Transatlantic TakeWASHINGTON – The European Union and several European capitals have been in a tizzy about likely new U.S. sanctions on Russia. Following approval by the U.S. House of Representatives on July 25, by a near unanimous 419-3 vote, of new U.S. sanctions on Russia, Iran, and North Korea, the EU warned it was ready to retaliate against alleged U.S. overreach that could damage European interests, in particular EU energy security. This follows weeks of increasingly strident rhetoric from Brussels and Berlin in particular as sanctions legislation moved forward in the U.S. Congress, with European Commission President Juncker, German Chancellor …read more
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