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Overseas Private Investment Corporation
The Overseas Private Investment Corporation (OPIC) was the United States Government's Development finance institution until it merged with the Development Credit Authority (DCA) of the United States Agency for International Development (USAID) to form the U.S. International Development Finance Corporation (DFC). OPIC mobilized private capital to help solve critical development challenges and in doing so, advanced the foreign policy of the United States and national security objectives. By working with the U.S. private sector, OPIC helped U.S. businesses gain footholds in emerging markets, catalyzing revenues, jobs, and growth opportunities both at home and abroad. It achieved its mission by providing investors with financing, political risk insurance, and support for private equity investment funds when commercial funding could not be obtained elsewhere. Established as an agency of the U.S. government in 1971, OPIC operated on a self-sustaining basis at no net cost to Am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes '' Hemmings Motor News'' and '' Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C., in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations have been established over time: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ray Washburne
Ray Willets Washburne is an American businessman, political fundraiser, and government official. He co-founded the M Crowd Restaurant Group, which owns Mi Cocina and other restaurants. He served as President and CEO of the Overseas Private Investment Corporation from 2017 to 2019 and as a member of the President's Intelligence Advisory Board from 2019 to 2020. Previously, he has served as an adjunct professor at Cox School of Business. Career Business Washburne is a co-founder of the M Crowd Restaurant Group, owning forty-six restaurants, including the Mi Cocina and Taco Diner restaurant chains. He also has real-estate developments in several states and is the CEO of Charter Holdings. In 2009, Washburne and his family bought the Highland Park Village, an upscale shopping center in Dallas, for $170 million (~$ in ). In December 2020, Washburn'e HP Village Management was contracted by the owners of Knox Street District in Dallas to assist with the leasing, marketing, and m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Bohigian
David Steele Bohigian is an American businessman, investor, venture capitalist, and government official. He served as the acting president of the Overseas Private Investment Corporation, the former development finance institution of the United States government, from March to December 2019. Bohigian had previously served as the corporation's executive vice president. He was confirmed by the Senate by voice vote in August 2017 under the Donald Trump administration. Bohigian also served as Assistant Secretary of Commerce for Market Access and Compliance under President George W. Bush. Education Bohigian graduated with a bachelor’s degree in journalism from Washington and Lee University in 1992 and a Juris Doctor degree from Washington University School of Law in St. Louis in 1995. Career After graduating, Bohigian served as a director and equity partner at venture capital firm Jefferson Partners from October 1995 to June 1999. In 1999, Bohigian co-founded and served as a manag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of the United States, federal government and is the Powers of the president of the United States#Commander-in-chief, commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Presidency of Franklin D. Roosevelt, Franklin D. Roosevelt and Presidency of George W. Bush, George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Assistance Act
The Foreign Assistance Act (, et seq.) is a United States law governing foreign aid policy. It outlined the political and ideological principles of U.S. foreign aid, significantly overhauled and reorganized the structure of U.S. foreign assistance programs, legally distinguished military from nonmilitary aid, and, through executive order by President John F. Kennedy Jr., resulted in a new agency, the United States Agency for International Development (USAID) to administer nonmilitary economic assistance programs. Following its enactment by Congress on September 4, 1961, President John F. Kennedy signed the Act into law on November 3, 1961, issuing Executive Order 10973 detailing the reorganization. Synopsis USAID unified already existing U.S. aid efforts, combining the economic and technical assistance operations of the International Cooperation Administration, the loan activities of the Development Loan Fund, the local currency functions of the Export-Import Bank, and the agr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacob Javits
Jacob Koppel Javits ( ; May 18, 1904 – March 7, 1986) was an American lawyer and politician from New York. During his time in politics, he served in both chambers of the United States Congress, a member of the United States House of Representatives from 1947 to 1954 and a member of the United States Senate from 1957 to 1981. A member of the Republican Party, he also served as Attorney General of New York from 1955 to 1957. Generally considered a liberal Republican, he was often at odds with his own party. A supporter of labor unions, the Great Society, and the civil rights movement, he played a key role in the passing of civil rights legislation. An opponent of the Vietnam War, he drafted the War Powers Resolution in 1973. Born to Jewish parents, Javits was raised in a tenement on the Lower East Side of Manhattan. He graduated from the New York University School of Law and established a law practice in New York City. During World War II, he served in the United States Army's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clement Zablocki
Clement John Zablocki (November 18, 1912December 3, 1983) was a Polish American politician from Milwaukee, Wisconsin. He was one of Wisconsin's longest-serving members of the U.S. House of Representatives, representing Wisconsin's 4th congressional district for 18 terms, from 1949 until his death in 1983. A liberal Democrat, he built his reputation in foreign policy by taking strong anti-communist positions and supporting the Vietnam War. He was a sponsor of the original Gulf of Tonkin Resolution which launched the American intervention, but near the end of the war he was a driving force for the War Powers Resolution, which sought to put restraints on the war-making powers of future presidents. He rose to become chair of the House Foreign Affairs Committee for the last seven years of his career. Early life and education Clement Zablocki was born, raised, and lived most of his life in Milwaukee, Wisconsin. The son of Polish immigrants, he grew up speaking both Polish and Engl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Profit Motive
In economics, the profit motive is the motivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in the sense of "increasing net worth". Stated differently, the reason for a business's existence is to turn a profit. The profit motive is a key tenet of rational choice theory, or the theory that economic agents tend to pursue what is in their own best interests. In accordance with this doctrine, businesses seek to benefit themselves and/or their shareholders by maximizing profits. As it extends beyond economics into ideology, the profit motive has been a major matter of contention. Economics Theoretically, when an economy is fully competitive (i.e. has no market imperfections like ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project Finance
Project finance is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors. Usually, a project financing structure involves a number of equity investors, known as 'sponsors', and a 'syndicate' of banks or other lending institutions that provide loans to the operation. They are most commonly non-recourse loans, which are secured by the project assets and paid entirely from project cash flow, rather than from the general assets or creditworthiness of the project sponsors, a decision in part supported by financial modeling; see Project finance model. The financing is typically secured by all of the project assets, including the revenue-producing contracts. Project lenders are given a lien on all of these assets and are able to assume control of a project if the project company has difficulties complying with the loan terms. Generally, a special purpose entity is created for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marshall Plan
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion (equivalent to $ in ) in economic recovery programs to Western European economies after the end of World War II in Europe. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948, though in 1951, the Marshall Plan was largely replaced by the Mutual Security Act. The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize Manufacturing, industry, improve European prosperity and prevent the spread of communism. The Marshall Plan proposed the reduction of interstate barriers and the economic integration of the Europe, European Continent while also encouraging an increase in productivity as well as the adoption of modern business procedures. The Marshall Plan aid was divided among the participant sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
