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The Boston Globe

Nation

Kerry faces scrutiny over extensive investments

Panel considers steps to prevent conflicts for secretary of state

WASHINGTON — Senator John F. Kerry and his wife hold an array of international investments that could pose conflicts of interest for him as secretary of state, and an ethics review is already underway to determine whether he needs to divest holdings, put them in a blind trust, or recuse himself from some discussions, according to Obama administration officials.

Kerry’s 2012 financial disclosure statement details some of the investments that could be seen as problematic if, as expected, he is confirmed as secretary of state. Among them: shares in a Canadian oil company that is lobbying for the Keystone XL pipeline; a stake in Brazil’s energy giant, which was recently accused by Congress of flouting UN sanctions against Iran; and a large investment in a private equity firm seeking deals across Asia.

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