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…
Billions Meant for US Small Businesses Go to China, Russia: Watchdog
Export-Import Bank Billions Meant for US Small Business Going to China, Russia, Other Corrupt Regimes
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 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…
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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