Thursday, February 24, 2022

Russia faces the 'nuclear option' of being ousted from the SWIFT banking system

Demonstrators protest in support of Ukraine, in Los Angeles, on February 24, 2022.

SWIFT underpins the global financial system, handling millions of secure messages every day. Cutting Russia off from the SWIFT could have a major impact on its economy, experts say.

(Image credit: Patrick T. Fallon/AFP via Getty Images)

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