G7 Will Not Consider Any More Sanctions on Russia

HeffX-LTN learned Sunday that sanctions on Russia were not on the agenda when foreign ministers from the Group of Seven (G7) summit Sunday in Toronto, Canada/

The G7, comprised of representatives from the US, Canada, Germany, Britain, France, Italy and Japan, will instead look for ways to keep pressure on Russia, as well as Iran and NKorea, over their nuclear weapons programs.

The G7 decision to refrain from imposing further economic sanctions against Russia follows the US-led strike on Russian ally Syria against targets in the country days after a chemical weapons attack on Syrian citizens.

President Donald Trump dampened possibilities of further US sanctions against Russia following last week’s attack in Syria after Nikki Haley, US Ambassador to the United Nations, announced preparations were underway for a new round of penalties against the Kremlin.

She got the word and that is off the table.

Have a terrific week.

  against, G7, Iran, NKorea, pressure, Russia, sanctions

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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