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President Obama prepares to increase sanctions on Russia
President Obama prepares to increase sanctions on Russia

President Obama is preparing to increase U.S. sanctions on Russia in a coordinated effort with European leaders in response to Russia’s continued role in supporting the separatist fighters in neighboring Ukraine, a senior administration official said Monday. The sanctions would, for the first time, target key sectors of the Russian economy, including parts of its banking and energy industries. Obama held a conference call with the British, French, Italian and German heads of government Monday and agreed on a coordinated strategy, deputy national security advisor Tony Blinken said. The Europeans had shown a “determination to act,” he said. Fearing damage to their own...

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