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Topic: dollar

The United States Capitol at night (file image)
World
Saturday, 7/18, 01:22 PM

New US Russia sanctions bill advances, and stirs fears for the dollar

  • A bipartisan bill to punish Russia, a tribute to the late Senator Lindsey Graham, has gathered enough Senate support to move forward.
  • It would let President Trump slap tariffs of up to 100% on the biggest buyers of Russian oil.
  • Some economists warn the tactic could erode trust in the US dollar itself.

In brief

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