Because of sanctions, Russia and China are returning to barter exchange of goods for the first time in 30 years. Russia and China are discussing barter trade agreements that will help bypass the US-controlled SWIFT international banking system and limit currency risks; the first such transaction could take place... #BarterAgreements #China #RussianTrade #SanctionsAgainstRussia #SWIFT
The G7 and the EU are working on restrictions for international banks that assist Russia. G7 countries and the EU are studying ways to increase pressure on banks from third countries that help the Russian Federation circumvent sanctions. Currently under discussion are restrictions aimed at... #circumventionOfSanctions #EuropeanBanks #G7 #RussianBanks #SanctionsAgainstRussia #SWIFT
The US and the EU will not disconnect Russia from SWIFT. The United States and Europe are finalizing an expanded package of sanctions against Russia in the event of an invasion of Ukraine. It is aimed at large Russian banks but does not prohibit Russia̵... #SWIFT #SWIFTsanctions
The IMF is ready to support the countries that will suffer from Russia’s SWIFT disconnection. The International Monetary Fund is prepared to help countries that may suffer from any side effects of the Russian-Ukrainian conflict and other sanctions imposed by Western governments on Russia. Thi... #imf #IMFsanctionsforRussia #SWIFT #SWIFTsanctions
The EU and the US have abandoned the sanction option of disconnecting Russia from SWIFT, the Handelsblatt newspaper reported on Monday. According to the publication, the possibility of disconnecting Russian banks from SWIFT was too painful for the initiators of possible new sanctions. Thu... #SWIFT #SWIFTsanctions