Midweek Roundup: U.N. Sanctions on South Sudan Could Hit Kenyan Banks, Standard Chartered to Shed UAE Loans, and More

Kenyan banks operating in South Sudan may be affected by proposed U.N. sanctions targeting anyone who undermines peace talks in the African nation, according to Bloomberg, which cited a Kenyan central bank report. The U.N. Security Council is considering sanctions against parties to a conflict that erupted in December after President Salva Kiir accused his former deputy, Riek Machar, of staging a failed coup. More The U.S. Justice Department argued Friday that a defamation lawsuit targeting advocacy group United Against Nuclear Iran should be dropped because forcing the group to open its files would jeopardize national security, The New York...