KHARTOUM, Feb 7 (Reuters) – The U.S. Treasury is preparing to launch a string of civil actions against companies it says have breached sanctions imposed on Sudan for abusing human rights and supporting terrorism, a senior official told Reuters on Thursday.
Agents had built up a “queue” of enforcement actions against violators that will be rolled [...]
KHARTOUM, Aug 3 (Reuters) – Sudan has strong potential for oil exploration and expansion but big European players will be reluctant to invest for fear of pressure from groups advocating divestment because of violence in its Darfur region.
This has left the door open to Chinese firms, less sensitive to shareholder opinion, whose country is hungry [...]
International Herald Tribune
The Bush administration’s new sanctions against Sudan aim to squeeze the country’s economy by freezing Sudanese companies out of American financial institutions and curtailing their dollar transactions. U.S. government officials described the sanctions during recent interviews and press briefings as a significant move to raise the pressure on Omar Hassan al-Bashir, Sudan’s president, [...]
