Obama executive order will give Treasury authority to freeze U.S.-based assets in Yemen
Source: washington post
President Obama plans to issue an executive order Wednesday giving the Treasury Department authority to freeze the U.S.-based assets of anyone who “obstructs” implementation of the administration-backed political transition in Yemen.
The unusual order, which administration officials said also targets U.S. citizens who engage in activity deemed to threaten Yemen’s security or political stability, is the first issued for Yemen that does not directly relate to counterterrorism.
Unlike similar measures authorizing terrorist designations and sanctions, the new order does not include a list of names or organizations already determined to be in violation. Instead, one official said, it is designed as a “deterrent” to “make clear to those who are even thinking of spoiling the transition” to think again.
The official was authorized to discuss the new order on the condition of anonymity.
Read more: http://www.washingtonpost.com/world/national-security/president-obama-executive-order-will-give-treasury-authority-to-freeze-us-based-assets-in-yemen/2012/05/15/gIQALWPUSU_story.html
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