Economics
Ukraine Truce Teeters as Kerry, Merkel Warns on Sanctions
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Ukraine’s two-month-old truce is in peril amid new fighting as insurgents raised doubts about a cease-fire and the U.S. and Germany sounded warnings that Russia risked more sanctions over the conflict.
A move by Ukrainian President Petro Poroshenko to revoke the special status of the rebel-held areas will scuttle the truce struck in Minsk, the breakaway regions said in a joint statement today. German Chancellor Angela Merkel urged the European Union to consider more sanctions, while U.S. Secretary of State John Kerry warned “pressure will increase” if the Sept. 5 agreement isn’t implemented.