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financial network. a lot of people will be hearing more than they ever would about swift. what does this all mean? ha well, it means that the major russian banks, lindsay, will officially be unable to conduct international transactions with white senior biden administration official says, if the russian bank wants to make receive a transaction from a bank in, let s say, asia, they will have to use the telephone or the fax machine to do it. with the u.s. and european allies, they are also going after reserves that russia s central bank has built up in recent years, to try to protect russia and its currency from the effects of global sanctions, making russia s economy more resilient. the western nations are making sure russia can hide from the penalties of the west is imposing, the u.s. saying this week, they will create a task force to go after the assets of russian oligarchs. wealthy, kremlin connected

Lindsay riserCentral bankLets sayFax machineBank inTask forceRussian oligarchs