RUSSIA Could Lose Its Place In G-8, Face Sanctions

Russia’s actions in Ukraine could cause Moscow to lose its place in the G-8 and face economic sanctions, U.S. Secretary of State John Kerry said March 2, Reuters and RT reported. The European Union and the United States have called for Russia to show restraint, but they are unlikely to intervene militarily in Ukraine, though a NATO meeting has been called to discuss the situation.

http://www.stratfor.com/situation-report/us-russia-could-lose-its-place-g-8-face-sanctions