Krista's Feed
Sep 10, 2014

U.S. exporters wary of short-term Ex-Im extension

WASHINGTON, Sept 10 (Reuters) – U.S. businesses that rely on
the Export-Import Bank for financing are uneasy about a
Republican plan for a nine-month extension of the bank’s
charter, fearing uncertainty about the lender’s future could put
them at a disadvantage against overseas competitors.

Export-Import Bank President Fred Hochberg told the Reuters
Aerospace and Defense Summit on Wednesday that, although he did
not want to pre-judge the decision by lawmakers, the norm had
been five-year extensions.

Sep 10, 2014

House Republicans propose extend Ex-Im Bank through mid-2015

WASHINGTON, Sept 9 (Reuters) – Republican leaders in the
House of Representatives on Tuesday proposed extending the U.S.
Export-Import Bank’s charter through June 30 next year, a
Republican aide said on Tuesday, granting a temporary reprieve
for the export lender.

The extension was included in a proposed bill to temporarily
fund the U.S. government through Dec. 11 at current spending
levels. The measure, announced by the House Appropriations
Committee, could come up for a vote as early as Thursday.
.

Sep 9, 2014

House Republicans look to extend Ex-Im Bank through mid-2015: aide

WASHINGTON (Reuters) – Republican leaders in the House of Representatives will propose extending the U.S. Export-Import Bank’s charter through June 30 next year, a Republican aide said on Tuesday, granting a temporary reprieve for the export lender.

The extension would be added to a bill to temporarily fund the U.S. government after Sept. 30, the House Republican aide said. That could come up for a vote as early as Thursday.

Sep 9, 2014
Sep 9, 2014
Sep 9, 2014
Sep 8, 2014

Analysis – U.S. Ex-Im Bank’s satellite push complicates its fight for survival

WASHINGTON (Reuters) – The U.S. Export-Import Bank, caught in a rare political storm over its mission, is fighting for survival and its best line of defence is to debunk criticism that the 80-year-old institution favours corporate giants over small businesses.

Yet even as bank officials showcase their work for the little guy, they have also been focussing their energy on global satellite deals geared towards space giants like Lockheed Martin and Spacex, building that sector into the faster growing bit of Exim’s portfolio.

Sep 8, 2014
Sep 8, 2014

U.S. Ex-Im Bank’s satellite push complicates its fight for survival

WASHINGTON (Reuters) – U.S. Export-Import Bank, caught in a rare political storm over its mission, is fighting for survival and its best line of defense is to debunk criticism that the 80-year-old institution favors corporate giants over small businesses.

Yet even as bank officials showcase their work for the little guy, they have also been focusing their energy on global satellite deals geared towards space giants like Lockheed Martin and Spacex, building that sector into the faster growing bit of Exim’s portfolio.

Sep 4, 2014
    • About Krista

      "I write about trade from Washington DC, where I moved in August 2013. IN nine years with Reuters, I have written about the Latin American economy from Mexico City and European Central Bank from Frankfurt. In a previous life, I worked in Australia and covered the economy and national politics for local news agency AAP."
      Joined Reuters:
      2004
      Languages:
      English, German, Spanish, Portuguese
    • More from Krista

    • Contact Krista

    • Follow Krista