Bill on 'Hellish' Sanctions Against Russia to Be Passed in September
Senator Richard Blumenthal expects that the bill on 'hellish' sanctions against Russia will be passed in the House of Representatives in September. The document has received support from Republicans. Blumenthal, a co-author of the bill, announced plans to intensify efforts to garner support in the House following Senate approval. He believes the law will be a 'powerful blow' to financing the war in Ukraine. Although Democrats generally support the sanctions, some fear it will give U.S. President Donald Trump the opportunity to impose additional tariffs. Blumenthal noted that exemptions in the bill would spare European allies from tariffs. He also urged Ukrainian President Volodymyr Zelensky to pressure House members to support the bill. On August 7, the U.S. Senate backed the sanctions bill against Russia and Iran, with 86 senators voting in favor and 11 against. The bill allows for the imposition of 100% secondary tariffs against countries that continue to purchase Russian oil and gas, primarily targeting China and India.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

In the Era of Tool Equality, Retail Investors Are Using Wall Street's Execution Methods and Complex Tools

Aave iOS App Opens Early Access, Android and Web Users Awaiting

Hyperliquid group asks CFTC to allow energy perpetuals

September Brings Increases in Transportation, Rent, Health Insurance, and More: All the Details

The Share of Diesel Cars in Russia Increased Amid Gasoline Shortage

Ethereum Gas Readjustment Requires Review of L1 Smart Contracts

European LNG Prices Hit Record High Due to Conflict in Iran

ECB's Schnabel Calls for Further Rate Hikes to Curb Inflation Risks

Drones Attack Wildberries Warehouse and Nizhny Novgorod Oil Refinery

Jackson Hole Speech Preview: Is the Fed Looking for Reasons to Raise Rates?

Darline Graham wins Republican primary to succeed her brother Lindsey Graham

Nikita Bier Charges $500 Per Minute for Consulting Services

Glamsterdam Gas Cost Adjustment Requires Smart Contract Review

IMF President: AI Investment Spreading from the U.S. to the World

Robinhood Chain Launches Prop Trading with Funded Protocol

U.S. Consumer Confidence Index Falls to 89.4, Hitting Lowest Level of the Year

Elysium: Announcement of Hyperliquid Gas Token Usage and KNTQ Burn Design

80% of Gas Stations in Russia Face AI-95 Gasoline Shortage

Traffic Through the Strait of Hormuz Hits Lowest Level Since May

Claims of 47% Rice Price Increase, Public Indicators Show 3.8%

Supply Chain Becomes the Frontline | Rewire News Morning Briefing
![[ETH Letter] Glamsterdam Approaches with Foundation Recruitment and Funding Details Released](/public-static/14_1ee1df8c36.png?format=avif)
[ETH Letter] Glamsterdam Approaches with Foundation Recruitment and Funding Details Released

Hanwha Establishes Hanwha Horizon USA and Integrates LNG Business in the U.S.

Discussion on Quantum Transition Costs: Security Challenges for Bitcoin and Ethereum

Chain shutdown strips BounceBit token utility after authorization flaw exposes 286M tokens

Potential Reduction in GE Vernova's Weight Amid Growing Caution on AI Stocks

Base Plans to Incorporate EIP-8130 Cobalt Upgrade

Goldman Sachs Projects European Gas Prices to Reach €100 by 2026

Four years ago, a cryptocurrency mogul disappeared; now his successor has vanished









