Sanctions bite

Economist Intelligence Unit In May 2007, when the US tightened its economic sanctions on Sudan in response to the ongoing humanitarian crisis in Darfur, few observers thought the move would have much effect. Years of US sanctions—originally imposed during the previous north-south civil war—meant that bilateral trade and investment were already almost non-existent. Six months […]

Prepared Remarks of Office of Foreign Assets Control Director

Prepared Remarks of Office of Foreign Assets Control Director Adam J. Szubin on the Treasury Department’s Role in Addressing the Situation in Darfur Before the Senate Committee on Banking, Housing and Urban Affairs Washington, DC — Chairman Dodd, Ranking Member Shelby and Members of the Committee, thank you for the opportunity to speak to you […]