KRÜN, Germany — President Biden and the leaders of the world’s leading democracies convened here Sunday for the annual Group of Seven summit, displaying resolve — and a bit of levity — in maintaining their commitment to supporting Ukraine as they seek to address global economic woes, food shortages and the needs of the developing world.
As meetings got underway Sunday morning at Schloss Elmau, a historic chateau in the Bavarian Alps, Biden said the U.S. and its allies would announce a ban on imports of Russian gold in a new effort to deny Moscow an economic lifeline amid ongoing sanctions from the West.
“We have to stay together because Putin has been counting on, from the beginning, that somehow NATO would — and the G-7 — would splinter,” Biden said, referencing Russian President Vladimir Putin, as he began a meeting with German Chancellor Olaf Scholz. “But we haven’t and we’re not going to.”