NO. 51


Financial and Banking News

Budgets & Revneues

Iraq Seizes Assets of Countries Imposing Sanctions

Iraq announced on 19 September that it was seizing the assets of countrieswhich have imposed sanctions against it. The decision was taken in the eveningof 18 September and applies to the assets, and interest or profits from thoseassets, belonging to private institutions or official bodies in the countriesconcerned. The effect of the move, which is a rather...