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    US not in new Cold War with Russia- Obama

    President Barack Obama declared on Tuesday that United states is not in new Cold War with Russia but stressed that US is joining the European Union in slapping new sanctions on Russia’s energy sector, arms industry and financial institutions.

    Putin and Obama
    Putin and Obama

    “The major sanctions we’re announcing today will continue to ratchet up the pressure on Russia, including the cronies and companies supporting Russia’s illegal activities in the Ukraine,” he said.


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