The White House and its allies promise to remove certain Russian banks from the SWIFT financial network

The White House and its allies promise to remove certain Russian banks from the SWIFT financial network

The United States, Canada and European allies are preparing to attack Russian financial institutions, including the central bank of that nation, with significant restrictions on what would be a significant escalation of his efforts to punish the Kremlin for its invasion of Ukrainethe allies said in a joint statement on Saturday night. They promised to … Read more

EU, US and UK to exclude some Russian banks from SWIFT

EU, US and UK to exclude some Russian banks from SWIFT

The European Union (EU), United States and their allies agreed to isolate several russian banks of the main international payment system, SWIFT. The measures were announced jointly and mark a significant escalation of sanctions against Russia. “This will ensure that these banks are disconnected from the international financial system and harm their ability to operate … Read more