Ukraine: G7 vows 'swift' sanctions on Russia

The United States and other nations in the Group of Seven have agreed to “move swiftly” – as early as Monday – to impose additional economic sanctions on Russia for its actions in Ukraine.

In a joint statement released by the White House today, the G7 nations said they would act urgently to intensify “targeted sanctions” and also continue to prepare broader sanctions on key Russian economic sectors if Moscow took more aggressive action.