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Kerry (l) and Steinmeier: US sanctions ready to go, EU needs one more week to finalise options (Photo: state.gov)

US and EU prepare to strike Russian banks, energy firms

The US and EU are preparing to strike at Russian banks, energy and minerals firms if Russia invades mainland Ukraine.

Speaking to US senators in Washington on Tuesday (8 April) secretary of state John Kerry used blunt terms to describe events in Ukraine's Donetsk, Kharkiv and Luhansk regions in recent days.

“Everything that we’ve seen in the last 48 hours from Russian provocateurs and agents operating in eastern Ukraine tells us that they’ve been sent there determined to create ...

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Kerry (l) and Steinmeier: US sanctions ready to go, EU needs one more week to finalise options (Photo: state.gov)

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