Obama administration says no decision yet on Russia sanctions bill

By REUTERS
December 15, 2014 22:29

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

WASHINGTON - The Obama administration is looking at a bill that would authorize new sanctions on Russia over its activities in Ukraine, and has not yet made a decision on whether the president will sign the measure, a senior administration official said on Monday.

The official said the administration "remains deeply concerned" about Russia's aggressive actions in Ukraine.

But the administration also feels it is important that any sanctions regime maintains a united front with its allies and minimizes the impact on U.S. business, international oil markets and the global economy.

Congress passed legislation during the weekend to put more pressure on Russia by authorizing new sanctions on weapons companies and investors in its high-tech oil projects, and to boost the Kiev government with military aid.

The rouble and Russian assets plunged to new lows on Monday amid concern about possible new U.S. sanctions.

Related Content

Breaking news
August 16, 2018
Facebook says it was “too slow” to fight hate speech in Myanmar

By REUTERS