google.com, pub-9501031967421588, DIRECT, f08c47fec0942fa0 What is Swift and what would shutting Russia out of it achieve? ~ Bharath Bulletin

Thursday, February 24, 2022

What is Swift and what would shutting Russia out of it achieve?

The UK wants to bar Russia from the international payments network – but others doubt the sanction’s value

Russia’s invasion of Ukraine has amplified pressure for tougher economic sanctions on Moscow. The Labour leader, Keir Starmer, was among many to call for Moscow to be shut out of 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.

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