Weekend Reads Russia calls new U.S. sanctions draconian, rejects poisoning allegations

15:51  09 august  2018
15:51  09 august  2018 Source:   reuters.com

Dow set to sink at the open as politics, trade woes keep investors on edge

  Dow set to sink at the open as politics, trade woes keep investors on edge U.S. stock index futures fell deep into the red ahead of Friday’s open, following negative sentiment in markets overseas. Around 5:35 a.m. ET, Dow futures dropped 93 points, indicating a negative open of -93.23 points, with the S&P 500 and Nasdaq futures also pointing to a downbeat start to the day.During yesterday's trade, the Nasdaq Composite scored its longest winning streak in close to a year, boosted by positive trade out of tech stocks including Amazon and Apple. On Friday, however, red is striking markets across the board, as political woes and trade fears send jitters across global markets.

MOSCOW (Reuters) - Russia 's embassy in the United States on Thursday called new U . S . sanctions draconian and said the reason for the new restrictions -- allegations it poisoned a former spy and his daughter in Britain -- were far-fetched.

Russia 's embassy in Washington on Thursday called new U . S . sanctions draconian and said the reason for the new restrictions - allegations it poisoned a former spy and his daughter in Britain - were far-fetched.

a small house in a parking lot: FILE PHOTO: A barrier and a police tent stand outside Sergei Skripal's home in Salisbury© REUTERS/Hannah McKay FILE PHOTO: A barrier and a police tent stand outside Sergei Skripal's home in Salisbury

MOSCOW, Aug 9 (Reuters) - Russia's embassy in the United States on Thursday called new U.S. sanctions draconian and said the reason for the new restrictions -- allegations it poisoned a former spy and his daughter in Britain -- were far-fetched.

The United States on Wednesday announced it would impose fresh sanctions on Russia after Washington determined Moscow had used a nerve agent against a former Russian double agent, Sergei Skripal, and his daughter, Yulia, in Britain.

Russia has repeatedly denied responsibility for the attack, and Russia's embassy in Washington said in a statement that Washington's findings against it in the case were not backed by evidence.

Oil edges lower as supply concerns return

  Oil edges lower as supply concerns return Oil prices edged lower on Friday after strong gains the previous day, easing on persistent supply concerns as Russia increased production in July and Saudi Arabia cut the price of crude for its Asian customers. Brent crude futures (LCOc1) were down 13 cents, or 0.2 percent at $73.32 a barrel by 0052 GMT, after rising 1.5 percent on Thursday.U.S. crude (CLc1) was off by 5 cents at $68.91, after gaining nearly 2 percent in the previous session.

Russia ’ s embassy in the United States on Thursday called new US sanctions draconian and said the reason for the new restrictions — allegations it poisoned a former spy and his daughter in Britain — were far-fetched. Nahid rejects general amnesty call for student protesters of private universities.

Russia calls new U . S . sanctions over ex-spy's poisoning ' draconian ' and 'far-fetched'. The sanctions , over Russia 's role in the poisoning of one of its former spies, will limit Moscow's ability to purchase sensitive national security goods from the U . S ., such as engines and circuits.

"On August 8, 2018 our Deputy Chief of Mission was informed in the State Department of new 'draconian' sanctions against Russia for far-fetched accusations of using the 'Novichok' nerve agent against a UK citizen," the embassy said in a statement.

"We grew accustomed to not hearing any facts or evidence."

The U.S. announcement fueled already worsening investor sentiment about the possible effect of more U.S. sanctions on Russian assets and the rouble slid by over 1 percent on Thursday against the dollar, a day after falling towards its lowest level in nearly two years.

The Russian embassy said Moscow continued to advocate for an open and transparent investigation into the poisoning.

Sergei Skripal, a former colonel in Russia's GRU military intelligence service, and his 33-year-old daughter, Yulia, were found slumped unconscious on a bench in the southern English city of Salisbury in March after a liquid form of the Novichok type of nerve agent was applied to his home's front door.

Halifax man charged with violating Syria sanctions continues to conduct business in war-torn country

  Halifax man charged with violating Syria sanctions continues to conduct business in war-torn country A Halifax man who is the first person charged with violating Canada's economic sanctions against Syria is back in Damascus doing business there, CBC News has learned. Nader Kalai, a Syrian national with permanent residency in Canada, is known to be a close associate of Syrian President Bashar al-Assad. Nader Kalai — a Syrian national with permanent residency in Canada — is known to be a close associate of Syrian President Bashar al-Assad and his loyalists.

Moscow rejects allegations it used nerve agent against former Russian spy, saying sanctions no threat to its economy. 09 Aug 2018 11:23 GMT. Russia condemned new US sanctions as " draconian " on Thursday after news of the measures sent the rouble tumbling to two-year lows and

Russia has criticised the new sanctions as " draconian ". The Russian embassy in the US hit back on Thursday morning, criticising what it called "far-fetched accusations" from the US that Russia was behind the attack.

European countries and the United States expelled 100 Russian diplomats after the attack, in the strongest action by President Donald Trump against Russia since he came to office.

The new U.S. sanctions would cover sensitive national-security controlled goods, a senior State Department official told reporters.

broccoli on a lush green forest: A drone photo of the collapsing Von Meck Estate in Khruslovka, Venyovsky district, Tula Oblast, south of Moscow, taken on May 27, 2016. Satellite view on Google Maps. Photos of Abandoned Russia

Photo gallery by The Atlantic

There would, however, be exemptions for space flight activities, government space cooperation, and areas covering commercial passenger aviation safety, which would be reviewed on a case by case basis, the official added.

The official said a second batch of "more draconian" sanctions would be imposed after 90 days unless Russia gave "reliable assurances" it would no longer use chemical weapons and allow on-site inspections by the United Nations or other international observer groups.

Given that Russia flatly denies involvement in the incident, it appears unlikely to accede to the U.S. demands.

(Reporting by Denis Pinchuk, Tom Balmforth and Andrew Osborn Editing by Andrew Osborn)

Woman calls police over getting mushrooms on her pizza .
<p>Receiving the wrong takeaway order can be frustrating, but most of us manage to move on with our lives easily enough.</p>Not this woman. Furious that a takeaway company delivered a mushroom pizza instead of a meat feast, she rang Essex Police.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!