G-7 leaders to ban Russia gold imports, monitor assertive China

Group of Seven leaders on Sunday looked set to tighten sanctions on Russia over its war on Ukraine after U.S. President Joe Biden said the group will ban Russian gold imports in a show of unity as the forum navigates the broader consequences of the prolonged war.In a three-day summit that opened Sunday in the German mountain resort of Schloss Elmau, the leaders also launched a global infrastructure program that will access $600 billion by 2027 to counter China's Belt and Road Initiative.The G-7 has enforced powerful sanctions on Russia in strong condemnation of its aggression. The impact of…READ FULL ARTICLE