Myanmar junta uses force on streets; US, UK target finances
March 25, 2021 GMT
YANGON, Myanmar (AP) As Myanmar’s junta used violence again Thursday to try to suppress protests against the military’s takeover, the United States and Britain announced tough sanctions against two holding companies that provide financial sustenance for the army regime.
The U.S. Treasury Department said its action against Myanma Economic Holdings Public Company Limited and Myanmar Economic Corporation Limited targeted the army’s control of large parts of the country’s economy, “which is a vital financial lifeline for the military junta.”
The sanctions against the two companies and their holdings blocks access to any property they control in the United States and effectively bars any U.S. person or company from conducting any sort of business with them, including supplying them with funds or providing goods or services. The department’s Office of Foreign Assets Control can make exception
Myanmar junta uses force on streets; US, UK target finances
sfchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfchronicle.com Daily Mail and Mail on Sunday newspapers.
New Myanmar protests met with force as large numbers return to the streets
lancashiretelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lancashiretelegraph.co.uk Daily Mail and Mail on Sunday newspapers.
New Myanmar protests met with force as large numbers return to the streets
thisislancashire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisislancashire.co.uk Daily Mail and Mail on Sunday newspapers.
After silence strike, Myanmar protests again met with force
local10.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from local10.com Daily Mail and Mail on Sunday newspapers.