A SWIFT Kick in Russia’s Assets Isn’t Enough

over 3 years in theepochtimes

Commentary As Russia’s invasion into Ukraine continues, among the U.S. responses is the denial of selected Russian banks’ access to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international financial messaging network. Keep in mind that the SWIFT system has been a critical component of American foreign policy since 1973, as has the dollar’s reserve […]

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