Sunday, March 2, 2014

Kerry Warns Russia of Possible Eviction From G-8 - NYTimes.com



WASHINGTON — Secretary of State John Kerry warned on Sunday that Russia risked eviction from the Group of 8 industrialized nations if the Kremlin did not reverse its military occupation of Crimea in Ukraine.

“He is not going to have a Sochi G-8,” Mr. Kerry said on the NBC program “Meet the Press,” referring to the meeting of the industrialized nations that President Vladimir V. Putin of Russia is to host in June. “He may not even remain in the G-8 if this continues.”

“He may find himself with asset freezes on Russian business,” Mr. Kerry added. “American business may pull back. There may be a further tumble of the ruble. There’s a huge price to pay.”

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