Section: US & Canada
U.S. Says Russia Sanctions Vindicated As Ruble Tumbles
As Russia’s currency plunges, the Obama administration is delivering a message about the impact of Western sanctions: We told you so. …read more Source: Radio Free Europe / Radio...
Obama to Approve New Russian Sanctions
President Barack Obama has decided to sign legislation authorizing more sanctions on Russia for its role in the Ukraine crisis, the White House said Tuesday. The bill, which cleared the Senate last week, also gives the president authority to provide $350 million in lethal and nonlethal military aid to the Ukrainian government. That potential aid...
Fallout from troubled Russia risks triggering default and increased aggression in Ukraine
WASHINGTON — Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia’s shrivelled currency, its move to dramatically boost interest rates, the damage from...
Russia’s Sinking Economy Becoming a Global Threat
WASHINGTON—Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia’s shriveled currency, its move to dramatically boost interest rates, the damage from...
How Sustainability Can Guide German Foreign Policy
BERLIN — Sustainable thinking and action continues to gain increased importance in business and technology. Above all, it has become a political guiding principle. As such, it merits examination. The three pillars of sustainability — the economic, the environmental and the social pillar — are equal in importance. In terms of...
Obama backs bill imposing new sanctions on Russia
WASHINGTON (AP) — President Barack Obama will sign legislation imposing new economic sanctions on Russia, the White House said Tuesday, as the U.S. claimed some credit for sparking Moscow’s roiling currency crisis and moved to deepen the pain. …read more Source: U.S....
Obama to sign new sanctions bill on Russia
WASHINGTON — President Obama has decided to sign legislation imposing further sanctions on Russia and authorizing additional aid to Ukraine, despite concerns that it will complicate his efforts to maintain a unified front with European allies, the White House said Tuesday. The legislation calls for a raft of new measures penalizing Russia’s...
China steps up plan for new export corridor into Europe
Belgrade (AFP) – Chinese Prime Minister Li Keqiang met central and eastern European leaders Tuesday in a summit to cement Beijing’s plans for a new transport network to funnel exports into Europe.The two-day meeting in Belgrade gathering prime ministers from 16 states had infrastructure and transport top of the agenda.Beijing hopes to...
Obama to sign new Russian sanctions bill: Spokesman
Obama was expected to sign legislation implementing new sanctions on Russia over its activities in Ukraine by the end of the week, the White House said. …read more Source:...
Italian Shoemakers Urge EU to Tread Carefully on Sanctions
Bad relations between the EU and Moscow have helped cut exports of Italian shoes to Russia by around a fifth, the sector said in a letter to the bloc’s foreign policy chief, urging consideration of economic effects before more sanctions are imposed. The EU has imposed measures including economic sanctions in response to Moscow’s...
