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Russian President Vladimir Putin and U.S. President Barack Obama hold a bilateral meeting at the G20 summit in Los Cabos, Mexico, on June 18, 2012.
Russian President Vladimir Putin and U.S. President Barack Obama hold a bilateral meeting at the G20 summit in Los Cabos, Mexico, on June 18, 2012.
(CAROLYN KASTER/ASSOCIATED PRESS)

Sorry, Mr. Obama, this is a new Cold War. Here are seven reasons why

It was the first question U.S. President Barack Obama was asked at a press conference on Tuesday as he announced new sanctions targeting the defence, finance and energy industries of the Russian Federation.

“Is this a new Cold War, sir?”

Mr. Obama replied that it was not. The United States and Russia, he said, were divided only over “a very specific issue related to Russia’s unwillingness to recognize that Ukraine can chart its own path.”