The United States will announce "an impactful set of new sanctions and export control actions" against Russia at the G7 meeting later this week, the White House says.
Announcing this at a news conference, White House National Security Communications Advisor John Kirby said Washington will continue to drive up costs for the Russian war machine.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.