BREAKING: EU and U.S. to expel some Russian banks from SWIFT payments system axios.com/eu-expels-russ…
Some European allies had previously expressed concern that disconnecting Russian banks' access to the primary system for global financial transactions would cause collateral economic damage. axios.com/eu-expels-russ…
The U.K. and Canada joined the U.S. and EU countries in the effort to cut off Russia from the world's most important financial messaging system. axios.com/eu-expels-russ…
In addition to the SWIFT ejection, Western countries agreed to:
1. Undermine the Russian Central Bank's ability to defend the ruble.
2. Limit the sale of "golden passports" that allow wealthy Russians to become citizens of Western countries. axios.com/eu-expels-russ…
1. Undermine the Russian Central Bank's ability to defend the ruble.
2. Limit the sale of "golden passports" that allow wealthy Russians to become citizens of Western countries. axios.com/eu-expels-russ…
3. Launch a trans-Atlantic task force to "collectively hunt down the physical assets of sanctioned Russian companies and oligarchs — their yachts, jets, fancy cars and luxury homes." axios.com/eu-expels-russ…
4. Step up coordination of against Russian disinformation and other forms of hybrid warfare. axios.com/eu-expels-russ…
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