Categories: U.S. News

Barack Obama to sign new Russia sanctions bill

President Barack Obama will sign a bill imposing new Russian sanctions despite reservations, the White House has announced.

The bill – which primarily sanctions Russia’s defense industries – passed with overwhelming support in Congress.

White House spokesman Josh Earnest said the bill sent “a confusing message to our allies” but President Barack Obama will sign it because it “preserves flexibility”.

The Russian ruble has lost half its value this year amid lower oil prices and Western sanctions.

The currency went into free-fall in trading on December 16.

The bill would also give Barack Obama the authority to provide lethal and non-lethal military assistance to Ukraine, but not require him to do so.

The US and European powers have sanctioned Russia previously over the country’s annexation of Crimea and its support for separatists in eastern Ukraine.

Secretary of State John Kerry, who met Russia’s foreign minister in Rome, said: “These sanctions could be lifted in a matter of weeks or days, depending on the choices that President Putin takes.”

However, John Kerry said Russia had made “constructive” moves in recent days.

iHiVO949JXA
Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.

Recent Posts

House Panel Votes to Release Matt Gaetz Ethics Report

The US House Ethics Committee has voted to release its report on former Republican Representative…

4 days ago

ABC News to Pay $15M to Settle Trump Defamation Suit

ABC News has agreed to pay $15 million to President-elect Donald Trump to settle a…

1 week ago

South Korea’s Parliament Impeaches President Yoon Suk Yeol Following Martial Law Scandal

South Korea’s parliament has voted to impeach President Yoon Suk Yeol over his failed attempt…

1 week ago

Syria: Israeli War Planes Carry Out More Than 100 Air Strikes

Israeli war planes have carried out more than 100 air strikes in Syria on December…

2 weeks ago

Donald Trump Threatens 100% Tariff on BRICS Nations

President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries if they…

3 weeks ago

Syria Coup: Rebels Take Control of Aleppo

Syrian troops have withdrawn from the city of Aleppo following an offensive by rebels opposed…

3 weeks ago