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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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Putin and Poroshenko 'largely agree' way out of crisis

Russian President Vladimir Putin and his Ukrainian counterpart Petro Poroshenko have spoken by phone and "largely agree" on a possible way out of the Ukraine crisis, Interfax news agency reported, citing Putin's spokesman.

Vladimir Putin and Petro Poroshenko shaking hands during their last meeting. Credit: Reuters

"The viewpoints of the presidents of the two countries largely coincide on possible ways out of the grave crisis situation," Dmitry Peskov was quoted as saying.

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