“Democracy itself is in peril – here at home and around the world,” U.S. President Joe Biden warned Monday in remarks to commemorate the Memorial Day holiday. Biden made the comment after he, along with Vice President Kamala Harris and the nation’s top military officials, took part in a wreath-laying ceremony at Arlington National Cemetery.…
US President Set to Waive Sanctions on Nord Stream 2 to Mend Ties with Moscow - Novinite com novinite.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novinite.com Daily Mail and Mail on Sunday newspapers.
EnergyU.S. to waive sanctions on firm, CEO behind Russia s Nord Stream 2 pipeline
Andrea ShalalSabine Siebold
4 minute read
A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke/File Photo
The Biden administration will waive sanctions on the company behind Russia s Nord Stream 2 pipeline to Europe and its chief executive, a Washington source familiar with the plans and Germany s foreign minister saidon Wednesday.
A U.S. State Department report to be delivered to Congress as early as Wednesday concludes that Nord Stream 2 AG and CEO Matthias Warnig, an ally of Russian President Vladimir Putin, engaged in sanctionable activity but that it was in the U.S. national interest to waive the sanctions, the source said.
The Biden administration will waive sanctions on the company behind Russia’s Nord Stream 2 pipeline to Europe and its chief executive, with the United States Department of State set to deliver a report as early as Wednesday, a source familiar with the plans told Reuters news agency on Wednesday.
The department’s review, required by Congress, concludes that Nord Stream 2 AG and CEO Matthias Warnig, an ally of Russian President Vladimir Putin, engaged in sanctionable activity but that it was in the US’s national interest to waive the sanctions, the source told Reuters.
The source said the administration under Democratic President Joe Biden still opposed the Nord Stream 2 pipeline but felt it was important to send a signal about its strategic commitment to rebuilding relations with Germany, which were badly damaged under former Republican President Donald Trump.