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What is SWIFT & How It Affects Russia | Weekly Roundup

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Navigating Financial Sanctions and Alternatives

This chapter explores the complexities surrounding financial sanctions against Russia, focusing on methods to bypass the SWIFT system and alternatives for financial transactions. It discusses the implications of modern technology in enhancing transparency and privacy within financial networks while questioning the future role of the US dollar and emerging alternatives like the Chinese Yuan. The conversation highlights the challenges of enforcing sanctions, tracing illicit flows, and the potential for new financial solutions that could reshape global payment systems.

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