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US warns Russia 'costs will rise' unless peace deal agreed

The White House said President Barack Obama urged Russian President Vladimir Putin in a phone call to agree to a peace deal.

"If Russia continues its aggressive actions in Ukraine, including by sending troops, weapons, and financing to support the separatists, the costs for Russia will rise," the White House statement added.

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France: Ukraine talks in Minsk 'likely' to go ahead

French Foreign Minister Laurent Fabius said peace talks are 'likely' to go ahead. Credit: Stefan Rousseau/PA

A four-way summit in Minsk aimed at resolving the Ukraine crisis is still very likely to go ahead as scheduled later today despite a number of unresolved issues, French Foreign Minister Laurent Fabius said.

"There are a number of problems which remain to be resolved...but it is very likely to go ahead. It is really a last-chance negotiation."

– French Foreign Minister Laurent Fabius

The planned meeting between leaders from Russia, Ukraine, France and Germany comes after rockets killed more than 10 civilians and soldiers in Ukrainian government-held territory yesterday.

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