Tag Archives: export

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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America exports the magic of (billion-dollar) movies

When it comes to exports, America brings movies to the world. So which ones are having the biggest impact?

“The Avengers” is likely to stand with”Avatar,””Titanic”and iterations of “Harry Potter,” “Star Wars,” “Pirates of the Caribbean,” “Lord of the Rings,””Toy Story” and”Transformers,” as one of a new breed of globally dominant film franchises.

via LA Times

These are the billion dollar movies with the highest worldwide gross. Comics, sci-fi, magic, history, pirates, animation, and fantasy.

Not bad compared to some elements of our culture we could be sending overseas. Of course, the main reason these are successful is largely due to their extensive action scenes which easily cross-over the language barrier

The latest movie having a huge impact overseas, “Avatar”, came in this weekend with $200.3 million in the United States and $151.5 internationally, for one-week total of $441.5 million.

 

// Photo – gtall1