{"id":1530679,"date":"2022-06-28T14:35:10","date_gmt":"2022-06-28T18:35:10","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1530679"},"modified":"2022-06-28T14:35:13","modified_gmt":"2022-06-28T18:35:13","slug":"biden-g-7-countries-will-ban-russian-gold-in-response-to-ukraine-war","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-g-7-countries-will-ban-russian-gold-in-response-to-ukraine-war\/","title":{"rendered":"Biden: G-7 Countries Will Ban Russian Gold in Response to Ukraine War"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-g-7-countries-will-ban-russian-gold-in-response-to-ukraine-war%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1530679&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Joe Biden announced on June 26 that the Group of Seven countries will ban Russian gold in response to the conflict in <a href=\"https:\/\/www.theepochtimes.com\/t-ukraine\">Ukraine<\/a>.<\/p>\n<p>\u201cThe United States has imposed unprecedented costs on Putin to deny him the revenue he needs to fund his war against Ukraine,\u201d Biden <a href=\"https:\/\/twitter.com\/POTUS\/status\/1540945453998436353\">said<\/a>. \u201cTogether, the G-7 will announce that we will ban the import of Russian gold, a major export that rakes in tens of billions of dollars for <a href=\"https:\/\/www.theepochtimes.com\/t-russia\">Russia<\/a>.\u201d<\/p>\n<p>A formal announcement is scheduled for June 28, according to the White House.<\/p>\n<p>Biden and other world leaders were meeting on the summit\u2019s opening day to discuss how to secure energy supplies and tackle inflation, aiming to keep the fallout from Russia\u2019s invasion of Ukraine from splintering the global coalition working to punish Moscow.<\/p>\n<p>In recent years, gold has been one of the top Russian exports after energy\u2014reaching almost $19 billion, or about 5 percent of global gold exports, in 2020, according to the White House.\u00a0The United States imported less than $200 million in gold from Russia in 2019, and under $1 million in 2020 and 2021.<\/p>\n<p>Earlier on June 26, Russian missiles struck an area in Kyiv, killing at least one person, an adviser to Ukrainian President Volodymyr Zelenskyy\u2019s office said.<\/p>\n<p>\u201cThe Russians hit Kyiv again. Missiles damaged an apartment building and a kindergarten. Russia should be designated a state sponsor of terrorism ASAP,\u201d Andriy Yermak\u00a0<a href=\"https:\/\/www.newsweek.com\/topic\/twitter\">wrote<\/a> on Twitter, adding that Ukraine \u201cneeds modern missile defense systems badly.\u201d<\/p>\n<p>Also June 26,\u00a0UK Prime Minister Boris Johnson seemed to make note of the lack of attention that\u2019s being focused on Ukraine\u2014especially amid decades-high inflation and gas prices.<\/p>\n<p>CNN\u2019s Jake Tapper asked Johnson a leading question about how the United States and the West could \u201ccombat Ukraine fatigue at a time when so many Western nations are struggling with<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden announced on June 26 that the Group of Seven countries will ban Russian gold in response to the conflict in Ukraine. \u201cThe United States has imposed unprecedented costs on Putin to deny him the revenue he needs to fund his war against Ukraine,\u201d Biden said. \u201cTogether, the G-7 will announce that we [\u2026]<\/p>\n","protected":false},"author":58,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1530679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1530679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1530679"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1530679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1530679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1530679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1530679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}