Small businesses seeking to grow their overseas sales are supposed to be the primary beneficiaries of loan guarantees by the U.S. Export-Import Bank (EX-IM), but a new analysis by a nonprofit government watchdog finds most of the funds go to corporate giants and corrupt regimes overseas. “Small businesses, supposedly the intended beneficiary of the Export-Import…
Export-Import Bank Billions Meant for US Small Business Going to China, Russia, Other Corrupt Regimes
Billions Meant for US Small Business Going to China, Russia: Watchdog
Small businesses seeking to grow their overseas sales are supposed to be the primary beneficiaries of loan guarantees by the U.S. Export-Import Bank (EX-IM), but a new analysis by a nonprofit government watchdog finds most of the funds go to corporate giants and corrupt regimes overseas. “Small businesses, supposedly the intended beneficiary of the Export-Import…
Billions Meant for US Small Businesses Going to China, Russia: Watchdog
Small businesses seeking to grow their overseas sales are supposed to be the primary beneficiaries of loan guarantees by the U.S. Export-Import Bank (EX-IM), but a new analysis by a nonprofit government watchdog finds most of the funds go to corporate giants and corrupt regimes overseas. “Small businesses, supposedly the intended beneficiary of the Export-Import…
Billions Meant for US Small Businesses Go to China, Russia: Watchdog
Small businesses seeking to increase their overseas sales are supposed to be the primary beneficiaries of loan guarantees by the U.S. Export-Import Bank (Ex-Im), although a new analysis by a nonprofit government watchdog finds most of the funds are going to corporate giants and corrupt foreign regimes. “Small businesses, supposedly the intended beneficiary of the…
Biden Turning Export-Import Bank From Weapon Against Chinese Communist Party Into Beijing Ally
Commentary While bad enough that President Joe Biden has nominated in Reta Jo Lewis a longtime, committed appeaser of the oppressive, genocidal, and expansionist People’s Republic of China to chair the Export-Import Bank of the United States, it is probably worse that prominent American business entities continue to gulp down the Kool-Aid about the long…
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