Bloomberg News says the United States and Ukraine’s allies were considering 'an outright ban on most exports to Russia.'
The Kremlin said on Friday, April 21, it was monitoring reports of a possible ban on exports to Russia by Western countries, and that new sanctions would damage the global economy.
“We believe that both the current sanctions against the Russian Federation and the new additional steps that the US and the EU may be thinking about now will, of course, also hit the global economy. Therefore, this may lead to an increase in the trend towards a worldwide economic crisis.”news agency reported that the Group of Seven countries are considering a near-total ban on exports to Russia, citing Japanese government sources.
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