Monday, October 3, 2022
HomeUSA NewsBiden bans Russian gold imports, G-7 leaders think about new sanctions

Biden bans Russian gold imports, G-7 leaders think about new sanctions


ELMAU, Germany — The U.S. introduced on Sunday that it’s going to ban new imports of Russian gold because it steps up efforts to deprive Vladimir Putin of the monetary assets he wants to take care of his assault on Ukraine.

Biden administration officers made the announcement because the U.S. president ready to fulfill with the leaders of France, Germany, Canada, the UK, Italy and Japan. The nations collectively make up an financial alliance referred to as the Group of Seven.

“The USA has imposed unprecedented prices on Putin to disclaim him the income he must fund his struggle in opposition to Ukraine,” President Joe Biden stated in a tweet. “Collectively, the G7 will announce that we’ll ban the import of Russian gold, a serious export that rakes in tens of billions of {dollars} for Russia.”



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