India  
NewsR.in
> >

US sanctions to kill Russian banks and sovereign debt?

PRAVDA Wednesday, 15 August 2018
The website of the US Congress published a new bill on anti-Russian sanctions. The document is called "Defending American Security from the Kremlin Aggression Act."This time, the US intends to take economic restrictions against Russia. In particular, it goes about prohibitions for standard dollar settlements through correspondent accounts in US banks for several Russian banks - Sberbank, VTB, Gazprombank, Bank of Moscow, Rosselkhozbank, Promsvyazbank and Vnesheconombank.The US also wants to prohibit US investors from working with the Russian national debt. It goes about the future public debt of the Russian Federation that US citizens will not be allowed to deal with after and if the law is adopted. The new package of sanctions against Russia is based on several reasons. First of all, this is the poisoning of former Russian spy Sergei Skripal and his daughter. Both the UK and the USA accuse Russia of being involved in this attack, but they have not been able to prove their allegations. Furthermore, US officials claim that Russia showed no willingness to convince Syrian President Bashar Assad not to use chemical weapons. The amount of evidence proving the use of chemical weapons by Syrian government troops roughly equals the amount of evidence about Russia's involvement in the poisoning of Sergei Skripal. At the same time, when the bill was submitted to the Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016.The document also contains elements of the "political" agenda. For example, the National Intelligence director will need to provide a detailed report about the value of personal assets of President Vladimir Putin. The report, which is to be submitted to US Congress within 180 days after the law is enacted, is supposed to include a detailed analysis about the assets of both Putin himself and members of his family.The US also claims that the Russian Federation acts as a state sponsor of terrorism. If the law takes effect, Mike Pompeo will have to provide evidence proving whether Russia supports terrorism or not. Pompeo will have 90 days for this. Russian officials responded that they were ready to name real sponsors of international terrorism for Washington. If the law on new sanctions against Russia takes effect, it will be the most stringent measure that the US administration has taken against Russia in recent years. Photo credits: Fotodom.ru
0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related news

Russia's Novak says oil at $70-80 per barrel is temporary and sanctions driven

Russian Energy Minister Alexander Novak said on Tuesday that oil prices of between $70 and $80 per barrel were only temporary and were driven by sanctions,...
Reuters India - Business

Russian Federation: EU/US Sanctions vs. Russian Antitrust Laws - Noerr

Foreign sanctions, including secondary US sanctions that are aimed at non-US companies doing business with Russia, are forcing many international companies to...
Mondaq - LegalAlso reported by •Reuters IndiaDNA

RCom to exit telecom fully to focus on realty: Anil Ambani

RCom owes over Rs 40,000 crore to a group of 38 lenders, including Chinese banks, and was resolving the debt through a strategic debt restructuring (SDR)...
Zee News - Business

At U.N., U.S. accuses Russia of 'cheating' on North Korea sanctions

U.S. Ambassador to the United Nations Nikki Haley accused Russia on Monday of "cheating" on U.N. sanctions on North Korea and said Washington has "evidence of...
Reuters India - World


Tweets about this


Other recent news in World

RUSSIA's Defense Ministry blames Israeli Air Force for pushing RUSSIAn aircraft into the line of fire of Syrian missilesKim Jong Un greets South Korean President Moon Jae-in at PYONGYANG airport at start of their third summit
RUSSIAN military aircraft downed by Syrian forces, killing 15; Moscow blames Israeli aggressionRussia summons Israel's ambassador over downed MILITARY plane

Recent related videos

Russia's Putin And Israel's Netanyahu May Speak By Phone Tuesday [Video]Russia's Putin And Israel's Netanyahu May Speak By Phone Tuesday

Vladimir Putin may speak by phone to Israeli Prime Minister Benjamin Netanyahu on Tuesday. The prospective call was prompted after a Russian military aircraft was shot down near Syria. According to..

Wochit News -   00:31

Haley: Russia 'Undermined' UN Sanctions on N. Korea [Video]Haley: Russia 'Undermined' UN Sanctions on N. Korea

Ambassador Nikki Haley said the U.S. has proof Russia violated U.N. sanctions on North Korea.

Newsy Studio -   01:05

Russia and Turkey to Create Demilitarized Buffer Zone in Syria [Video]Russia and Turkey to Create Demilitarized Buffer Zone in Syria

SOCHI, Russia (Reuters) - Russian and Turkish troops are to enforce a new demilitarized zone in Syria’s Idlib region from which “radical” rebels will be required to withdraw by the middle of next..

Wochit -   00:34

Russian Communists Claim Pro-Putin Candidate Stole Election [Video]Russian Communists Claim Pro-Putin Candidate Stole Election

VLADIVOSTOK, Russia (Reuters) - Hundreds of Russian Communist Party supporters took to the central square of Vladivostok on Monday to protest against what they said was the rigging of a regional..

Wochit News -   00:38

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter