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Export-Import Bank authorization lapses, leaving firms in ‘uncharted territory’

WASHINGTON – Authorization for the government bank that has helped more than 100 Arizona businesses do international business expired early Wednesday, leaving the Export-Import Bank in “uncharted territory” for the first time in its 81 years. The U.S. Export-Import Bank’s authorization lapsed at 12:01 a.m. Wednesday as a bill to reauthorize the bank remained stalled […]

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