The United States has imposed Sanctions on a Myanmar warlord and militia over their links to cyber scam operations.
The Department of the Treasury's Office of Foreign Assets Control sanctioned the Karen National Army as a transnational criminal organization, along with the group's leader Saw Chit Thu and his two sons, Saw Htoo Eh Moo and Saw Chit Chit, for their role in facilitating cyber scams that harm U.S. citizens, human trafficking, and cross-border smuggling.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.