The China Mail - Russia hails Trump waiving sanctions as 'historic'

USD -
AED 3.672504
AFN 65.000368
ALL 81.216919
AMD 362.051328
ANG 1.789785
AOA 917.000367
ARS 1509.516079
AUD 1.435956
AWG 1.80125
AZN 1.70397
BAM 1.739803
BBD 2.01708
BDT 123.195303
BGN 1.747831
BHD 0.378775
BIF 2997.464751
BMD 1
BND 1.281146
BOB 11.69239
BRL 5.065104
BSD 1.001468
BTN 95.050483
BWP 13.720589
BYN 3.015879
BYR 19600
BZD 2.014233
CAD 1.41575
CDF 2313.50392
CHF 0.825932
CLF 0.024881
CLP 979.255437
CNY 6.691204
CNH 6.686704
COP 3173.953654
CRC 455.099408
CUC 1
CUP 24.035938
CVE 98.087444
CZK 21.645304
DJF 178.33919
DKK 6.651204
DOP 61.433083
DZD 133.824668
EGP 53.160165
ERN 15
ETB 163.585998
EUR 0.889904
FJD 2.26765
FKP 0.750199
GBP 0.752078
GEL 2.590391
GGP 0.750199
GHS 11.695058
GIP 0.750199
GMD 73.503851
GNF 8810.21216
GTQ 7.652004
GYD 209.527198
HKD 7.84855
HNL 26.885202
HRK 6.703804
HTG 131.147978
HUF 323.310388
IDR 18053
ILS 3.09465
IMP 0.750199
INR 94.965504
IQD 1518.213762
IRR 1795877.503816
ISK 121.180386
JEP 0.750199
JMD 159.195837
JOD 0.70904
JPY 158.01504
KES 130.098296
KGS 87.450384
KHR 4070.631144
KMF 440.00035
KPW 899.999961
KRW 1334.610383
KWD 0.31082
KYD 0.834586
KZT 453.195748
LAK 22534.359294
LBP 89683.40524
LKR 331.690611
LRD 170.751234
LSL 16.462394
LTL 2.95274
LVL 0.60489
LYD 6.431526
MAD 9.729662
MDL 17.966464
MGA 4507.405595
MKD 54.836988
MMK 2099.858992
MNT 3597.263832
MOP 8.096339
MRU 40.037362
MUR 47.230378
MVR 15.460378
MWK 1736.600987
MXN 18.492904
MYR 4.083204
MZN 63.903729
NAD 16.462394
NGN 1331.210377
NIO 36.854512
NOK 9.427704
NPR 152.081128
NZD 1.767253
OMR 0.382413
PAB 1.001468
PEN 3.444825
PGK 4.547436
PHP 62.986038
PKR 277.237468
PLN 3.88825
PYG 5719.877241
QAR 3.660721
RON 4.730604
RSD 104.461148
RUB 84.13468
RWF 1478.183516
SAR 3.752928
SBD 8.064647
SCR 13.905529
SDG 601.503676
SEK 9.912404
SGD 1.282104
SHP 0.754745
SLE 24.680371
SLL 20969.504398
SOS 572.343548
SRD 37.794504
STD 20697.981008
STN 21.794245
SVC 8.763065
SYP 13001.999685
SZL 16.455989
THB 33.445038
TJS 9.228751
TMT 3.51
TND 2.98768
TOP 2.40776
TRY 49.513804
TTD 6.798915
TWD 32.453604
TZS 2646.44398
UAH 44.920874
UGX 4136.458658
UYU 40.314905
UZS 12073.121914
VES 878.910604
VND 25894.5
VUV 119.757204
WST 2.787783
XAF 583.738825
XAG 0.017551
XAU 0.000240063761
XCD 2.70255
XCG 1.804919
XDR 0.707052
XOF 583.738825
XPF 106.089045
YER 236.150363
ZAR 16.493804
ZMK 9001.203584
ZMW 20.049815
ZWL 321.999592
SSP 5758.113256
MXV 2.088032
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Russia hails Trump waiving sanctions as 'historic'
Russia hails Trump waiving sanctions as 'historic' / Photo: © RUSSIAN PRESIDENTIAL PRESS OFFICE/AFP

Russia hails Trump waiving sanctions as 'historic'

Russia on Saturday hailed US President Donald Trump's move to waive new sanctions on it as "historic", as Ukraine worries he is taking Moscow's side in Europe's worst conflict since World War II.

Text size:

Trump signed an executive order Friday that waived sweeping US sanctions targeting Russia's energy revenues amid a clash with Ukrainian President Volodymyr Zelensky.

The decision came despite Russia increasing strikes on Ukraine -- especially its capital, Kyiv -- in the fifth year of its offensive, which has killed hundreds of thousands of people and displaced millions.

"The Trump administration's suspension of the Graham Act is an important and truly historic moment," Kirill Dmitriev, envoy for Russian President Vladimir Putin, said on social media.

The Lindsey Graham Act -- named after the deceased US senator who sponsored the bill -- targeted Russia's energy and defence sectors, as well as Putin and the so-called "shadow fleet" of tankers used by Moscow to circumvent Western sanctions.

The Kremlin and Putin have not yet reacted to the move, which is a major diplomatic win for Moscow.

Dmitriev said the act would have caused "serious damage first and foremost to the US economy and global markets".

Trump's waiver comes after he struck a deal with Putin to ease existing sanctions on Russia in exchange for Moscow releasing large amounts of diesel onto global markets.

He announced the executive order Friday, shortly after Putin appeared in military uniform and said Moscow aims to capture the rest of east Ukraine.

US-led talks to end the war in Ukraine have not led to a breakthrough. Both Putin and Zelensky have frustrated Trump in the past with a lack of progress in halting the grinding war.

The move is bound to spook Ukraine's European allies, who worry the White House is taking the Kremlin's side.

Zelensky rallied his allies Friday on a visit to Brussels for a European Union summit, urging them to keep financing Ukraine's fight and insisting he was standing up for his country amid the row with Trump.

Russian forces struck Ukraine's southern city of Kherson Saturday after Trump's announcement, killing one person and wounding 22, local officials said.

- Putin vows more -

Russia has increased strikes on Kyiv in recent weeks, squeezing the city as Ukrainians brace for another winter of war.

Ukraine has been struggling to shoot down Russian missiles and has been left scrambling to boost defences ahead of winter.

Russia controls large swathes of eastern and southern Ukraine and Putin has repeatedly said Moscow intends to seize the rest of east Ukraine by force.

"On the whole I see a positive trend in the operations of the troop groupings," Putin told army leaders Friday, dressed in military attire.

"Undoubtedly, one of the main objectives remains the liberation of the Donetsk People's Republic," he added, using the Kremlin's name for the eastern Donetsk region.

European leaders put on a show of unity with Zelensky Friday as he grappled with Trump.

"This is no time to withdraw the support to Ukraine. This is no time to relieve Russia's sanctions," said European Council chief Antonio Costa.

"Now it is time to increase our support, to increase our pressure."

European concerns have been heightened by disruptions to a critical US-provided satellite system that has hampered Ukraine's ability to counter Russia's intense bombardments.

E.Lau--ThChM