The U.S. Senate may soon take a significant step against Russia, as lawmakers consider a bipartisan sanctions bill aimed at increasing pressure over the war in Ukraine. The legislation could also target countries like China and India that continue trading with Moscow.
U.S. Senate Majority Leader John Thune announced that the chamber could begin working on a new sanctions bill against Russia later this month. It would impose harsh economic penalties, including 500% tariffs on nations purchasing Russian oil, gas, uranium, and other exports.
The bill also outlines secondary sanctions for countries doing business with Russia—specifically targeting nations like China and India, which together account for 70% of Russia’s international energy trade. While President Donald Trump's administration continues to pursue a diplomatic resolution to the conflict, Senate leaders say they’re prepared to escalate pressure if negotiations stall.
Thune emphasized the Senate’s readiness to support the president with legislative tools to bring Russia to the negotiating table. Although there’s no set timeline, he hinted the bill could move forward in the weeks leading up to the July 4 recess.
The ruling Fidesz party has delayed debate and voting on a controversial bill that would impose strict controls on NGOs and media receiving foreign funding, citing internal party discussions and external pressure.
The S&P 500 barely budged Wednesday as weak job and service sector data revealed the economic fallout from President Trump’s trade war tactics.
After Ukrainian drone strikes on Russia's nuclear-capable bombers, Trump and Putin held a tense phone call warning of escalation and reigniting concerns over Iran’s nuclear ambitions.
The Congressional Budget Office says Trump’s tax-slash megabill will balloon the federal deficit by $2.4 trillion over 10 years—and leave nearly 11 million more Americans without health insurance, largely due to cuts in Medicaid and tighter eligibility rules.
Vladimir Putin thanked the pope for supporting peace efforts but accused Ukraine of fueling war, calling Kyiv's actions “terrorism,” according to the Kremlin.
The ruling Fidesz party has delayed debate and voting on a controversial bill that would impose strict controls on NGOs and media receiving foreign funding, citing internal party discussions and external pressure.
The S&P 500 barely budged Wednesday as weak job and service sector data revealed the economic fallout from President Trump’s trade war tactics.
After Ukrainian drone strikes on Russia's nuclear-capable bombers, Trump and Putin held a tense phone call warning of escalation and reigniting concerns over Iran’s nuclear ambitions.
A cargo ship carrying around 800 electric vehicles caught fire off Alaska, forcing its 22 crew members to abandon the vessel amid rising concerns over maritime EV fires.
The Congressional Budget Office says Trump’s tax-slash megabill will balloon the federal deficit by $2.4 trillion over 10 years—and leave nearly 11 million more Americans without health insurance, largely due to cuts in Medicaid and tighter eligibility rules.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
The Philippines has inked a $700 million agreement with South Korea's KAI to acquire 12 advanced FA-50 fighter jets by 2030, enhancing its military capabilities amid regional tensions.
The Trump administration may roll out a $1,000 fee to fast-track visa interviews, raising legal concerns from within the State Department.
A U.S. district judge has temporarily blocked the deportation of the wife and five children of the suspect in a recent firebombing attack in Boulder, Colorado, citing concerns over due process and potential irreparable harm.
The ruling Fidesz party has delayed debate and voting on a controversial bill that would impose strict controls on NGOs and media receiving foreign funding, citing internal party discussions and external pressure.
After Ukrainian drone strikes on Russia's nuclear-capable bombers, Trump and Putin held a tense phone call warning of escalation and reigniting concerns over Iran’s nuclear ambitions.
The ruling Fidesz party has delayed debate and voting on a controversial bill that would impose strict controls on NGOs and media receiving foreign funding, citing internal party discussions and external pressure.
The S&P 500 barely budged Wednesday as weak job and service sector data revealed the economic fallout from President Trump’s trade war tactics.
After Ukrainian drone strikes on Russia's nuclear-capable bombers, Trump and Putin held a tense phone call warning of escalation and reigniting concerns over Iran’s nuclear ambitions.
A cargo ship carrying around 800 electric vehicles caught fire off Alaska, forcing its 22 crew members to abandon the vessel amid rising concerns over maritime EV fires.
The Congressional Budget Office says Trump’s tax-slash megabill will balloon the federal deficit by $2.4 trillion over 10 years—and leave nearly 11 million more Americans without health insurance, largely due to cuts in Medicaid and tighter eligibility rules.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment