Sunday, June 26, 2022

Biden says G-7 countries will ban Russian gold in response to the war in Ukraine

President Biden waves as he walks past Bavarian mountain riflemen and traditional costumers after his arrival in Germany on Saturday ahead of the G-7 summit.

Senior Biden administration officials said gold is Moscow's second largest export after energy. Banning imports would make it more difficult for Russia to participate in global markets, they said.

(Image credit: Daniel Karmann/AP)

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