Tag Archives: sanctions

Treasury poised to ease sanctions tied to Russian oligarch

Treasury poised to ease sanctions tied to Russian oligarchWASHINGTON (AP) — The Treasury Department appears set to lift sanctions on three companies connected to Russian oligarch Oleg Deripaska despite concerns from lawmakers in both parties who say the Trump administration should be tougher on Russian President Vladimir Putin and his allies.



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House Republicans join rebuke of Trump for easing Russia sanctions

House Republicans join rebuke of Trump for easing Russia sanctionsMore than 130 US House Republicans joined Democrats Thursday in opposing the easing of sanctions against an ally of Russia’s Vladimir Putin, dealing a rebuke to President Donald Trump’s administration. The Democratic-controlled chamber overwhelmingly voted 362 to 53 approving the bill that would block the Treasury Department’s December move to lift sanctions on companies connected to Oleg Deripaska. The oligarch was targeted last year as part of US congressional efforts to punish Russia for interfering in the 2016 presidential race.



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Bid to keep U.S. sanctions on Russia's Rusal fails in Senate

Bid to keep U.S. sanctions on Russia's Rusal fails in SenateSenators voted 57-42 to end debate on the measure, as 11 of Trump’s fellow Republicans broke from party leaders to join Democrats in favor of the resolution, amid questions about Trump’s relationship with Russian President Vladimir Putin. To keep the administration from lifting the sanctions, the measure must pass both the House and Senate and muster the two-thirds majority needed in both chambers to override an expected Trump veto. Many members of Congress have been questioning the U.S. Treasury Department’s decision in December to ease sanctions imposed in April on the core businesses of Deripaska – Rusal, its parent, En+ , and power firm EuroSibEnergo – watering down the toughest penalties imposed on Russian entities since Moscow’s 2014 annexation of Crimea from Ukraine.



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Some in GOP split with White House on Russia sanctions

Some in GOP split with White House on Russia sanctionsWASHINGTON (AP) — Almost a dozen Senate Republicans broke with the White House Tuesday on Russia, voting to move forward on a resolution that would maintain sanctions on companies linked to oligarch Oleg Deripaska.



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Defying Trump, U.S. Senate advances measure critical of easing Russia sanctions

Defying Trump, U.S. Senate advances measure critical of easing Russia sanctionsThe result marked a rare break from President Donald Trump. Eleven of Trump’s fellow Republicans joined Democrats to vote 57-42 in favor of a motion to proceed to the resolution of disapproval. To take effect and block the plan to lift the sanctions, it must pass the Senate, where Republicans hold a 53-47 majority, as well as the House of Representatives, controlled by Democrats.



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Defying Trump, U.S. Senate advances measure critical of easing Russia sanctions

Defying Trump, U.S. Senate advances measure critical of easing Russia sanctionsThe vote marked a rare break from President Donald Trump. Eleven of Trump’s fellow Republicans joined Democrats to vote 57-42 in favor of a motion to proceed to the resolution of disapproval. Republicans hold a slim 53-47 seat majority in the 100-member Senate.



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Schumer Will Force Vote Tuesday on Deripaska-Firm Sanctions

Schumer Will Force Vote Tuesday on Deripaska-Firm Sanctions(Bloomberg) — Senate Minority Leader Chuck Schumer said he will force a vote Tuesday on a measure to block the Treasury Department’s plans to lift sanctions on three Russian companies linked to oligarch Oleg Deripaska.



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Kim Says North Korea to Take New Path If U.S. Keeps Sanctions

Kim Says North Korea to Take New Path If U.S. Keeps SanctionsKim said he was willing to meet the U.S. president at any time, mixing in conciliatory messages with his warnings of conflict to Washington and Seoul in his annual speech where he laid out policy priorities for his isolated and impoverished country. Foreign Policy HighlightsKim said he was willing to meet Trump at any time and urged corresponding measures from the U.S. The North Korean leader called on South Korea to halt joint military exercises with the U.S., placing new pressure on the alliance.Kim called for a “complete” halt of the deployment of strategic assets to the Korean Peninsula, a reference to nuclear-capable American bombers and submarines.



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North, South Korea Open Rail Project Despite Sanctions Barrier

North, South Korea Open Rail Project Despite Sanctions BarrierLong-stalled plans to restore rail links severed by the Korean War were revived in historic summits by North Korea leader Kim Jong Un and South Korean President Moon Jae-in earlier this year. While South Korea said the Security Council granted an exemption to United Nations sanctions Tuesday to allow the ceremony to proceed, additional relief would be needed to start construction. “The result of the North and South Korean railway and road project depends on our nation’s mental strength and will.



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Trump administration lifts sanctions on Russian oligarch-owned companies with links to Putin

Trump administration lifts sanctions on Russian oligarch-owned companies with links to PutinThe Trump administration is lifting sanctions on three companies controlled by a Russian oligarch with links to Vladimir Putin. Following an aggressive lobbying campaign, led by a British lord who chairs one of the firms, the Treasury Department announced it would end sanctions against aluminium producer Rusal, its parent En+, and JSC EuroSibEnergo. In return their owner, Oleg Deripaska, agreed to reduce his stakes in them to less than 50 per cent, the treasury said.



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