12/13 Closing Prices / revised 12/12/2024 21:59 GMT |  12/12 OPEC Basket $73.36 +$0.91 cents 12/13 Mexico Basket (MME)  $66.23 +$1.02 cents   10/30 Venezuela Basket (Merey) $58.30   +$3.39 cents  12/13 NYMEX Light Sweet Crude  $71.29 +$1.27 cents | 12/13 ICE Brent  $74.44 +$1.08 cents | 12/13 Gasoline RBOB NYC Harbor  $2.0 +0.07 % | 12/13 Heating oil NY Harbor  $2.27 +0.05 % | 12/13 NYMEX Natural Gas   $3.28 -5.1% | 12/13  Active U.S. Rig Count (Oil & Gas)  589 + 7 | 12/13 USD/MXN Mexican Peso $20.1257 (data live) 12/13 EUR/USD Dollar  $1.0501 (data live) | 12/16 US/Bs. (Bolivar)  $50.33190000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

Rights advocate Cardin replaces Menendez as US Senate Foreign Relations chair – Reuters

U.S. Senator Senator Ben Cardin (D-MD) is flanked by U.S. Rep. Steny Hoyer (D-MD) and Sen. Chris Van Hollen (D-MD), as he delivers introductory remarks before U.S. President Joe Biden was scheduled to speak about his economic agenda at Prince George's Community College in Largo, Maryland, U.S.
U.S. Senator Senator Ben Cardin (D-MD) is flanked by U.S. Rep. Steny Hoyer (D-MD) and Sen. Chris Van Hollen (D-MD), as he delivers introductory remarks before U.S. President Joe Biden was scheduled to speak about his economic agenda at Prince George’s Community College in Largo, Maryland, U.S. (Reuters)

Patricia Zengerle, Reuters

WASHINGTON
Energiesnet.com 06 28 2023

Senator Ben Cardin will serve as chairman of the U.S. Senate Foreign Relations Committee, replacing Bob Menendez, who faces felony bribery charges, after the Senate agreed to a resolution on Wednesday naming him to the position.

Menendez pleaded not guilty to the charges earlier on Wednesday.

It is the second time Cardin, a senior senator known for human rights advocacy, replaces fellow Democrat Menendez in committee leadership. Cardin also stepped in from April 2015 to February 2018 after Menendez faced federal corruption charges that were later dropped. At that time Menendez was ranking member, the panel’s top member from the minority party.

A three-term senator who turns 80 next week, Cardin has announced that he will not run for re-election next year.

Menendez last week stepped down from his role as chairman of the committee, as required under his party’s rules because he is facing felony charges. More than half of the Senate Democratic caucus has called for Menendez to resign.

Less hawkish than Menendez, Cardin has focused on human rights throughout his career, notably by authoring the Magnitsky Act, named for a lawyer who exposed corruption in Russia before dying in prison.

Passed in 2012 and expanded globally in 2016, the act allowed the U.S. government to sanction individuals involved in human rights violations, not just governments.

Menendez was an ally to Democratic presidents on most foreign policy issues, but became known for breaking with them, at times vociferously, in some high-profile cases.

The son of immigrants from Cuba, Menendez criticized then-President Barack Obama’s easing of relations with the Communist-ruled island and President Joe Biden’s moves toward talks with Venezuela.

But Cardin has also broken with Democrats, including in 2015, when he and Menendez were two of only four Democratic senators who voted against Obama’s nuclear deal with Iran.

Cardin’s appointment could signal a shift in policy toward Egypt, accused of bribing Menendez to use his influence on Egypt’s behalf. Cardin criticized Biden’s decision this month to release $235 million in military aid to Egypt.

“If we want to show the world that respect for human rights is a core dimension of U.S. national security interests, we need to do more in holding wayward governments accountable,” Cardin said in a statement.

Some lawmakers have called for a reassessment of the administration’s decision on aid to Egypt in light of Menendez’s charges.

Reporting by Patricia Zengerle; editing by Timothy Gardner

reuters.com 09 27 2023

Share this news

 EnergiesNet.com


About Us

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, EnergiesNet.com™  / Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia