Biden urges G7 to stay together as leaders target Russian gold, oil price

27/06/2022 11:33:00 AM

US President Joe Biden told allies 'we have to stay together' against Russia on Sunday as G7 leaders gathered for a summit dominated by war in Ukraine and its impact on food and energy supplies and the global economy.

SCHLOSS ELMAU, Germany (Reuters) - US President Joe Biden told allies"we have to stay together" against Russia on Sunday as G7 leaders gathered for a summit dominated by war in Ukraine and its impact on food and energy supplies and the global economy.experts to stop oligarchs from buying the precious metal to avoid sanctions aimed at Moscow.experts to stop oligarchs from buying the precious metal to avoid sanctions aimed at Moscow.The price of 24-carat gold has decreased by Rs600 per tola.

At the start of the meeting in the Bavarian Alps, four of the Group of Seven rich nations moved to ban imports of Russian gold to tighten the sanctions squeeze on Moscow and cut off its means of financing the invasion of Ukraine.But it was not clear whether there was G7 consensus on the plan, with European Council President Charles Michel saying the issue would need to be handled carefully and discussed further.At their meeting in the Bavarian Alps, the Western allies will take stock of the effectiveness of sanctions imposed so far against Moscow, consider possible new aid for Kyiv, and begin turning their eye to longer-term reconstruction plans.Britain, the United States, Japan and Canada agreed the ban on new Russian imports, the British government said on Sunday.The European Union this past week offered a strong show of support when it granted Ukraine candidate status, although the path to membership is long.Britain said the ban was aimed at wealthy Russian s who have been buying safe-haven bullion to reduce the financial impact of Western sanctions.- 'Fully occupied' - Sunday's strike in Kyiv comes a day after the mayor of key industrial hub Severodonetsk said the city had been"fully occupied" by Russian troops.Russian exports were worth $15.The price of 10-gram silver has also witnessed stability as it is traded for Rs1337.

5 billion last year.Severodonetsk was the scene of weeks of running battles before the Ukrainian army began withdrawing its outgunned forces to better defend the neighbouring city of Lysychansk.Severodonetsk was the scene of weeks of running battles before the Ukrainian army began withdrawing its outgunned forces to better defend the neighbouring city of Lysychansk.The G7 leaders of Britain, France, the United States, Germany, Japan, Italy and Canada, were also having"really constructive" talks on a possible price.

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G7 to ban Russian gold imports, choking key market for PutinThe United States said Sunday that the G7 group of nations will ban imports of Russian gold with the aim of tightening sanctions screws on Moscow and حیرت ھے سات لاکھ کی پاکستانی فوج میں ایک بھی غیرت مند راشد منہاس نہیں بچا جو غدار باجوے اور اسکے ساتھ دوسرے غداروں کو جہنم واصل کر کے پاکستانی قوم کو ان سے نجات دلا سکے۔ ان غداروں سے جان چھڑوا لو پھر سرحدوں کی حفاظت کرنا۔ورنہ یہ غدار شہیدوں کا لہو بیچ کر کھاتے رہیں گے ۔

G7 to ban Russian gold imports, choking key market for PutinThe United States said Sunday that the G7 group of nations will ban imports of Russian gold with the aim of tightening sanctions screws on Moscow and حیرت ھے سات لاکھ کی پاکستانی فوج میں ایک بھی غیرت مند راشد منہاس نہیں بچا جو غدار باجوے اور اسکے ساتھ دوسرے غداروں کو جہنم واصل کر کے پاکستانی قوم کو ان سے نجات دلا سکے۔ ان غداروں سے جان چھڑوا لو پھر سرحدوں کی حفاظت کرنا۔ورنہ یہ غدار شہیدوں کا لہو بیچ کر کھاتے رہیں گے ۔

Gold price sees another decreaseThe price of gold Saturday witnessed smaller decrease despite the rupee continuing its downward trend against the US dollar, reported 24NewsHD TV channel. حیرت ھے سات لاکھ کی پاکستانی فوج میں ایک بھی غیرت مند راشد منہاس نہیں بچا جو غدار باجوے اور اسکے ساتھ دوسرے غداروں کو جہنم واصل کر کے پاکستانی قوم کو ان سے نجات دلا سکے۔ ان غداروں سے جان چھڑوا لو پھر سرحدوں کی حفاظت کرنا۔ورنہ یہ غدار شہیدوں کا لہو بیچ کر کھاتے رہیں گے ۔

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