G7 Imposes New Sanctions on Russia After Summit ๐Ÿ‡บ๐Ÿ‡ธ

The G7 has announced a fresh wave of sanctions against Russia following their recent summit, intensifying economic pressure on Moscow. Learn more about the implications and what this means for international relations.

Wibbitz Politics Newsโ€ข1.2K viewsโ€ข1:30

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Russia Faces , Increased Sanctions , Following G7 Summit.
'Newsweek' reports that the Group of Seven
(G7) has agreed to impose a new
wave of sanctions on Russia.
'Newsweek' reports that the Group of Seven
(G7) has agreed to impose a new
wave of sanctions on Russia.
According to a senior Biden administration official, the new
sanctions are meant to isolate Moscow from the global
economy and restrict its access to military technology.
According to a senior Biden administration official, the new
sanctions are meant to isolate Moscow from the global
economy and restrict its access to military technology.
The official said the sanctions would close
loopholes on existing sanctions that allow
Moscow access to certain banned goods.
'Newsweek' reports that the sanctions also
target Russia's energy sector and its
access to the international finance system. .
According to the unnamed official, G7 leaders
will also vow to keep Russian sovereign assets
frozen until the war is brought to an end.
According to the unnamed official, G7 leaders
will also vow to keep Russian sovereign assets
frozen until the war is brought to an end.
'Newsweek' reports that Russia is facing sanctions on
technology like microchips that are necessary for developing
precision-guided munitions and advanced weapons.
'Newsweek' reports that Russia is facing sanctions on
technology like microchips that are necessary for developing
precision-guided munitions and advanced weapons.
The U.S. is expected to take a number of additional
steps that target different sectors of the Russian economy
and more closely align with EU and U.K. sanctions.
The U.S. is expected to take a number of additional
steps that target different sectors of the Russian economy
and more closely align with EU and U.K. sanctions.
Bottom line, we're upping
the economic pressure on Russia, Anonymous Biden administration official, via 'Newsweek'.
The new wave of sanctions comes as Ukraine
prepares for a counteroffensive aimed at
reclaiming territory taken by Russia.
Meanwhile, Ukrainian President Volodymyr Zelensky
has continued to call on Western allies
to increase military aid for his country.
Meanwhile, Ukrainian President Volodymyr Zelensky
has continued to call on Western allies
to increase military aid for his country
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Video Information

Views
1.2K

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Duration
1:30

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Published
May 18, 2023

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