29/11/17

Russia Warns Washington: Confiscating Gold Reserves Would Be "Declaration Of Financial War"



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Russia Warns Washington: Confiscating Gold Reserves Would Be "Declaration Of Financial War"
// Zero Hedge

Russian Finance Minister Anton Siluanov warned Washington yesterday:

"If our gold and currency reserves can be arrested, even if such a thought exists, it would be financial terrorism."

After making the point that Russia's budget is prepared for the possibility of tougher US/EU sanctions, RT reports that Siluanov warned if the west include the seizure of Russia's foreign exchange reserves, it would be regarded as a "declaration of a financial war."

According to Siluanov, the budget takes into account the risk of income shortfalls.

 

The budget is based on oil prices at $40 per barrel, which is almost a third lower than the current price.

 

The budget "has a ....

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