G-7 Threatens Russia With More Sanctions, Scraps Sochi Summit

The world’s leading industrial powers threatened further sanctions to deter the Kremlin from invading other parts of Ukraine and boycotted what was to be a Group of Eight summit hosted by President Vladimir Putin.

Meeting for the first time since last week’s annexation of Crimea by Russia, Group of Seven leaders said they won’t attend the planned G-8 meeting which was to have to been held in Sochi, site of the Winter Olympics, and will instead hold their own summit in June in Brussels.