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New Russia sanctions 'bill from hell'

Aug. 03, 2018 3:06 AM ETRSX, ERUS, RSXJ, RUSL, RUSSBy: Yoel Minkoff, SA News Editor82 Comments
  • U.S. senators have introduced legislation to impose stiff new Russian sanctions, including restrictions on new sovereign debt transactions, energy and oil projects, uranium imports, and penalties on oligarchs.
  • It also expresses strong support for NATO and would require that two-thirds of the Senate to vote in favor of any effort to leave the alliance.
  • Russian markets reacted quickly to the measure, with the ruble slumping toward two-week lows.
  • ETFs: RSX, RUSL, RUSS, ERUS, RSXJ

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