Myanmar executions revive pressure for more sanctions [Financial Post (Toronto, Ontario, Canada)]
POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX)
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Source: Financial Post
Human rights advocates and comments by U.S. lawmakers suggest the Senate is inching toward passage of the Burma Act, legislation already passed by the House of Representatives. Among other actions, it would pave the way for sanctions on Myanmar Oil and Gas Enterprise, or MOGE, a state-controlled company that is a vital source of hard cash for the impoverished nation. That makes MOGE a key target in the push to cut off funding for the military’s efforts to quash a widespread public backlash against its February 2021 seizure of power. Myanmar, also called Burma, has been ruled by the military for most of the past 70 years. The army’s takeover interrupted a gradual transition toward democratic civilian government and a more modern, open economy and resulted in a slew of sanctions against the military, which controls many industries, army family members and cronies. The hangings in late July of four political activists prompted condemnation and stronger calls from U.S. lawmakers and ot
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PKX
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/15/24 - Form 6-K
- PKX's page on the SEC website