Gold Prices Steadied Above A Major Support Level On Monday As Growing Risks Of An Economic Recession Spurred Some Safe Haven Demand For The Yellow Metal. Prices also recovered marginally from a bruising September, where they dropped 3%. Bullion prices marked their worst quarter since March 2021 with a 7.5% drop Spot gold rose 0.2% to $1,663.99 an ounce, while gold futures were flat around $1,672 an ounce by 20:31 ET (00:31 GMT). Prices of…
The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy.
The report on Wednesday said that the US administration has made no final decision about who to send to Kyiv but it could be President Joe Biden, Vice President Kamala Harris, Secretary of State Antony Blinken, or Defense Secretary Lloyd Austin, Sputnik added
Moreover, the US announced to provide Ukraine with an additional 800 million US dollars’ worth of military aid including heavy artillery as Washington anticipated a “wider assault” by Russia in eastern Ukraine.
“As Russia prepares to intensify its attack in the Donbas region, the United States will continue to provide Ukraine with the capabilities to defend itself,” Biden said in a statement after a phone call with Ukrainian President Volodymyr Zelenskyy.
The United States has committed 1.7 billion dollars in security assistance to Ukraine since Russia began its “special military operation”.
Russian Foreign Ministry said on Wednesday that Moscow has added 398 members of the United States Congress to its travel ban list.
“In response to another ‘wave’ of anti-Russian sanctions imposed by the administration of (US President) Joe Biden on March 24 of this year against 328 lawmakers of the State Duma … which … constitutes almost its entire composition, ‘mirror’ sanctions are introduced against 398 members of the House of Representatives of the US Congress,” the ministry said in a statement, according to Russian media.
The ministry added that Russia plans to expand its travel ban list shortly.