After russia invades ukraine, the west is really upset. They're looking for things they can do to punish russia. And it would seem like cutting russian banks off from swift would be a really easy way to knock em for a loop. The idea that you must ban russia from swift really took off and i guess it went viral inasmuch as a wanke financial transaction messaging service based in belgium, kengo virol, did.
The US and EU are denying a handful of Russian banks access to SWIFT, a key tool in the global financial system.
This episode was produced by Miles Bryan, edited by Matt Collette, engineered by Efim Shapiro, fact-checked by Laura Bullard, and hosted by Noel King.
Transcript at vox.com/todayexplained
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