Caymans Post

A world within. A state apart.
Saturday, May 28, 2022

European Union to sanction Russia, not with SWIFT but with few less critical elements.

European Union to sanction 70% of the Russian banking market, announces visa restrictions and technology curbs for semiconductor, energy, and aerospace sectors.
EU cannot sanction Russia's access to SWIFT as the EU -as Russian best customers- need it not less than Russia.

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