Europe’s reluctance to compromise on its energy supplies has for now taken one of the most impactful measures off the list of international sanctions against Russia over its invasion of Ukraine: ouster from SWIFT, the dominant messaging system behind global payments. U.S. President Joe Biden says it’s still an option, and the U.K. and some other countries in Europe — Poland and …
Read More »What is SWIFT, and why isn’t it on the Russia sanctions list?
February 26, 2022