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Podcast: Insight Myanmar
Episode: Emergency Edition: Burning the Midnight Oil
Description: Michael Haack sheds light on the intricate world of US sanctions and their impact on Myanmar Oil and Gas Enterprises (MOGE) and the wider Myanmar military regime. Haack, a familiar voice on the podcast, has spent two decades advocating for Myanmar, playing a pivotal role in the passage of the Burma Act.These latest sanctions, as Haack explains, cut off US financial services to MOGE, affecting loans and transfers, which may seem minor but actually have a profound impact. MOGE, being a vital source of foreign exchange for the military, deals primarily in US dollars, making these...