US warns of sanctions risk to Germany-Russia gas pipeline [DailyTimes] 18 May, 2018

American officials say a pipeline project between Russia and Germany risks triggering US sanctions because of security concerns.Senior State Department diplomat Sandra Oudkirk says the United States opposes the Nord Stream 2 gas pipeline because it could increase Russia’s “malign influence” in Europe.Oudkirk, the US Deputy Assistant Secretary, said Thursday the pipeline would divert gas away from Ukraine, which depends on transit fees, and could become a pathway for Russia to install surveillance equipment in the Baltic Sea.She told reporters in Berlin that while the US is “exerting as much persuasive power as we can” to stop the project, Congress has given the administration authority to impose sanctions in connection with pipeline projects.Oudkirk said “any pipeline project … is in an elevated position of sanctions risk.”

More News

Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources

06 Jun, 2020 Reuters

J.C. Penney, which employs roughly 85,000 people, filed for bankruptcy protection in May after the coronavirus pandemic forced it to temporarily close ... Detail

Reddit co-founder Ohanian resigns from board, wants a black candidate to take over

06 Jun, 2020 Reuters

(Reuters) - Reddit co-founder Alexis Ohanian said on Friday he has resigned from the board and sought to be replaced with a black candidate at the soc ... Detail

Tech drives Nasdaq to all-time high as signs of recovery emerge from coronavirus pandemic

06 Jun, 2020 Reuters

The Nasdaq’s 43% rise since late March puts the tech-heavy index far ahead of the broader S&P 500, highlighting investors’ willingness to ... Detail

Trump touts job gains as 'greatest comeback in American history'

06 Jun, 2020 Reuters

Trump said Floyd might be pleased by the jobs report. “Hopefully, George is looking down right now, and saying, ‘This is a great thing th ... Detail

Canada posts surprise jobs gain in May and June could be even better

06 Jun, 2020 Reuters

Canada lost some 3 million jobs from February to April, but recovered 289,600 of them in May, Statistics Canada said. The jobless rate hit a record hi ... Detail

Post Your Comments
Type your Comments / Review in the space below.
Name:
Email:
City:
Verify Code