Tolerance.ca
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

Rule Change Makes More Companies Vulnerable to US Sanctions

Companies, even partly owned by individuals sanctioned by the U.S. government, could find themselves blacklisted as a result of a rule change announced on Wednesday by the Treasury Department. The Treasury, which is responsible for applying and enforcing U.S. sanctions, has had the power to blacklist any company in which a U.S.-sanctioned individual owned at least a 50 percent stake. Under the new rule, companies could see their assets frozen and be prevented from doing business in the...

Read complete article
© Voice of America -


Follow us on ...
Facebook Twitter