Selected Russian banks are banned from global payments system, while Russian central bank will find it harder to spend $500bn war chest

It has taken a week to reach this point, but western governments have put down their peashooters and wheeled out the financial howitzers against Vladimir Putin.

Far-reaching new sanctions against Russia were announced on Saturday night in a joint statement from the EU, UK, US and Canada.

Continue reading...

source https://www.theguardian.com/world/2022/feb/27/swift-action-at-last-brings-meaningful-sanctions-against-putin-regime