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President Obama prepares to increase sanctions on Russia
U.S., European nations to levy coordinated sanctions on Russia

President Obama and European leaders have agreed on a new, coordinated set of sanctions against Russia in response to Moscow’s continued role in supporting separatist fighters in neighboring Ukraine, a senior administration official said Monday. The sanctions will target key sectors of the Russian economy, including parts of its banking, energy and defense industries. Previous sanctions applied to specific Russian financiers, government officials and companies. Obama held a conference call with British Prime Minister David Cameron, French President Francois Hollande, German Chancellor Angela Merkel and Italian Prime Minister Matteo Renzi on Monday and agreed on the new strategy,...

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