US Treasury Secretary Janet Yellen will meet this week with a bipartisan group of senators to discuss the possibility of freezing Russia’s $132 billion in gold reserves. Maine Senator Angus King has claimed that the legislation could pass the Senate as early as this week.

The initiative is meant to deprive Moscow of the opportunity to mitigate the effects of Western sanctions on its economy by monetizing other assets, in an effort to punish the Kremlin for its counter NATO military intervention in Ukraine.

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US Senator repeats calls to assassinate Russian president Vladimir Putin.

The American politicians behind the initiative believe that Moscow is using a gold standard to hinder the devaluation of its national currency, the ruble. Washington is concerned that vast gold reserves allow the Kremlin to purchase other currencies on the international market.

Russia’s Minister of Finance Anton Siluanov has previously declared that Moscow has lost access to nearly $300 billion worth of its reserves because of US regime and EU sanctions.

The Minister of Foreign Affairs of Russia Sergey Lavrov said that freezing the assets of the Central Bank amounts to ordinary theft.

RT. com / ABC Flash Point News 2022.

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Tu Gringito Favorito
Tu Gringito Favorito
Guest
26-03-22 14:16

I hope and pray that Russia nukes the USA Capitol building during the day, while in session, the second that this theft takes place

Mopat
Mopat
Guest
26-03-22 14:16

The most pathetic move yet from part of the USA if this happens “we” in America, and subsequently the World can kiss our asses goodbye. Things are degrading by the minute, and frankly I don’t see how a nuclear war is inevitable at this point.

TU144
TU144
Guest
26-03-22 14:17

At least Russia has gold. America looked after Europe’s gold during WW2 and then afterwards gave Europe useless dollars instead which was causing inflation so Nixon took the world off the gold standard and tied the dollar to to Saudi oil and the dollar has become more worthless than ever. I’m not even sure if the gold in America’s possession has ever been properly audited