Jim Risch
U.S. senators seek possible sanctions over Ethiopia conflict abuses
Two U.S. senators have called on their government to consider imposing sanctions on any political or military officials found to be responsible for human rights violations during a month of conflict in Ethiopia’s northern Tigray region. The proposed resolution was introduced on Wednesday by Senator Ben Cardin, a Democrat, and Senator Jim Risch, a Republican. It was the first such call by U.S. lawmakers since war between Ethiopian federal forces and the Tigray People’s Liberation Front (TPLF) broke out on Nov. 4. The conflict is thought to have killed thousands and displaced more than 950,000 people, according to United Nations estimates, about 50,000 of them into Sudan. Concern has mounted over reports of civilians targeted by both sides, posing a policy dilemma for the United States, whic...
Gold rises on renewed US stimulus hope, dollar falls
Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...
