BREAKING NEWS

G7 leaders to hold crisis talks on Ukraine during nuclear summit

By REUTERS

MARCH 24, 2014 01:05

THE HAGUE - Leaders of the G7 nations are to hold talks on the sidelines of a nuclear security summit in The Hague on Monday to consider their response to Russia annexing Crimea, amid doubts that sanctions can constrain President Vladimir Putin.

Since the emergency 1-hour meeting was announced last Tuesday, Putin has signed laws completing Russia's annexation of the peninsula on the Black Sea and his troops seized a Ukrainian airbase there.

In what has become the biggest confrontation between the East and West since the Cold War, the United States and the European Union have imposed sanctions targeting some of his closest political and business allies, but it was unclear whether they went far enough to influence Moscow.

At The Hague, the G7 will probably discuss how to exert further pressure and at what potential cost.

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