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Ukraine war

G-7 leaders condemn Ukraine invasion and announce Russia sanctions

U.K.'s Boris Johnson unveils financial and export measures targeting Moscow

British Prime Minister Boris Johnson records an address at Downing Street after he chaired an emergency Cobra meeting to discuss the U.K. response to the Russian invasion of Ukraine of Feb. 24.   © Reuters

BRUSSELS/BERLIN/LONDON -- Leaders from the Group of Seven advanced economies held an emergency virtual meeting Thursday, agreeing to bring forward "severe and coordinated economic and financial sanctions" against Russia over its invasion of Ukraine.

"This crisis is a serious threat to the rules-based international order, with ramifications well beyond Europe," they said in a joint statement issued after the summit. "We call on the Russian Federation to stop the bloodshed, to immediately de-escalate and to withdraw its forces from Ukraine."

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