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United States loans three satellites, worth $1 billion, to Mexico – MEXSAT

Did you know that America had an Export-Import Bank?

 

The Export-Import Bank of the United States (Ex-Im Bank) approved a $922 million loan guarantee to support the export of three satellites and related equipment to the Mexican government for the MEXSAT regional mobile satellite system. Mexico’s Secretariat of Communications and Transportation will purchase the satellites from Boeing Space and Intelligence Systems in El Segundo, Calif. Boeing will produce two satellites with mobile service satellite (MSS) capacity and will subcontract a third satellite with fixed service satellite (FSS) capacity from Orbital Sciences Corporation in Dulles, Va.

The three satellites will be used to deploy the MEXSAT system, a next-generation, space-based communications platform that will help support social and economic development within Mexico. Various sectors will benefit from MEXSAT, including programs focusing on education, health care, disaster relief and rural telephonic service.

Mexico is one of Ex-Im Bank’s nine key markets and accounted for $8.3 billion of the Bank’s worldwide credit exposure at the end of FY 2011. In FY 2012 to date, the Bank has authorized approximately $1.8 billion in financing for U.S. exports to Mexico.

 

Source: Embassy of the United States in Mexico

 

 

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Bob Marley: A Rastafarian’s Tale (trailer)

Oscar-winning filmmaker Kevin Macdonald presents the first authorized portrait of the icon in an attempt to reveal the man behind the myth. Featuring interviews with family members and close associates, Marley is a cinematic elegy paying tribute to the musician’s philosophical convictions and social idealism.

Macdonald chronicles Marley’s life from an impoverished start in a Jamaican shack through his rise to stardom, subsequent political interventions at the triumphant One Love Peace Concert in 1978, conversion to Rastafarianism and tragic denouement in a snowy Bavarian clinic seeking treatment for the melanoma which was to kill him in 1981 at the young age of 36.

Shot predominantly in the verdant Jamaican hills and set to the soundtrack of much-loved Marley classics, Macdonald’s documentary is imbued with a romance befitting the enduring global appeal and overwhelming cultural value of the reggae colossus.

Bob Marley: A Rastafarian’s Tale is released Today.

via Nowness.com.