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POLITICO Playbook: Biden looks to pivot after month from hell

POLITICO Playbook: Biden looks to pivot after month from hell
politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.

US Government acts against Myanmar military coup with tough sanctions on timber

US Government acts against Myanmar military coup with tough sanctions on timber - EIA US Government acts against Myanmar military coup with tough sanctions on timber The US Department of the Treasury has today (21 April) hit two major State-owned businesses in Myanmar with trade and economic sanctions. The Treasury’s Office of Foreign Assets Control has formally designated the Myanmar Timber Enterprise (MTE), which is responsible for timber exports from the country. It has also taken action against Myanmar Pearl Enterprise, which handles pearl exports. The sanctions include a block on receiving any goods from the MTE or any payment for the benefit of MTE. This prohibits US companies from purchasing any products that are from MTE, which is the only formal source of Myanmar timber under the current military regime.

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