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UK's Johnson says pressure could be applied to Putin's gold reserves

Current Affairs Mar 24, 2022 08:08
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© Reuters. British Prime Minister Boris Johnson walks to board a plane to Brussels, Belgium to take part in a NATO summit to discuss Russia's invasion of Ukraine, at London Stansted airport, Britain March 24, 2022. REUTERS/Henry Nicholls

LONDON (Reuters) -Britain and its western allies will increase the economic pressure on Russia by examining whether more can be done to prevent President Vladimir Putin from accessing gold reserves, Prime Minister Boris Johnson said on Thursday.

Western sanctions have frozen much of Russia's central bank's $640 billion in assets, barred several banks from global payments system SWIFT and hammered the rouble.

Ahead of a NATO meeting in Brussels, Johnson told LBC Radio that Putin had already crossed a red line and that he should appear before the International Criminal Court.

"We need to do more," he said. "And so we need to do more economically. Can we do more to stop him using his gold reserves for instance, in addition to his cash reserves?

"The more pressure we apply now, particularly on things like gold, that I believe the more we can shorten the war."

Johnson added that U.S. President Joe Biden was right to say that Russia was guilty of committing war crimes.

"It is right that Russia should now be called before the International Court of Justice and right that President Putin should appear before the International Criminal Court. "There is no question that what they are doing is war crimes."

UK's Johnson says pressure could be applied to Putin's gold reserves
 

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Comments (6)
Jerry Cane
Jerry Cane May 12, 2022 9:43
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He fails to mention that Russian gold reserves are in Russia. Small detail...
faridatul akma mohammad kamil
faridatul akma mohammad kamil Apr 30, 2022 20:18
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step of law hope improvement soon with Microsoft development
faridatul akma mohammad kamil
faridatul akma mohammad kamil Apr 30, 2022 20:18
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step of law hope improvement soon with Microsoft development
Cedric Cedric
Cedric Cedric Apr 06, 2022 23:41
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Seize it and give it to uk companies that had to seize operations in Russia.
klaudia fabianska
klaudia fabianska Mar 25, 2022 7:49
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bs main stream propaganda
Robin Mitha
Robin Mitha Mar 24, 2022 11:51
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Hypocracy.....firstly Mr Jhonson ahould know that the US doesnt recognise the International Court , secondly we have yet to see Bush an Blair being charged for lying about wepons of mass destruction and war crimes in Iraq.
 
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