
-
Japan says US tariffs 'extremely regrettable', may break WTO rules
-
South Koreans anxious, angry as court to rule on impeached president
-
Juve at in-form Roma with Champions League in the balance
-
Injuries put undermanned Bayern's title bid to the test
-
Ovechkin scores 892nd goal -- three away from Gretzky's NHL record
-
Australian former rugby star Petaia signs for NFL's Chargers
-
China says opposes new US tariffs, vows 'countermeasures'
-
Athletics world watching as 'Grand Slam Track' prepares for launch
-
Heat humble Celtics for sixth straight win, Cavs top Knicks
-
Quake-hit Myanmar's junta chief to head to Bangkok summit
-
New Spielberg, Nolan films teased at CinemaCon
-
Shaken NATO allies to meet Trump's top diplomat
-
Israel's Netanyahu arrives in Hungary, defying ICC warrant
-
Shiny and deadly, unexploded munitions a threat to Gaza children
-
Stocks tank, havens rally as Trump tariffs fan trade war
-
Altomare hangs on to tie defending champ Korda at LPGA Match Play
-
Paraguay gold rush leaves tea producers bitter
-
Health concerns swirl as Bolivian city drowns in rubbish
-
Syria says deadly Israeli strikes a 'blatant violation'
-
Financial markets tumble after Trump tariff announcement
-
Starbucks faces new hot spill lawsuits weeks after $50mn ruling
-
Europe riled, but plans cool-headed response to Trump's tariffs
-
'Shenmue' voted most influential video game ever in UK poll
-
New coal capacity hit 20-year low in 2024: report
-
Revealed: Why monkeys are better at yodelling than humans
-
Key details on Trump's market-shaking tariffs
-
'A little tough love': Top quotes from Trump tariff talk
-
US business groups voice dismay at Trump's new tariffs
-
Grealish dedicates Man City goal to late brother
-
US tariffs take aim everywhere, including uninhabited islands
-
Trump sparks trade war with sweeping global tariffs
-
Israeli strikes hit Damascus, central Syria; monitor says 4 dead
-
Slot 'hates' offside rule that gave Liverpool win over Everton
-
US stocks end up, but volatility ahead after latest Trump tariffs
-
Barca oust Atletico to set up Clasico Copa del Rey final
-
Mourinho grabs Galatasaray coach's face after losing Istanbul derby
-
Grealish strikes early as Man City move up to fourth in Premier League
-
Reims edge out fourth-tier Cannes to set up PSG French Cup final
-
Liverpool beat Everton as title looms, Man City win without Haaland
-
Jota wins bad-tempered derby as Liverpool move 12 points clear
-
Inter and Milan level in derby Italian Cup semi
-
Stuttgart beat Leipzig to reach German Cup final
-
Trump unveils sweeping global tariffs
-
Italian director Nanni Moretti in hospital after heart attack: media
-
LIV Golf stars playing at Doral with Masters on their minds
-
Trump unveils sweeping 'Liberation Day' tariffs
-
Most deadly 2024 hurricane names retired from use: UN agency
-
Boeing chief reports progress to Senate panel after 'serious missteps'
-
Is Musk's political career descending to Earth?
-
On Mexico-US border, Trump's 'Liberation Day' brings fears for future

US warns firms over doing business in Myanmar
The US government warned companies Wednesday to be extremely wary of doing business in Myanmar, citing the risks of being linked to a military government involved in lawlessness and human rights abuse.
Those involved with businesses controlled by the military regime "run the risk of engaging in conduct that may expose them to significant reputational, financial, and legal risks," including breaking sanctions and money-laundering laws, according to a statement from six cabinet-level departments.
Investors and traders were warned specifically to avoid state-owned enterprises, the gems and precious metals sector, real estate and construction projects, and the arms business.
"These entities and sectors have been identified as primary industries providing economic resources for Burma's military regime," the statement said, using the former popular name for the country.
The statement noted that the European Union and other countries have also placed restrictions on doing business with Myanmar since the military seized power in a coup one year ago and has since conducted a campaign of severe and deadly repression against a popular opposition movement.
"The military has unjustly arrested leaders of the democratically elected government, cut off utilities and travel, and committed serious human rights abuses and other abuses against individuals in Burma, including violently suppressing peaceful protests," the statement said.
It also noted that Myanmar has not adequately implemented standard measures to prevent terrorism financing and money laundering, exposing investors and traders to risks in those areas.
The statement, signed by the departments of State, Treasury, Commerce, Labor and Homeland Security and the US Trade Representative, stressed that it is only an advisory and not a legal order.
But it comes as a number of key foreign companies that have invested in the country have withdrawn as the military government continues to tighten control.
Last Friday, energy giants TotalEnergies and Chevron announced they were exiting Myanmar, following other large firms that have pulled out or frozen investment plans, including Norway's Telenor, British American Tobacco, Voltalia of France and Toyota.
"The situation, in terms of human rights and more generally the rule of law, which have kept worsening in Myanmar... has led us to reassess the situation," TotalEnergies said last week.
L.Durand--AMWN