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Economic News Headlines

U.S. lawmakers seek to impose more sanctions on 'menace' Russia

U.S. lawmakers pushed for more aggressive steps to counteract the Russian "menace" on Tuesday, despite Trump administration officials insisting current sanctions were having an effect and vowing to impose more economic pain if Moscow does not change its behaviour.

Britain presses for more EU sanctions against Russia

Britain pressed the European Union on Tuesday to increase sanctions against Russia, saying it should stand "shoulder to shoulder" with the United States, which hit Moscow with new economic restrictions this month.