A thoughtful article from the McClatchey News Service explains why no matter how attractive it may seem now to impose economic sanctions on Libya, that is something easier said than done. Administration aides in Washington told McClatchey that even though…
I’m just going to let this quote from Frank Gaffney in an opinion column in the Washington Times speak for itself: “Given the well-known corruption practices by EADS, it would make common sense that it not be awarded Pentagon contracts.…
File this under the category of all the ways that OFAC helps me sleep better at night. The Sarasota Yacht Club, which was probably founded by Che Guevara, cooked up a scheme to threaten U.S. national security by having a…
U.S. Senators Kirsten Gillibrand (D-NY) and Mark Kirk (R-IL), and U.S. Representatives Ted Deutch (D-FL) and Dan Burton (R-IN) today introduced the Iran Transparency and Accountability Act designed to strengthen U.S. unilateral sanctions against Iran. Although the text of the…
Trans Pacific National Bank recently agreed pay $12,500 penalty to the Office of Foreign Assets Control (“OFAC”) to settle charges that it had facilitated transactions by a foreign person where the transactions by the foreign person would be prohibited if…