Business » Companies
Author`s name Dmitriy Sudakov

US giants stand against new anti-Russian sanctions

Visa, Boeing, Ford and other US-based giants stand against the introduction of further sanctions against Russia, CNN reported with reference to a source in US Congress.

According to representatives of the corporations, the introduction of new sanctions will cause significant damage to the United States and transcontinental businesses.

The "cartel" against sanctions, according to CNN, includes oil giants BP, Exxon and General Electric, aerospace company Boeing, bank conglomerates Citigroup, Mastercard and Visa, as well as manufacturers such as Ford, Dow Chemical, Procter & Gamble, International Paper, Caterpillar and Cummins.

New sanctions against Russia may have unforeseen consequences that will cause significant damage to the companies. At the same time, the companies do not believe the bill about the new sanctions should be rejected in its entirety. Members of trade associations and lobbyists representing the interests of American businesses discuss possible amendments to the bill, CNN said.

The Senate has recently approved a bill providing for new sanctions against Russia and Iran. The "package" was supposed to reduce the maximum period of market financing for sanctioned Russian banks to 14 days and for oil and gas companies - to 30 days. The bill also entitles US president to take action against companies intending to invest in the construction of Russian export pipelines either more than five million dollars a year or one million at a time. Separately, the bill is supposed to put obstacles on the construction of the Nord Stream-2 gas pipeline.

The Kremlin stated that Washington's aspirations to introduce more anti-Russian restrictions may lead to another wave of the war of sanctions.

To crown it all, the Chancellor of Austria and Foreign Minister of Germany saw the new US bill as a threat to Europe's energy supplies. Representatives of a number of major European energy companies also spoke against the new sanctions.


Read article in Russian

The new anti-aircraft missile systems of the S-500 will have a number of advantages. The S-500 is believed to be a universal anti-aircraft long-range and high-altitude missile interception system with an enhanced missile defense capability

Russia's S-500 Prometey to nail USA's THAAD to the wall

All amateur photos and video materials depicting the moment of Kennedy's assassination had been confiscated and immediately classified. The main amateur video, which was made as the motorcade was traveling on the street, was edited in a way to exclude the version about the existence of another shooter

Donald Trump to become America's another John Kennedy

An unidentified man broke into the office of Echo of Moscow (Ekho Moskvy) radio station on October 23 and stabbed radio host Tatyana Felgenhauer. The incident occurred in the afternoon, the victim was hospitalised, her life is out of danger

Echo of Moscow radio journalist stabbed in her throat in Moscow office