G7 finance chiefs looking into further sanctions to isolate Russia

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BERLIN - The Group of Seven major economies expect agreement in coming days on possible further sanctions aimed at isolating Russia after its invasion of Ukraine, Germany's finance minister said afte

BERLIN - The Group of Seven major economies expect agreement in coming days on possible further sanctions aimed at isolating Russia after its invasion of Ukraine, Germany's finance minister said after talks on Tuesday .

"We had an exchange on the implementation of the current sanctions and we also exchanged proposals on what additional measures could be taken," Mr Lindner said, adding:"And in the coming days there will be an agreement on this". "The rouble is in free-fall," he said as the Russian currency weakened to around 112 to the dollar in trade on Tuesday.

Earlier, France's Bruno Le Maire declared an"all-out economic and financial war" against Russia to bring down its economy before rowing back on language he later said was inappropriate.

 

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