The sanctions imposed by the U.S. Department of the Treasury will block all property in the U.S. and entities owned by Sudan's former Foreign Minister Ali Karti, Sudan-based information company GSK Advance Company Ltd, and the Russian-based military company Aviatrade LLC.
The Treasury said both companies are supporting the Rapid Support Force paramilitary in its fight against the military. Ali Karti was foreign minister under the country's former autocrat Omar al-Bashir who was ousted in a popular uprising in 2019. “He and other hard-line Sudanese Islamists are actively obstructing efforts to reach a cease-fire to end the current war ... and opposing Sudanese civilians’ efforts to restore Sudan’s democratic transition,” the Treasury said.
Sudan plunged into chaos almost six months ago when long-simmering tensions between the military, led by Gen. Abdel Fattah Burhan, and the paramilitary, commanded by Mohammed Hamdan Dagalo, escalated into open warfare.
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US imposes sanctions on former Sudanese minister and 2 companies backing the paramilitary forceCAIRO (AP) — The United States imposed sanctions Thursday on a former Sudanese government minister and two companies tied to the African country's paramilitary force that is locked in monthslong fighting with the Sudanese army. The sanctions imposed by the U.S. Department of the Treasury will block all property in the U.S. and entities owned by Sudan's former Foreign Minister Ali Karti, Sudan-based information company GSK Advance Company Ltd, and the Russian-based military company Aviatrade LLC.
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Crypto exchange Kraken to offer US-listed stocks' tradingKraken will initially offer trading in the United States and the United Kingdom through a service built by a new division called Kraken Securities, and is targeting to launch the service in 2024, the report said. It already holds the required regulatory permits in the United Kingdom and has applied with the Financial Industry Regulatory Authority for a broker-dealer license in the United States, the report added. 'While we can’t comment on rumors or speculation, we’re looking to broaden and enhance our offering so clients continue to have secure and seamless access to Kraken’s full product suite,' a company spokesperson told Reuters.
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