Tag: Graham, Lindsey

Russia Bill Broadens Sanctions but Could Fuel Fears Over the Dollar

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A Russia sanctions bill is posing a dilemma for the Trump administration: Lawmakers are pushing to wage further financial warfare just as the administration worries that heavy use of sanctions may erode the U.S. dollar’s supremacy. The bill, which was the brainchild of Senator Lindsey Graham before his death, aims to impose mandatory sanctions on Russia and its allies and potentially broaden the reach of penalties to include tariffs on buyers of Russian energy. The White House has said that the scope of the sanctions could broaden to include Iran…

Biden Administration Engages in Long-Shot Attempt for Saudi-Israel Deal

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Shortly after his plane took off earlier this month from Riyadh, where he had held a lengthy meeting with Saudi Arabia’s crown prince, Secretary of State Antony J. Blinken called a different Middle East leader, Prime Minister Benjamin Netanyahu of Israel. Over 40 minutes, Mr. Blinken gave the Israeli leader a briefing about the significant demands the young crown prince, Mohammed bin Salman, was making for his nation to normalize diplomatic relations with Israel. Mr. Netanyahu had an update on his own demands. The phone call — described by two American…