War in Ukraine: Westerners exclude many Russian banks from Swift


DECRYPTION – Considered a weapon of massive financial destruction, this measure has long been divided, with some States worrying about their gas supply.

After several waves of sanctions sometimes criticized for their lack of effectiveness, Western countries have resolved to bring out the heavy artillery. During the night from Saturday to Sunday, Europeans and Americans finally decided to exclude many Russian banks from the Swift interbank platform, an essential cog in global finance. A qualified measurenuclear weapon» financial by the experts.

Are concerned “all Russian banks already sanctioned by the international community, as well as if necessary other institutes“Said the spokesperson for the German government, whose country currently chairs the G7 forum. These measures have been taken by the United States, France, Germany, Great Britain, Canada, Italy and the European Commission. According to the EU, about 70% of the Russian banking sector is currently affected by the sanctions. The coalition was joined Sunday noon by Japan. “Japan will join this initiative”thus…

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