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A top EU official has today urged Britain to get its act together over the sanctioning of Russian oligarchs, saying the

Jul 19th 2025, 4:30 pm
Posted by toby627878
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The House bill passed Wednesday limits National Security spending in fiscal year 2024 to $886 billion - in line with President Biden's budget request - and caps it at $895 billion in 2025, a one percent increase.

No doubt his family connections and dashing good looks will come in handy if Louis decides to pursue his dream of becoming an actor, with the viscount having studied at ArtsEd, an independent performing arts school based in Chiswick.

Frans Timmermans, the European Commission's first vice-president, said on Thursday that Britain was being left behind by the EU in the strength of its sanctions against Russian moneymen and their businesses



A monument of the Conservative politician Dundas at the Melville Monument in St Andrews Square, Edinburgh, became a focal point for discussion during Black Lives Matter demonstrations in June, last year.

The deal cuts some $21.4 billion from the IRS, which gained an additional $80 billion in funding from Democrats last Congress, but only immediately claws back $1.4 billion. White House officials said Biden agreed to shift $10 billion from the IRS to other funding priorities in fiscal year 2024 and another $10 billion in fiscal year 2025. 

So far Britain has banned Russian ships and aircraft from the UK, imposed restrictions on a number of Russian banks, successfully lobbied for Russia's removal from the Swift banking system, and personally sanctioned at least five oligarchs with known links to the Kremlin.

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The bill also expands work requirements for the Supplemental Nutrition Assistance Program (SNAP) and Temporary Assistance for Needy Families (TANF) - even though the changes are a pared-down version of what conservatives really want.

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Britain is still on course to bolster the Kremlin's coffers with £2billion-a-year for imported Russian liquefied natural gas as Brent crude oil today topped $119 per barrel, is now up almost 20% on the week and is expected to rise even higher because of the war in Ukraine;

It claws back roughly $29billion in unspent COVID funds, ends the pause on Biden's student loan repayments and cuts $1.9 billion - plus an additional $20 billion in the future - of the $80 billion for new IRS agents. 

Yesterday the Merseyside club confirmed it had suspended all commercial and sponsorship arrangements with Russian companies, including Usmanov's USM Holdings company, following the invasion of Ukraine.

Paul claims his proposal would balance the budget by 2028 by penalizing federal government if it continues spending at the current rate by initiating an automatic $302 billion cut to take effect in 2024 and another $241 billion cut in 2025.

'There was one failed attempt to get it through Parliament and the realistic and pragmatic approach that Dundas took was the only way - which many historians have written about - to make sure that the vision and final goal was achieved.'

His comments came as officials in France seized an £86million superyacht linked to Rosneft chairman Igor Sechin - a close ally of the Russian President - in the Mediterranean port of La Ciotat close to Marseille.
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