New Trend Magazine Internet ed. (

(Phone: 410-435-5000)
Address: P.O. Box 356, Kingsville, MD 21087
[$10 for one year. $1 for sample]
Disclaimer: The views expressed are not necessarily shared by the editors.
Critical responses up to 250 words are accepted.

NEW U.S. MOVES AGAINST SUDAN: Attempts to Destroy Biggest African Nation

Sudan denounces US Treasury decision blocking Sudanese assets KHARTOUM, Oct 22 (AFP) -- The Sudanese government denounced Tuesday as unjustified a decision by the US Treasury Department blocking the financial assets of 12 Sudanese entities, saying it would take the case to international financial institutions. State Finance Minister Ahmed Majzoub Ahmed said in an interview with the official Radio Omdurman that the decision was "a result of pressure by groups hostile to Sudan" and that his government would approach international institutions "for preserving Sudanese rights." However, Ahmed described the blocking decision of little consequence because those companies "have no or little assets in the United States" as Sudan has switched to the euro as its main hard currency from the US dollar. The Office of Foreign Assets Control, an arm of the US Treasury Department, blacklisted the Sudan National Broadcasting Corp., Sudan Radio and TV Corp., and Sudan TV Corp, all based in Omdurman. Others were the Coptrade Eng and Automobile Services, National Cigarettes Co., National Electricity Corp., Posts and Telegraphs Corp., Sudan Tea Co., Sudanese Free Zones and Markets Co., Sudanese Petroleum Corp., Sugar and Distilling Industry Corp., and SFZ, all based in Khartoum. No reason was given for the decision, which came as US President George W. Bush signed legislation calling for sanctions on Sudan if he finds Khartoum is not negotiating in good faith with southern rebels to end a bloody 19-year civil war.
[Courtesy: Sudan Society]

2002-10-23 Wed 05:01ct