Cutting Russia off from the world's largest financial messaging network is perhaps the strongest sanction yet in response to Russia's invasion of Ukraine. But it could also have massive implications worldwide.
Cutting Russia off from the world's largest financial messaging network is perhaps the strongest sanction yet in response to Russia's invasion of Ukraine. But it could also have massive implications worldwide.
Cutting Russia off from the world's largest financial messaging network is perhaps the strongest sanction yet in response to Russia's invasion of Ukraine. But it could also have massive implications worldwide, impacting the EU and confidence in the US dollar.
The United States and its NATO allies have rolled out an unprecedented number of sanctions against Russia as punishment for its invasion last week of Ukraine, including banning exports of cutting-edge technology to Russia. One measure that Ukraine and some of its allies pleaded for is to cut Russia off from SWIFT, the world’s largest