U.S. President Joe Biden announced “Together, the G7 will announce that we will ban the import of Russian gold, a major export that rakes in tens of billions of dollars for Russia,” via Twitter. The move comes right after Swiss refiners imported gold for the first time since February. Biden tweeted ahead of the G7 leaders arriving at Schloss Elmau, the luxury resort in the German Bavarian Alps. They are attending a summit about the Russian invasion of Ukraine and the global … Continue reading “With Russia About to Default US President Bidens Says G7 Will Ban Imports of Russian Gold”
G7 Commits to Accelerate Transition From Coal While China Builds Coal Capacity
The G7 in their communique Friday committed their nations to accelelerate it’s transition from coal in a conscious move from fossil to green fuel dependancy. Meanwhile over in China they are building coal capacity, again this shows their clear deference to the G7
Who Blinks First, G7 Faceoff Between America and Rest
This year’s G7 summit begins Friday in Canada at a time when tensions between the U.S. and the other six nations are on edge. Why, in a nutshell America wants new trade agreements, Germany, France, Italy, Canada, Japan and the U.K. say nope.