EU, UK, Canada, US plan to cut some Russian banks from swift
Group will also take measures to paralyze the activities of Russia’s central bank in the latest response to the Kremlin’s attack on Ukraine
BERLIN : The US, European Union, Canada and UK announced new sanctions against Russia, saying they planned to cut some Russian banks off the Swift financial network and would take actions to prevent Russia’s central bank deploying its more than $600 billion in reserves to help Russia’s economy.
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