Thursday, 2 November 2023

US to sanction Malaysia?

 No News Is Bad News

For image info, go to https://www.gao.gov/blog/growing-use-economic-sanctions (The growing use of economic sanctions)

US to sanction Malaysia?

KUALA LUMPUR, Nov 2, 2023: The Anwar Ibrahim-led Madani Unity Government (UG) may be in serious trouble.

The US House of Representatives has approved a bill to sanction foreign supporters of the Hamas and the Palestinian Islamic Jihad terrorist movements today.

The bill would require the president to periodically report to Congress a list of each foreign person who knowingly provides “significant support or services” to a senior member or supporter of Hamas or the Palestinian Islamic Jihad.

Should Malaysia be sanctioned, the already ballooning RM1.5 trillion national debt is set to soar as the country’s economy will be stressed, to say the least, and further weakening the Ringgit.

Who then is responsible for inviting such a sanction? And, not forgetting, the domestic political impact?

No News Is Bad News reproduces below a news report on the US bill:

Jerusalem Post  US Politics

US House approves bill to sanction Hamas supporters

Some 45 Democrats and one Republican voted in opposition to the bill.

By JERUSALEM POST STAFFNOVEMBER 2, 2023 02:13Updated: NOVEMBER 2, 2023 09:28

Newly elected Speaker of the House Mike Johnson (R-LA) gets a standing ovation from Republican members of the House as he addresses members after being elected to be the new Speaker of the House at the US Capitol in Washington, US, October 25, 2023(photo credit: Elizabeth Frantz/Reuters)

The US House of Representatives approved a bill to sanction foreign supporters of the Hamas and the Palestinian Islamic Jihad terrorist movements on Wednesday night.

The bill, titled the Hamas International Financing Prevention Act, passed 363-46. Some 45 Democrats and one Republican voted in opposition of the bill. First introduced in the House in January, it will now head to the Senate.

The bill would require the president to periodically report to Congress a list of each foreign person who knowingly provides “significant support or services” to a senior member or supporter of Hamas or the Palestinian Islamic Jihad.

Any such person must have two or more sanctions imposed on them.

The president would also be required to provide Congress with a list of any foreign governments that have repeatedly provided material support for the terrorist groups’ activities. These governments will be barred from receiving US assistance or the exports of controlled munitions for one year. International financial institutions will also be instructed to oppose providing assistance to these governments for a year.

 

AIPAC | Text ISRAEL to 24722 | #StandWithIsrael

 

@AIPAC

 

The House just overwhelmingly passed a bipartisan bill to sanction supporters of Hamas, following the terrorist group’s brutal terrorist assault against Israelis on Oct. 7. The Hamas and Other Palestinian Terrorist Groups International Financing Prevention Act targets foreign entities and nations that continue to support Hamas. Thank you

@RepBrianMast

and

@RepJoshG

for leading this important bipartisan initiative.

 

Palestinians take part in a protest in support of the people of Gaza, as the conflict between Israel and Hamas continues, in Hebron in the West Bank, October 20, 2023. (credit: WISAM HASHLAMOUN/FLASH90)

The bill provides for certain exceptions and waivers.

AIPAC welcomed the passing of the bill, thanking Rep. Brian Mast (R-Florida, 21st District) and Rep. Josh Gottheimer (D-New Jersey, 5th District) for leading the effort to pass the bill.

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