Contents tagged with US Congress

  • US Congress prepares to deal new blow to Russian economy

    The lull in sanctions which Russia enjoyed during US Congress’s interim elections and government shutdown is now coming to an end.

    After the four-month break, Congress is once again discussing new measures that can be taken against Russia. The possibilities range from a ban on investments in Russian government debt to a complete disconnection of Russian government banks from the global dollar transaction system.

    Congress’s first hearings following its elections will be held on 12 February in …

  • US House of Representatives supports sanctions against Nord Stream 2 pipleline

    On Tuesday, December 11, the House of Representatives of the United States Congress approved the resolution condemning the construction of Nord Stream 2, the main gas pipeline from Russia to Germany, and supported the imposition of sanctions to counteract this project.

    Laying the pipeline would be "a dramatic step backward in the issue of European energy security and interests of the United States,” the document noted. “Russia’s geopolitical interest in Nord Stream 2 is not about increasing …

  • Russian bond market enters downward spiral

    Russia’s government debt market continues to plummet into the abyss, dragging the ruble alongside it, despite the Russian Finance Ministry’s calls for investors not to panic, writes

    The price of Russian government bonds has fallen for four consecutive days, and the currency exchange rate is approaching 70 rubles per US dollar, due to reports that US senators have begun discussing a new sanction package based on the Defending American Security from Kremlin Aggression Act.

    The …

  • The US freezes Open Skies Treaty with Russia

    Paragraph 1242 of the Defense Bill, approved by the US Congress and signed by President Donald Trump, stipulates the refusal to allocate money for financing the Open Skies Treaty.  

    It is indicated in the Defense Bill that the funds cannot be used in 2019 to carry out observation flights. It is noted that the restriction can be lifted if the US president presents the corresponding committee of the Congress a certificate confirming the fulfillment of the agreement terms by Russia.

    The document …

  • Russia warns the USA against space arms race

    Moscow expressed concern that the US House of Representatives approved a defense budget for 2019 that includes allocating funds to build a space-based echelon for intercepting ballistic missiles. Such steps show that Washington intends to use force in outer space, stated the Russian Foreign Ministry.

    “Preparations for the creation of space-based, anti-ballistic missile defense weapons are another step towards the US achieving the ‘domination in space.’ These efforts are a direct confirmation …

  • US Congress approves allocation of $ 250 million for Ukraine’s defense and security in 2019

    The House of Representatives of the US congress supported the allocation of $ 250 million to assist Ukraine to enhance security in 2019, announced the press service of the Ukrainian Embassy in the United States.

    “The House of Representatives of the US Congress approved the draft on “the US National Defense Appropriations Act 2019”. The amount of funds allocated to the US Department of Defense to provide security assistance to Ukraine is estimated at $ 259 million, $ 50 million of which is to …

  • Bill on sanctions against Nord Stream 2 pipeline introduced in the US Congress

    John Barrasso, Senator from Wyoming and a member of the Republican Party of the USA introduced a new bill to Congress providing sanctions against the Nord Stream 2 pipeline, as reported on Barrasso’s website.

    According to the Senator, sanctions against the pipeline would allow NATO countries to avoid political manipulation and coercion by Russia. “Countries like Germany should be reducing the amount of natural gas that they buy from Russia, not increasing it. But that’s what this Nord Stream 2 …

  • US Congressmen call on Trump to stand up to Russia’s aggression against Ukraine

    Congressmen who lead the support group for Ukraine in the US Congress urged US President Donald Trump "to stand shoulder-to-shoulder with our NATO allies in the face of continued threats from Russia and its aggression in Ukraine."

    Radio Liberty reports that the joint statement by Congressional Democrats Marcy Kaptur and Sandy Levin and Republican Congressman Brian Fitzpatrick was motivated by the outcome of the joint press conference of Presidents Donald Trump and Vladimir Putin in Helsinki.

    " …

  • US Congress agrees to allocate $250 to Ukraine for military assistance in 2019

    On Thursday, the House of Representatives of the U.S. Congress voted in favor of allocating $250 million to provide military assistance to Ukraine in 2019.

    The relevant item is included in the bill that was passed regarding financing and policies of the U.S. Department of Defense for the next year.

    A similar expenditure provision – encompassing the next several years – was established in the Law on Financing and Policy Directions of the U.S. Department of Defense. In 2018, $200 million was …

  • US Congress proposes imposing sanctions against Russian weapons suppliers

    The US Congress has proposed imposing further sanctions on Russian weapons suppliers.

    The US House of Representatives of Armed Services Committee made a statement on the possibility of such an initiative on the website for the 2019 US defense budget legislation.

    The authors of the bill propose authorizing the US president to impose sanctions on individuals who are supported by Russia's defense industry. In particular, this would impact supplies related to the development or production of …