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Trump waives broad new Russia sanctions, Zelenskyy condemns it as 'wrong'

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Core Development: Trump waives broad new Russia sanctions, Zelenskyy condemns it as 'wrong'
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Market & Financial Impact: Trump signed the Graham Bill, which targeted Russia over its invasion of Ukraine, into law in September.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Ukrainian President Volodymyr Zelenskyy on Saturday condemned the White House's waiver of key provisions of a recently enacted package of sanctions aimed at curbing Russia's ability to prosecute its war against Ukraine.

"... The decision to undo all of this, to block all of it, seems wrong to me," Zelenskyy said in a post on X. "And it definitely helps only the Russians. It only fuels their satisfaction and their desire to keep killing people."

President Donald Trump signed an executive order late Friday waiving key parts of the new U.S. sanctions on Russia.

"I have submitted to the Congress a certification that the issuance of such a waiver is in the national interests of the United States," Trump wrote in Friday's order.

The House passed the Russia sanctions bill on Sept. 16, and Trump signed it into law two days later. The bill was introduced over a year ago, and its primary backer was the late Lindsey Graham, a veteran Republican senator who represented South Carolina.

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Official Publisher Attribution: This report is aggregated from CNBC. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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