The Kremlin said on April 21 that it was monitoring reports of a possible ban on exports to Russia by Western countries and that any new sanctions would hit the global economy. Japan's Kyodo news agency said the Group of Seven (G7) countries are considering a near-total ban on exports to Russia, citing Japanese government sources. Bloomberg News also reported that the United States and Ukraine's allies were considering "an outright ban on most exports to Russia." That report said officials from the G7 nations were discussing the idea before a summit meeting in Japan next month. To read the original story by Reuters, click here.