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PM Trudeau returning back after finishing a week-long European trip by slapping sanctions on five more Russia oligarchs

BY The Canadian Press, Mar 12, 2022 2:01 AM - REPORT AN ERROR

Prime Minister Justin Trudeau capped a week-long European trip by slapping sanctions on five more Russia oligarchs for their close ties with President Vladimir Putin. (Photo - The Canadian Press)

Prime Minister Justin Trudeau capped a week-long European trip by slapping sanctions on five more Russia oligarchs for their close ties with President Vladimir Putin.

They include Roman Abramovich, who is a major shareholder in Evraz, a company that operates a steel mill in Regina.

G-7 leaders have issued a joint statement backing Ukraine, calling for an immediate ceasefire and withdrawal of Russian troops and promising further sanctions and economic policies targeting Russia's economy.

The leaders say they're also pushing global financial institutions including the World Bank and International Monetary Fund not to give Russia any financing.

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