White House: President Obama will sign Russia sanctions bill, likely by week’s end

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U.S. president Barack Obama

RT –  December 16, 2014

New Russian sanctions bill to be signed by end of week – White House

A new bill imposing further sanctions on Russia is to be signed by US President Barack Obama by the end of the week, a White House spokesman told a news briefing Tuesday.

White House press secretary Josh Earnest said that Obama is expected to sign new legislation this week despite preliminary concerns about its content. “I would anticipate that it would get done before the end of the week,” he said.

However, he said that the bill has provided a degree of flexibility required by the president.

The new sanctions come amid concerns over the stability of the Russian ruble, which nosedived Tuesday following a decline in oil prices and previous rounds of sanctions imposed by both the US and the EU.

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