A SWIFT Kick in Russia’s Assets Isn’t Enough

A SWIFT Kick in Russia’s Assets Isn’t Enough
SWIFT logo is seen in this illustration taken in Bosnia and Herzegovina on Feb. 25, 2022. Dado Ruvic/Illustration via Reuters
James Gorrie
Updated:
0:00
Commentary
As Russia’s invasion into Ukraine continues, among the U.S. responses is the denial of selected Russian banks’ access to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international financial messaging network.
James Gorrie
James Gorrie
Author
James R. Gorrie is the author of “The China Crisis” (Wiley, 2013) and writes on his blog, TheBananaRepublican.com. He is based in Southern California.
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