You Searched For "swift russia" and got 20 results
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2 mins read
Russia and Iran are combining their banking systems to get around being banned from SWIFT
"The financial channel between Iran and the world is being repaired," Mohammad Farzin, Iran's chief…
Jennifer Sor
1 min read
Chinese and Indian companies are about to be hit by sanctions because of their ties to Russia, reports say
The European Union wants to sanction three Chinese companies for supporting Russia's war in Ukraine…
George Glover
3 mins read
What is SWIFT, how does it work, why is it important and how nations are using it to punish Russia
But what does it mean? What exactly is SWIFT and why is it so important that the US and European…
2 mins read
Russia's resilience to sanctions shows it is 'costly and unattainable' to isolate a large and globally integrated economy, economist says
There are valuable lessons from the West's sanctions against Russia that could be applied to potent…
Huileng Tan
3 mins read
A top investor in global brands from Airbnb to Snap says we need swift 'guardrails' to get countries on the same page about AI
"You want to have a level playing field for innovation," the CEO of the VC firm General Catalyst to…
Rebecca Torrence
2 mins read
Ukrainian commander says he ended up fighting against his own father who sided with Russia
A Ukrainian commander said how his own father, fighting for Russia, called him up after their units…
Mia Jankowicz
2 mins read
China is learning to prepare for a drawn-out war after watching Russia struggle for years in Ukraine: think-tank
In 2023, China began spelling out how its leaders can mobilize reservists, recall veterans, and cha…
Matthew Loh
2 mins read
Major fund managers have frozen at least $3 billion in assets exposed to Russia as Ukraine war wreaks havoc on markets, reports say
Major firms have halted redemptions from Russia-linked funds, meaning at least $3 billion in assets…
Hamza Fareed Malik
3 mins read
A SWIFT ban for Russia may sound important but there are many ways the country can get around it, according to experts
According to Mitch Thomas, a SWIFT ban does have some utility but the initial thoughts of how deepl…
Zahra Tayeb
3 mins read
Here's why Swift — the global banking system's group-text — could be the next big step for sanctioning Russia
Swift helps more than 11,000 banks around the world communicate. Cutting Russia out would bring sev…
Ben Winck
2 mins read
Russia edges closer to being banned from SWIFT banking system as more EU countries support move
Cutting Russia out of the SWIFT system would effectively break off the country from the global fina…
Zahra Tayeb
3 mins read
Western sanctions are already disrupting Russia's economy, with the ruble slumping 30% and interest rates jumping to 20%. Here's what's happening and how the situation could play out.
Analysts at Rabobank believe the sanctions could prompt "perhaps the worst economic and financial c…
Grace Dean,Harry Robertson,Ja…
1 min read
Russia says it will no longer disclose the names of organizations that use its alternative to the SWIFT payment system
Some Russian banks have been banned from the SWIFT banking system due to sanctions over the Ukraine…
Huileng Tan
2 mins read
Zelenskyy's former press secretary says international attention on Ukraine has 'stayed strong' and is 'even getting stronger'
Iuliia Mendel told Insider that Russia's invasion has implications beyond Ukraine — a reality of wh…
Erin Snodgrass
2 mins read
China is working to protect its overseas assets amid fears the US could impose Russia-style sanctions, reports say
China has offered almost unwavering support for Vladimir Putin following the Russian invasion of Uk…
Sam Tabahriti
4 mins read
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here's what they would mean for the US dollar.
China has ambitions to make the yuan the most dominant reserve currency in the world, but it has a …
Huileng Tan
2 mins read
Oil heads to $100 a barrel as Ukraine crisis chokes off cash lines to Russian exporters
Some Russian banks were banned from the SWIFT international payments system, dealing a severe blow …
Hamza Fareed Malik
1 min read
Russia accuses Ukraine of planning to set off 'dirty bombs,' but foreign ministers around the world swiftly reject the claim
The US, the UK, and France dismissed Russia's claim in a joint statement and told Moscow not to use…
Huileng Tan
1 min read
Japan joins the EU, Canada, US, and UK in banning Russian access to SWIFT global banking services
Japan now completes full involvement of the ban from the G7. The country also plans to add further …
Bethany Biron
2 mins read
US, EU announce some Russian banks will be disconnected from the SWIFT banking system
Western nations agreed to disconnecting "selected Russian banks" from SWIFT to "ensure that this wa…