G7 nations, including the US, are to ban new imports of Russian gold, Moscow's largest export after energy
Rising costs -- driven in part by the Russian invasion of Ukraine -- will be central to Sunday's agenda, where leaders will simultaneously work to sustain their pressure on Moscow while also looking for ways to ease price spikes that have cost them each politically.That could prove a challenging task.
Gold is the second largest export for Russia after energy. Biden has weathered some of the harshest blowback as he's seen his approval ratings drop amid a rise in prices."There may well be rising pressure in US politics, in the sense of some people in the primaries we've seen already have said I don't care about Ukraine. What matters is cost of living," one European official said ahead of this week's trip.
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