West unleashes SWIFT bans, more crushing penalties on Russia
Share
Tweet
February 27, 2022
WASHINGTON (AP) — The United States and European nations agreed Saturday to impose the most potentially crippling financial penalties yet on Russia over its unrelenting invasion of Ukraine, going after the central bank reserves that underpin the Russian economy and severing some Russian banks from a vital global financial network.
The decision, announced as Ukrainian forces battled Saturday to hold Russian forces back from Ukraine's capital and residents sheltered in subway tunnels, basements and underground garages, has potential to spread the pain of Western retaliation for President Vladimi...
For access to this article please
sign in or
subscribe.
Reader Comments(0)