As the Russian ruble continues its tumble against the dollar, President Barack Obama plans to sign a bill imposing new sanctions against Moscow, adding more pressure to a Russian economy already headed toward recession.
White House press secretary Josh Earnest said on Tuesday that although the president has concerns about the Ukraine Freedom Support Act of 2014, the legislation gives Obama the “flexibility” to impose new punishment on Russia for its actions in eastern Ukraine.
The bill authorizes the president to send arms to Ukraine but does not require him to do so. It also levies new penalties on Russia’s energy and …read more
Source: Foreign Policy
