Remove Books Remove Divestment Remove Global Economy
article thumbnail

Russia and Belarus Sanctions Update – March 7, 2022: U.S. Sanctions, Export Restrictions Escalate as Conflict in Ukraine Continues

Foley & Hoag

Note that any divestment or transfer of covered debt or equity must be to a non-U.S. As with General License 9A, any divestment or transfer must be to a non-U.S. This General License also does not authorize any debit to an account on the books of a U.S. 14024, until June 24, 2022. financial institution of any Directive 4 entity.

Banking 40
article thumbnail

The COVID-19 Pandemic Throws Oil and Coal Industries in a Tailspin

Edouard Stenger

The ongoing COVID-19 pandemic has brought our global economy to a standstill, with fears of the worst recession since 1929. Economies around the world are reeling from the cascading shocks wrought upon them since the beginning of March. (This post was published earlier this year on Medium.