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Russia says EU 'against peace' as US backs new sanctions

The Russian Foreign Ministry said the European Union has "made its choice against" a peace process in Ukraine by approving tougher sanctions against Russia.

President Barack Obama said the United States will join the EU in imposing sanctions on Russia's financial, energy and defence sectors after Moscow sent troops into eastern Ukraine last month.

David Cameron has spoken to European leaders and agreed to push ahead with the sanctions by the end of the week, his spokesman has confirmed.

After the announcement the Russian rouble reached a new historic low against the dollar.

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EU 'to decide new Russia sanctions within a week'

The EU will decide on new sanctions against the Russian government within a week, according to the German Chancellor, Angela Merkel.

Germany's Chancellor, Angela Merkel, warned of new sanctions against Russia. Credit: Kay Nietfeld/DPA/Press Association Images

She said there would be new measures if the situation on the ground in Ukraine does not change or if it deteriorates.

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