G7 opens summit with gold export ban on Russia ...Middle East

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G7 opens summit with gold export ban on Russia
ELMAU CASTLE: World powers on Sunday agreed to ban gold exports from Russia, in new concerted action to cut off Moscow’s financial lifeline as G7 leaders met in southern Germany to lock down new support for Ukraine.US President Joe Biden(pix) and his counterparts from the world’s most industrialised nations are gathering at Elmau Castle in the Bavarian Alps before they continue on to Madrid for talks with NATO partners.They will seek to close ranks in their backing for Ukraine against Russia’s invasion while grappling with the intensifying global fallout of the war.From soaring inflation to a looming food crisis and energy shortages, Russia’s invasion of Ukraine, now in its fifth month, has

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