On August 25, 2017, US President Donald Trump issued an executive order (EO) limiting the government of Venezuela’s ability to access certain types of international financing. The new measures build on existing … [Read more...]
US Penalizes ExxonMobil for Violating US Sanctions on Russia
On July 20, 2017, the US Treasury Department Office of Foreign Assets Control (OFAC) announced that ExxonMobil (Exxon) must pay a $2 million penalty for violating US sanctions on Russia. On the same day, Exxon … [Read more...]
Update on Termination of Sanctions on Sudan
Among the Obama administration's final actions was issuance of Executive Order 13761 (Jan. 13, 2017) suspending most United States trade sanctions against Sudan. The EO asserted that the reasons for imposing … [Read more...]
Treasury Deep-Staters Go After ExxonMobil on Trumped-up Charges
ExxonMobil – a favorite whipping boy of the left – found itself back in the deep state’s crosshairs this week. The Treasury Department’s Office of Financial Asset Control, a haven for burrowed … [Read more...]
Treasury announces new sanctions aimed at North Korea
The Treasury Department on Thursday targeted four Chinese entities and nationals for their ties to the government of North Korea, banning them from the U.S. financial system. The Treasury’s Office of Foreign … [Read more...]