Corker Says U.S. Sanctions Relating To Ukraine Have Strengthened European Resolve

Thursday, March 13, 2014
)

Appearing on MSNBC’s “Andrea Mitchell Reports,” Senator Bob Corker on Thursday said U.S. leadership has “stiffen[ed] the European resolve” regarding sanctions in response to Russia’s military intervention in Ukraine. Yesterday, Corker supported committee passage of bipartisan legislation that provides U.S. assistance for Ukraine and imposes sanctions against threats to Ukraine’s sovereignty and territorial integrity.

“In Europe…they are coalescing around some really strong sanctions. I think our leadership here in pushing that and certainly what the administration has done unilaterally; I think those things have come together to really stiffen the European resolve and their ability to put in place sanctions,” said Senator Corker.

The Sovereignty, Integrity, Democracy, and Economic Stability of Ukraine Act of 2014, which does not add to the debt and relies on appropriated funds within existing restraints on federal spending, includes the following provisions:

Loan guarantees: Authorizes the State Department to provide funds for the purpose of loan guarantees for Ukraine.

Asset recovery from corrupt Ukrainian officials: Requires the State Department and Justice Department to assist the Ukrainian government in the recovery of assets amassed by corruption Ukrainian officials, including former President Viktor Yanukovych.

Democracy and governance assistance: Authorizes $50 million for the purpose of technical, democracy, and civil society assistance for Ukraine and other Eastern Partnership countries.

Enhanced security cooperation with Ukraine and Europe: Directs the president and authorizes up to $100 million over FY 2015-2017 to provide security assistance for Ukraine and other countries in Central and Eastern Europe.

Sanctions for threats to Ukraine: Imposes sanctions, including visa bans and asset freezes, against persons determined to have engaged in violence or serious human rights abuses in Ukraine or activities undermining the territorial integrity of Ukraine.

IMF reform: Authorizes quota reforms in the IMF that help maintain American influence in the Fund and its veto power. U.S. financial commitments at the IMF would not increase, because while the U.S. contribution to the IMF’s main source of funding (or quota) will increase from an estimated $63 billion to $126 billion, the U.S. will reduce a corresponding $63 billion from U.S. contributions to a separate IMF account (the “New Arrangements to Borrow”) that was approved by Congress in 2009 to provide additional stability in the wake of the 2008 financial crisis. The budgetary impact of this provision is fully offset with current year spending.


Man Drove On Pineville Railroad Tracks Trying To Flee Police

Chattanooga Police Officer Giuseppe Troncone didn’t try to follow a 49-year-old man who tried to escape by driving his Cadillac on railroad tracks in the Pineville area, according to an affidavit filed in Hamilton County Criminal Sessions Court. Instead, he soon caught up with Alvin Donell Davis just by driving along East Elmwood Drive toward the “cloud of smoke coming from the ... (click for more)

Man Rescued After Fall From Bridge At Rainbow Lake On Signal Mountain

A 57-year-old man was rescued after a fall from a bridge at Rainbow Lake on Signal Mountain on Saturday morning. At 8:30 a.m. , a 911 call was made reporting that the hiker had sustained injuries from a low fall from a suspension bridge on the Signal Point trail. The Signal Mountain Fire Department responded and requested a mutual aid response for Walden's Ridge Emergency ... (click for more)

Best City, Really? - And Response

I believe the success Chattanooga has had in the best outdoor city contest has got to be the "Ridge Cut" trail. To be able to sit in your vehicle while inching along right beside the old steel plant and, of course, the train yard where tankers sit loaded with hazardous gases. Then passing through one of the city's most active areas for gunfire, it's a win win.   It's ... (click for more)

Roy Exum: City Limits Worry Dogs, Cats

If you are a dog or a cat in the Chattanooga area, it is very important to know exactly where the city limits are. You need to know that if a stray animal is rescued in the city, it is taken to one of the finest animal shelters in all of America. But if the errant pooch or tabby is found in Hamilton County – outside the city limits -- it is taken to arguably the worst animal facility ... (click for more)

Baylor School Hires Tennessee Wesleyan’s Billy Berry As New Varsity Baseball Coach

Baylor School has announced that Tennessee Wesleyan’s Billy Berry , the 2012 NAIA National Coach of the Year, is the new varsity coach for the Red Raider baseball program.   Berry replaces Gene Etter, who announced his retirement this spring after 41 seasons as the Red Raiders head coach. “The quality of this applicant pool was fantastic. Billy is a national ... (click for more)

Chattanooga Advances To National Amateur Championship

The Chattanooga Football Club beat the Maryland Bays 2-0 Friday night in the second semifinal game of the 2014 National Amateur Championships here in Chattanooga. Chattanooga advances to play the Michigan Bucks Saturday night at 7:30 in the championship. The two teams are competing for the Hank Steinbrecher Trophy which is awarded to the top amateur team in the nation.   ... (click for more)