PDA

View Full Version : White House imposes additional sanctions on Mugabe regime


MoneyGuy
July 25th, 2008, 12:10 PM
WASHINGTON (MarketWatch) -- The White House imposed further sanctions against the regime of Robert Mugabe on Friday, saying the June 27 election was fundamentally undemocratic. The new sanctions target several Zimbabwean companies that Mugabe and his loyalists use "to illegally siphon revenue and foreign exchange from the Zimbabwean people," the Treasury Department said. All assets of these firms in the United States are frozen and U.S. companies and citizens are barred from conducting business with them. One company frozen was set up to help Mugabe derive personal benefit from mining ventures in the Democratic Republic of the Congo, the Treasury said.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

http://feeds.marketwatch.com/~a/marketwatch/marketpulse?i=jVoQEd (http://feeds.marketwatch.com/~a/marketwatch/marketpulse?a=jVoQEd)

http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=nbc3EJ (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=nbc3EJ) http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=c1Wgzj (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=c1Wgzj) http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=GQVHFj (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=GQVHFj) http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=GOvBpJ (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=GOvBpJ)
http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~4/345789319

More... (http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/345789319/story.aspx)

Fotno
July 25th, 2008, 12:15 PM
We shouldn't have any dealings with this regime.Period.