Menu
FM Ashkenazi meets with Cypriot FM Nikos Christodoulides

FM Ashkenazi meets with Cypriot FM …

FM Ashkenazi: Israel and ...

MFA hosts virtual conference on digital diplomacy during the corona crisis

MFA hosts virtual conference on dig…

Some 150 participants wil...

PM Netanyahu chairs Corona Cabinet meeting

PM Netanyahu chairs Corona Cabinet …

The goal of the policy is...

Israel marks Memorial Day for the fallen soldiers and victims of terrorism

Israel marks Memorial Day for the f…

Remembrance Day, Yom Hazi...

President Rivlin and FM Katz host reception for the diplomatic and consular corps in Israel

President Rivlin and FM Katz host r…

President Rivlin: Althoug...

Special Holy Fire ceremony held during the coronavirus outbreak

Special Holy Fire ceremony held dur…

The traditional Holy Fire...

PM Netanyahu addresses the ceremony marking Holocaust Martyrs' and Heroes' Remembrance Day

PM Netanyahu addresses the ceremony…

Prime Minister Benjamin N...

Holocaust Martyrs' and Heroes' Remembrance Day 20-21 April 2020

Holocaust Martyrs' and Heroes' Reme…

The official Opening Cere...

Briefing for foreign ambassadors on Coronavirus management and cooperation with the Palestinians

Briefing for foreign ambassadors on…

During the briefing, the ...

Yad L'Achim Opens Hotline for Assistance from Experienced Psychologists, Social Workers

Yad L'Achim Opens Hotline for Assis…

Confused? Under Pressure?...

Prev Next
A+ A A-
Booking.com

Obama Urges Renewal of US Export-Import Bank

VOA News, U.S. President Barack Obama says more small businesses than ever are selling their products aboard, but that could all change unless Congress takes action.

The president said Saturday in his weekly address that unless Congress renews the charter of the U.S. Export-Import Bank, nearly 300,000 businesses could lose their international markets. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products.

He said lawmakers have reauthorized the charter 16 times because the bank works and pays for itself.

Some Republicans lawmakers who supported the bank in the past, now want to put it out of business.

President Obama said if Congress fails to act, thousands of businesses will take "a completely unnecessary hit."

In the Republican address, party chairman Reliance Priebus says there will be less government spending, flexible health care and better education under complete Republican control of Congress. The party needs to pick up six seats in the November elections to win back the Senate.

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.

back to top

Sections

Jewish Traditions

About Us

Community

Cooperations

Follow Us