JRL NEWSWATCH: “U.S. to impose ‘crushing’ set of sanctions on Russia’s debt and oil” – bne Intellinews/Ben Aris

American Flag and Partial View of U.S. Capitol Dome, adapted from image at aoc.gov

“A proposed ‘crushing’ bipartisan bill introduced by the … Senate … will not be debated until … autumn and many … harsh terms could be considerably watered down, Luis Saenz, … co-head of equities at BCS Global Markets said …. [The] bill … targets Russian debt and energy companies, designed to punish Russia for interfering in the U.S. presidential election, … [and] includes penalties on debt and energy projects as well as requiring a second ‘Kremlin Report’ detailing president … Putin’s wealth. … [C]o-sponsors [include] three Republicans, including … John McCain, and three Democrats. … Bill co-author Republican Senator Lindsey Graham … said the goal is …  ‘… crushing sanctions and other measures against Putin’s Russia until he ceases and desists meddling in the U.S. electoral process,’ stops cyber-attacks and removes Russia from Ukraine, according to a Bloomberg report. …”

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