Import bank with chair Kimberly Reed. This is an hour and 20 minutes. [inaudible conversations] the committee will come t the committee will come to order. Today the committee turns its focus to the export import of the United States. Just last month the Senate Confirmed Kimberly Reed to be president and chairman of the Export Import Bank along with board member spencer bach cuss and judith pryor. The nominations of claudia slei Board Members are approved by this committee and pending on the full senate floor. United states exporters are able to compete very effectively in intern International Markets on the basis of price and quality. However, when foreign governments provide subsidies as a matter of policy and general practice to their exporters, u. S. Exporters are placed at a competitive disadvantage purely because of such financing arrangements. According to the 2017 xm bank, competitiveness report, chinese export credit agencies provided more medium and longterm investment suppor
This is an hour and 20 minutes. Today, the committee turns its focus to the export, import men come the United States. Kimberly reed was elected chairman along with judith prior. The nominations of the Board Members have been approved by this committee and are pending on the full senate floor. The United States exporters are able to compete very effectively in International Markets on the basis of price and quality. However, when aggressive foreign governments provide subsidies as a matter of policy or practice to their exporters, u. S. Exporters are placed at a competitive disadvantage purely because of such financing arrangements. ,ccording to the 2017 xm Bank Competitiveness report, chinese export credit agencies provided a more medium and longterm investment support than the rest of the world combined. As President Trump and other senior officials in his administration have noted, a fully functioning exportthanks the import bank has ability to provide financing and level the Playin
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Good morning and welcome to day break australia. We are counting down to asia major market open. Fresh vol volatility. The s p closes as treasury yields retreat. Hamas frees two more hostages as calls grow to rethink a Ground Invasion. And Prime Minister on geo political tensions in the middle east cost of living issues. U. S. Futures are coming online. And. 10. 2 of 1 . Ahead of tech earnings. And traders continue to and ahead of tech earnings season and watching treasury. Traders continue to seek haven. 10year yields slumping after topping that 5 level the first time it touched that level in 2001 and tense volatility. We continue to see downsize for the dollar falling the most in a month and reverse of lowering u. S. Yields and oil gaining. 8 of 1 and fallen the most in more than two weeks as we continue to see more signs from israel that they would hold off on a broader ground incursion of gaza. Hamas militants have freed two more hostages. Lets get more from our political news dire
Says iran supports the legitimate defense of the palestinian nation, holding telaviv and its supporters responsible for endangering regional security. 6 31 p. M. Here in terran, youre watching pres tv news, im your host. Its good to have you this now this really regime keeps pounding the gaza strip following large scale operations by palestinan resistance fighters of in the occupied territories. Explosions of rock gaza, a day after Palestinian Resistance group hamas launched a surprise attack against israel by land, air and sea. Some 370 palestinians have been killed, over 200 oters wounded so far. Meantime hamas says its fired large numbers of artillery. Shells and guided missiles at israely positions in border areas. Hamas says that it launched the unprecedent operation and response to the desecration of alaskamosk as well as israeli atrocities against palestinians over the decades. So far, the operations have left some 600 israels dead and more than 200 others injured. Israeli army