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Exclusion from SWIFT: What this could mean for Russia

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Exclusion from SWIFT: What this could mean for Russia

  PARIS, France (AFP) — Exclusion from SWIFT, a very discreet but important cog in the machinery of international finance, is one of the most disruptive sanctions the West has deployed against Russia for its invasion of Ukraine. The move had been threatened in recent weeks by the United States, the European Union and other Western allies as a means of escalating punishment of Russia for its aggressions against its ex-Soviet neighbour. On Saturday, as […]

   

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