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  • Schaeuble urges G7 states to press on with reforms Sunday, 29 Jun 2014 | 12:04 PM ET

    BERLIN, June 29- German Finance Minster Wolfgang Schaeuble has urged the Group of Seven leading industrialised nations to push on with budget consolidation and reforms, days before Germany takes over presidency of the group.

  • Leaders of the G7 committed themselves to eight far-reaching accords that would encompass more than 80 percent of the world's economy but that effectively sideline China and Russia and have met with protests, particularly in Europe.

  • LONDON, May 8- The Bank of England looks set to keep interest rates at a record low on Thursday, despite signs that the recovery is picking up more speed and that house prices are surging. Britain is likely to grow faster than any other Group of Seven economy this year and expectations are building that the BoE might raise borrowing costs sooner than it has signalled.

  • ROME, May 6- Europe will be saddled with its dependence on Russian gas for years, ministers from the Group of Seven industrial nations said on Tuesday, condemning the use of energy as a weapon of political coercion.

  • ROME, May 6- There is no quick fix for Europe's energy dependence on Russia, Germany's Economic Affairs and Energy Minister said on Tuesday as G7 energy ministers readied a statement on the need to diversify energy supplies.

  • *Fed meets Tues-Wed, Bank of Japan policy review on Wed. Global financial markets are still on alert for developments in Ukraine, with the United States and its G7 partners preparing tougher sanctions against Russia.

  • *Separatists accuse observers of spying for NATO. SLAVIANSK, Ukraine, April 26- Leaders of the Group of Seven major economies agreed to impose more sanctions on Russia over the crisis in Ukraine, where armed pro- Moscow separatists have detained a group of international observers they accuse of being NATO spies.

  • SLAVIANSK, Ukraine/ SEOUL, April 26- Leaders of the Group of Seven major economies agreed to impose extra sanctions on Russia over its intervention in Ukraine, where armed pro- Moscow separatists detained a group of international observers and accused them of being NATO spies.

  • *Russian aircraft entered Ukraine airspace, Pentagon says. SLAVIANSK, Ukraine/ SEOUL, April 26- The leaders of the Group of Seven major economies agreed on Saturday to swiftly impose further sanctions on Russia over the Ukraine crisis, and the United States could unveil its new punitive measures as early as Monday, officials said.

  • TEXT-G7 statement on further sanctions against Russia Saturday, 26 Apr 2014 | 3:47 AM ET

    April 25- The leaders of the Group of Seven major economies agreed on Saturday to swiftly impose further sanctions on Russia over the Ukraine crisis, and the United States could unveil its new punitive measures as early as Monday.

  • SEOUL, April 26- The leaders of the Group of Seven major economies agreed on Saturday to swiftly impose further sanctions on Russia over the Ukraine crisis, and the United States could unveil its new punitive measures as early as Monday, officials said.

  • SEOUL, April 26- The leaders of the Group of Seven major economies agreed on Saturday to swiftly impose further sanctions on Russian individuals over the Ukraine crisis, and the United States could unveil its new punitive measures as early as Monday, officials said.

  • WASHINGTON, April 11- A group of the world's leading rich nations will support increasing sanctions against Russia if Moscow escalates the crisis in Ukraine, U.S. The G7 includes the United States, Canada, France, Germany, Italy, Japan and Great Britain.

  • G7 ministers say talked about Ukraine's financing needs Thursday, 10 Apr 2014 | 6:46 PM ET

    WASHINGTON, April 10- Top finance officials from the Group of Seven developed nations said they discussed Ukraine's financing needs and the international response at an informal meeting on Thursday. "This included a discussion of the situation in Ukraine, its financing needs and the international response."

  • G7 ministers to meet Thursday on economy, Ukraine Wednesday, 9 Apr 2014 | 9:57 AM ET

    April 9- Finance ministers from the Group of Seven industrialized nations will meet on Thursday in Washington to discuss the global economy and the situation in Ukraine, sources said.

  • EU wants US gas     Wednesday, 26 Mar 2014 | 6:09 AM ET

    Sanctions are in place and tensions remain high as G-7 leaders meet to discuss Russia's power grab in the Ukraine and the possibility of relaxing current gas export rules to the EU from the U.S., reports CNBC's Annette Weisbach.

  • President Barack Obama and major industrialised allies warned Russia on Monday it faced damaging economic sanctions if President Vladimir Putin takes further action to destabilise Ukraine following the seizure of Crimea.

  • *G7 to warn Russia of tougher sanctions if Ukraine crisis escalates. President Barack Obama conferred with major industrialised allies in the Group of Seven on Monday on how to pressure Russia over its seizure of Crimea after Ukraine told its remaining troops to leave the region for their own safety.

  • *G7 to warn Russia of tougher sanctions if Ukraine crisis escalates. President Barack Obama sought support from European allies and China on Monday to isolate Russia over its seizure of Crimea, and Ukraine told its remaining troops to leave the region after Russian forces overran one of Kiev's last bases there.

  • *Russia tightens grip on Crimea. *Sanctions against Russia, G8 summit in Sochi on agenda.