Just on the lifting of sanctions and what was reported last week of increased sanctions on individuals and entities in Zimbabwe, it seems like the reports highlight whatever the writer wants highlighted. So I went to the official source...
"These steps are concurrent with the termination of the preexisting Zimbabwe sanctions program that began in March 2003 and expanded on in subsequent orders. Actions to retire the previous sanctions program and designate key actors under the Global Magnitsky sanctions program are part of an ongoing effort to ensure we are promoting accountability for serious human rights abuse and corruption in a targeted and strategic manner. "
So individuals and entities have had sanctions placed on them, but the country of Zimbabwe is now OK for US companies to invest in..
IVZ Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held
