Western allies have agreed that ‘selected Russian banks’ will no longer have access to the international payments systemRussia-Ukraine invasion latest news: follow live updatesRussia’s invasion of Ukraine has amplified pressure for tougher economic sanctions on Moscow. On Saturday night the US, Canada, UK, and Germany, have agreed to remove “selected Russian banks” from Swift – the world’s main international payments network – with the aim of hitting Russian trade and making it harder for its companies to do business. Continue reading…
Western allies have agreed that ‘selected Russian banks’ will no longer have access to the international payments system
Russia’s invasion of Ukraine has amplified pressure for tougher economic sanctions on Moscow. On Saturday night the US, Canada, UK, and Germany, have agreed to remove “selected Russian banks” from Swift – the world’s main international payments network – with the aim of hitting Russian trade and making it harder for its companies to do business.