G7 Leaders Agree To Impose New Sanctions On Russia

G-7: New Sanctions on Russia Over Ukraine -- Voice of America

The Group of Seven major economies has agreed to "move swiftly" on new sanctions against Russia because of Russia's actions in Ukraine.

In a joint statement released late Friday, the G-7 nations (- the U.S., Canada, Britain, France, Gernamy, Italy and Japan -) said they would take measures to intensify "targeted sanctions."

A U.S. official said the sanctions could begin as early as Monday.

Ukrainian Prime Minister Arseniy Yatsenyuk has accused Russia of wanting to occupy Ukraine "militarily and politically," as both Kyiv and Moscow mass troops close to their mutual border. Mr. Yatsenyuk told an interim Cabinet meeting that Moscow "wants to start World War Three."

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G7 statement on further sanctions against Russia -- Reuters
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G7 agrees sanctions on Russia as stakes jump in Ukraine crisis -- Global Post/AFP
G7 agrees new sanctions on Russia over Ukraine crisis -- France 24
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Ukraine crisis: G7 to 'intensify sanctions' on Russia -- The Telegraph
Ukraine crisis: G7 countries agree to intensify sanctions against Russia -- The Guardian
US, Europeans to Slap New Sanctions on Russia -- ABC News
G-7 agrees to fresh Russia sanctions -- Japan Times/AFP/AP
G7 to Impose Fresh Sanctions on Russia over Ukraine -- IBTimes
U.S., G-7 allies will impose new sanctions against Russia as soon as Monday -- Washington Post
New sanctions to target Russian energy -- SKY News
G-7 leaders agree to 'move swiftly' to impose new sanctions on Russia -- FOX News
G-7 agrees to slap more sanctions on Russia; markets on edge -- Economic Times
Russia's Credit Rating Cut To Just Above 'Junk' -- CPB News

My Comment: Why does this not surprise me .... European firms seek to minimize Russia sanctions -- CNBC