Finshots Daily cover image

Why is Russia being cut off from SWIFT?

Finshots Daily

00:00

Why Russia Is Cutting Off From Swift Sanctions

The idea is to increase the cost of war and dissuade russia from pursuing the military invasion of eukraine. Western countries will have to go for the jugular with these sanctions, something along the lines of, let's see what happens when we cut off russia from swift. Swift stands for society for world wide interbank financial tele communication. It acts as a global messaging em relaying instructions from one bank to another.

Play episode from 00:00
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app