The World - News from July 27, 1989
Because of exceptions intended to ease the impact on American businesses, the Panamanian government is expected to receive more than half the money it was to have been denied under U.S. economic sanctions, the General Accounting Office reported. The congressional watchdog agency said the U.S. Treasury, responding to hundreds of appeals from businesses in the United States and Panama, authorized 46 exceptions allowing certain types of payments to the regime of strongman Manuel A. Noriega. Responding to the GAO report, Rep. Sam Gejdenson (D-Conn.) blamed contradictory goals for the U.S. failure to oust Noriega through economic pressure.
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