US says no need for new Russia sanctions
US President Donald Trump (right) and Russia's President Vladimir Putin talk during the Asia-Pacific Economic Cooperation (APEC) leaders' summit in the central Vietnamese city of Danang on November 11, 2017 (AFP Photo/JORGE SILVA)

World governments have canceled billions of dollars in potential deals with Russian arms companies, the US government said Monday, arguing there is no need for new sanctions to deter them. But there was no immediate news from the US Treasury on a much-anticipated list of Russian oligarchs that American authorities regard as close to President Vladimir Putin and thus eligible for sanctions