Updates

Kenya: €188m African Development Bank loan to boost COVID-19 response

The loan will extend additional resources to Kenya as the country takes steps to contain the spread of the pandemic and deal with its unprecedented impact May 22, 2020/AfDB The Board of Directors of the African Development Bank (www.AfDB.org) today approved an €188 million loan to support the Government of […]

Weekly Economic and Market Report for May 22, 2020-Cordros

May 22, 2020/Cordros Report Global Economy Japan’s GDP growth recorded its second consecutive quarterly decline in Q1-20, as the economy effectively nosedived into recession – the country’s first recession since 2015. Specifically, the preliminary data showed that Q1-20 growth declined by 0.9% q/q (Q4-19: -1.9% q/q). When annualized, the figure […]

EXIM Board Adopts Key Reforms to Increase Transparency and Protect U.S. Taxpayers

While Supporting U.S. Businesses and Jobs, Following Eleven-Month Review of Economic Impact and Additionality Procedures Also Focuses on New “Channel Operations” Strategy with Lenders and Brokers to Help U.S. Small Businesses Succeed in the Global Marketplace, Extension of COVID-19 Relief Measures Until August 31 May 22, 2020/EXIM The Board of […]