Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
October 22, 2014

Posts in "Russia"

August 28, 2014

Russian Stock Market Up Despite Jay Carney ‘Short’ Talk

492586773 445x296 Russian Stock Market Up Despite Jay Carney Short Talk

(Chip Somodevilla/Getty Images)

It’s been more than five months since CQ Roll Call asked Jay Carney about the stock market in Russia — and he talked about shorting it. You’d have lost a bundle if you followed that advice.

“I wouldn’t, if I were you, invest in Russian equities right now — unless you’re going short,” Carney responded to the question posed at his March 18 daily press briefing.

But despite incremental sanctions and new reports of Russian incursions into Ukraine, the Russian stock market is still up substantially since CQ Roll Call asked the question. Full story

July 29, 2014

Obama to Make Statement on Ukraine; New Sanctions Planned for Russia

President Barack Obama will make a statement on Tuesday at 2:50 p.m. on Ukraine, the White House said, as the administration said earlier to expect new sanctions against Russia.

Press Secretary Josh Earnest said earlier this afternoon to expect an announcement on sanctions as soon as today. The announcement will come as European nations are stepping up their own sanctions and as the administration has accused the Russian government of stepping up its support for Ukrainian separatists and with violating a treaty against medium-range cruise missiles. The administration has also said Russia has culpability for creating an environment that led to the shooting down of Malaysia Airlines Flight MH17.

To date, while sanctions have stung, the administration has avoided broader economic sanctions that could impact the global and the U.S. economy — a concern Obama has repeatedly raised.

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