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World in brief: January 27, 2024

EUROPEAN UNION: Leaders of the EU agreed an extension of a raft of sanctions on Russia until July 31.

The sanctions, aimed at depriving Russia of funds to finance its war against Ukraine, were extended after Hungary lifted its objections to the move.

The sanctions target trade, finance, energy, technology, industry, transport, luxury goods and a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU. 

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