The U.S. Department of the Treasury’s Office of Foreign Assets Control amended the Burmese Sanctions Regulations Tuesday to support trade with Burma.
The new regulations will make it easier for U.S.… Continue Reading
A federal judge Thursday refused to approve a settlement of sanctions violations by a subsidiary of Dutch aerospace firm Fokker Technologies Holding.
Federal judge Richard J. Leon of the District of Columbia said the proposed $21 million penalty was “grossly disproportionate to the gravity of Fokker Sercvices’ conduct in a post-911 world.”… Continue Reading
As part of the reforms by President Thein Sein to open up Myanmar after decades of economic isolation, the parliament has approved a new foreign investment law.… Continue Reading
A prominent Burmese activist who had been sentenced to life in prison in absentia has returned to his homeland after his name was removed from a government blacklist.
Moe Thee Zun, left, was cheered by supporters as he arrived at the Rangoon airport on Saturday.… Continue Reading
War is not only hell, it’s corrupt too.
Of the bottom ten countries on Transparency International’s 2010 Corruption Perception Index, six have active wars, insurrections, or major civil disturbances.
Included are Burundi, Chad, Sudan, Iraq, Afghanistan, Myanmar, and bottom-dweller Somalia.… Continue Reading