Britain and the US, along with allies such as Japan and Canada, are set to reveal a ban on new imports of Russian gold during the G7 Leaders’ Summit on Sunday, according to a statement by the UK government.

Deutsche Bank CEO Christian Sewing said on Wednesday the global economy may be headed for a recession as central banks scramble to combat inflation. “At least I would say we have 50% likelihood of a recession globally,” Sewing said at the Future of Finance Summit in Frankfurt, as quoted by Bloomberg.

Any effort to resolve the conflict between Moscow and Kiev peacefully will cause more harm than good, the UK PM has said The West needs to keep arming Ukraine instead of seeking a peaceful resolution to the conflict between Kiev and Moscow, UK Prime Minister Boris Johnson told French President Emmanuel Macron, according to Downing…