Saturday, January 15, 2011

EU Messes with the Ivory Coast; Freezes Bank Accounts

The European Union flexes some Empire-like muscles.

The EU  has raised pressure on today on Ivory Coast leader Laurent Gbagbo to step down, freezing assets of the West African country's cocoa-exporting ports, its state oil firm and three banks, reports Reuters.

The EU first imposed sanctions on Gbagbo and his backers in December after the election that world powers said Ouattara won. Gbagbo cites a Constitutional Council ruling that the results were rigged against him

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