No. 45



US Congress Passes New Sudan Sanctions Act

The US House of Representatives last week passed the Sudan Peace Act (SPA), a bill which aims for the first time to influence the behavior of a foreign government by restricting corporate access to US capital markets. If enacted, the SPA would effectively de-list companies from the New York Stock Exchange which are doing business with Sudan. This would include Canada's Talisman Energy, which trades about 20% of...