SWIFT
Financial Sanctions – Hastening The US Economic Decline?
With the pivotal role played by the US military-industrial complex in WW II, the US displaced Britain as the dominant global economy and since then the US dollar has been…
By Col Deepak Kumar (Retd.)
Explainer-How the U.S. could tighten sanctions on Russia
By Daphne Psaledakis WASHINGTON (Reuters) - The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders,…
SBI stops transactions related to Russian entities under sanctions
New Delhi, Mar 3 (PTI): State Bank of India, the nation's largest lender, has stopped processing transactions of Russian entities that have been sanctioned by the West over Moscow's invasion…
Russians queue for cash as West targets banks over Ukraine
MOSCOW/LONDON (Reuters) - Russians waited in long queues outside ATMs on Sunday, worried that new Western sanctions over Moscow's invasion of Ukraine will trigger cash shortages and disrupt payments. Moves…
US, allies to cut off ‘selected’ Russian banks from SWIFT financial system to tighten sanctions on Moscow
Washington, Feb 27 (PTI) In a major move aimed to cripple Russia's economy, the US along with its key allies, including EU and the UK, have decided to disconnect key sanctioned…
China so far not helping Russia evade Western sanctions – U.S. official
By David Lawder WASHINGTON (Reuters) - China so far does not appear to be helping Russia evade Western financial sanctions on Moscow over its invasion of Ukraine, but doing so…
Explainer-A SWIFT primer as West moves to freeze Russia out of international payments
By Tom Bergin LONDON (Reuters) - The European Union, along with the United States and other Western partners, has announced further sanctions on Russia for its invasion of Ukraine, including…
Statement from Western allies on new sanctions against Russia
(Reuters) - Washington and its allies moved on Saturday to block some Russian banks' access to the SWIFT international payment system as part of more sanctions against Moscow as it…
UK leads drive to exclude Russia from SWIFT banking network
London, Feb 26 (PTI) The UK government is leading the charge in Europe to exclude Russia from the worldwide SWIFT banking network, as part of tough sanctions designed to deliver a…
Hungary won’t block any sanctions against Russia, PM Orban says
BUDAPEST (Reuters) - Hungary will support all European Union sanctions against Russia and will not block anything, Prime Minister Viktor Orban said on Saturday, speaking on the Ukrainian-Hungarian border. "Hungary…
Momentum grows to ban Russia from SWIFT payment system
WASHINGTON (Reuters) - Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank payments system in a…
SWIFT off Russia sanctions list, state banks likely target -U.S., EU officials
By Andrea Shalal WASHINGTON (Reuters) - U.S. and European officials are finalizing an extensive package of sanctions if Russia invades Ukraine that targets major Russian banks, but does not include…
