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Agence France-Presse in Brussels

The European Union announced on Saturday it had widened its sanctions against Russia over Moscow’s role in conflict-torn Ukraine to include the heads of intelligence services.

Russian Prime Minister Dmitry Medvedev on Thursday accused the Group of Seven of “cynicism” for backing Ukraine’s military operation against armed pro-Russian insurgents.

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Analyst say the risks are even greater with a new political leadership in Beijing which may be more sensitive to slights. So far, their response has been firm but guarded.

French President Francois Hollande and British Prime Minister David Cameron met on Friday for  talks on the European Union budget, amid fears that talks over the bloc’s trillion-euro budget could end without a deal.

European solar panel makers called for a second probe on Tuesday into imports from China, charging that not only are they dumped on the market but that Chinese firms get government subsidies.