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Title : U.S. Senate Wants Sanctions On Russia's Gold Reserves
link : U.S. Senate Wants Sanctions On Russia's Gold Reserves

U.S. Senate Wants Sanctions On Russia's Gold Reserves

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Putin rapidly increased the pace of Russia's gold buying in 2014, just as the U.S. imposed fresh sanctions when Russia invaded Crimea 

Daily Mail: Republican and Democrat Senators propose bill to stop Putin liquidating $132billion in GOLD reserves in a bid to get around crippling economic sanctions 

* The bill is being introduced by Sen. Angus King, I-Maine, John Cornyn, R-Texas, Bill Hagerty, R-Tenn., and Maggie Hassan D-N.H. 

* It would apply secondary sanctions to anyone transporting gold from Russia's central bank holdings or selling gold physically or electronically in Russia 

* Sanctions against Russia have frozen the nation's foreign exchange assets 

* The senators note that the Kremlin is escaping sanctions through a loophole that allows the Kremlin to launder money through gold 

A group of bipartisan senators is putting forth a bill to cut Vladimir Putin off from the $132 billion Russia holds in gold reserves. 

The bill, introduced by Sen. Angus King, I-Maine, John Cornyn, R-Texas, Bill Hagerty, R-Tenn., and Maggie Hassan D-N.H., would apply secondary sanctions to anyone transacting with or transporting gold from Russia's central bank holdings or selling gold physically or electronically in Russia.  

Read more ....  

WNU Editor: After seizing (stealing) $630 billion in Russian foreign currency reserves, the US government is now focused on Russia's gold. So what is next? 

U.S. Senate Wants Sanctions On Russia's Gold Reserves

Scoop: Senators look to lock down Russia's gold reserves -- Axios 

Russia's $132 billion in gold reserves could face US sanctions as new legislation seeks to choke off potential lifeline, report says -- Business Insider 

U.S. Senators Seek to Bar Russia Selling Gold to Dodge Sanctions -- Bloomberg  

Senators seek to freeze Russian gold reserves -- The Hill

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