>"Some Russian banks have been blocked from using the international SWIFT financial network, but that bold move could backfire if alternate systems spring up."
>"Some Russian banks have been blocked from using the international SWIFT financial network, but that bold move could backfire if alternate systems spring up."
"Western financial sanctions over the invasion of Ukraine have highlighted the potential uses of China’s burgeoning digital currency and cross-border payment systems, say analysts."
"Western financial sanctions over the invasion of Ukraine have highlighted the potential uses of China’s burgeoning digital currency and cross-border payment systems, say analysts."
"On February 26th, a coalition of NATO allies announced a package of new financial restrictions against Russia and its central bank, including restrictions on the SWIFT messaging service."
"On February 26th, a coalition of NATO allies announced a package of new financial restrictions against Russia and its central bank, including restrictions on the SWIFT messaging service."
>"The White House on Saturday announced that the United States and allies will kick certain Russian banks out of a major international banking system, a significant step in a bid to cripple the Russian economy in response to the _...Read More_
>"The White House on Saturday announced that the United States and allies will kick certain Russian banks out of a major international banking system, a significant step in a bid to cripple the Russian economy in response to the _...Read More_
The weaponised dollar is a fact of life in political affairs as 60% of global reserves are denominated in USD. This gives the US significant influence as an invasion of Ukraine by Russia appears increasingly likely.
The weaponised dollar is a fact of life in political affairs as 60% of global reserves are denominated in USD. This gives the US significant influence as an invasion of Ukraine by Russia appears increasingly likely.