The United States has imposed sanctions on a Liberian minister and two top government officials for their involvement in ongoing public corruption in that western African nation.
Nathaniel McGill, Minister of State for Presidential Affairs and Chief of Staff to President George Weah; Sayma Syrenius Cephus, the Solicitor General and Chief Prosecutor of Liberia; and Bill Twehway, the Managing Director of the National Port Authority (NPA), were designated by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on Monday.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.