Tag: debacle

Kodak Loan Debacle Puts a New Agency in the Hot Seat

October 25, 2020
WASHINGTON — At a virtual conference in September, Adam Boehler, chief executive of the U.S. International Development Finance Corporation, described his nascent agency as a bulwark against China’s “economic colonialism” — with $60 billion in annual lending authority to counter Beijing’s strategy of spreading its global influence with low-interest infrastructure loans.But in recent months, Mr.