On June 3, 2021, President Biden issued a new executive order (E.O.), “Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of.
US Treasury imposes sanctions against Nicaraguan President s daughter, 3 others ANI | Updated: Jun 10, 2021 03:03 IST
Washington [US], June 10 (ANI/Sputnik): The United States imposed sanctions on four Nicaraguan nationals, including the daughter of President Daniel Ortega, the US Treasury Department announced on Wednesday.
Camila Antonia Ortega Murillo, one of the president s nine children and coordinator of the Creative Economy Commission, was added to the Specially Designated Nationals list run by the Treasury s Office of Foreign Assets Control (OFAC).
The three other sanctioned individuals include Leonardo Ovidio Reyes Ramirez, President of the Central Bank of Nicaragua; Edwin Ramon Castro Rivera, a deputy of the Nicaraguan National Assembly; and Julio Modesto Rodriguez Balladares, a brigadier general of the Nicaraguan Army and executive director of the Military Social Welfare Institute.
The Situation: The EU Blocking Statute prohibits EU operators from complying with certain U.S. sanctions, creating a Catch-22 for EU operators facing two directly opposing legal.
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