US, UK, Europe, Canada to block Russian access to SWIFT - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The United States, Britain, Europe and Canada on Saturday moved to block Russia’s access to the SWIFT international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine.

@SABCNews

The measures, which will also include restriction on the Russian central bank’s international reserves, will be implemented in the coming days, the nations said in a joint statement. “This will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally.”

She said allies would stop Russia from “using its war chest,” paralysing the assets of its central bank, freezing its transactions and making it impossible for the central bank to liquidate its assets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

will I will help more 50 people to earn R60, 000 and above in just 4days and be financial stress free, but you will pay me 10% of your profit If you are interested inbox me💬💬💬💬 OR send me your whats app number

It already has a better system than swift which includes China and they wont block that what a useless move

No one blocked US accounts or imposed sanctions on American leaders when they were killing innocent civilians in Afghanistan and some parts of the Middle East in their pursuit of Bin Laden and his allies. Talk about hypocrisy.

Do not only rely on Reuters or Western media. This here shows why this would not happen anytime soon

Behind every successful person there's always a helper derekhockley609 is the person behind my success story he helped me earn R400,000. thanks for restoring my hope once again derekhockley609

Ireland Ireland Latest News, Ireland Ireland Headlines