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The Latest Breaking News from SWIFT

Why is booting Russia off SWIFT the one key sanction the US and Europe are still holding back on?

US and European officials are holding one key financial sanction against Russia in reserve, choosing not to boot Russia off SWIFT, the dominant system for global financial transactions.

ABC News

EU Leaders Agree 'Maximum Impact' Sanctions on Russia

EU leaders wrapped up an emergency summit early Friday with agreement to punish Moscow for its invasion of Ukraine by imposing "severe" sanctions targeting its financial, energy and transport sectors.

Asharq Al-Awsat

Biden and Europe waiting on one key sanction against Russia

U.S. and European officials are holding one key financial sanction against Russia in reserve

The Independent UK

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EU imposes sanctions on Putin as Ukraine pleads for tougher action

EU states agreed to freeze any European assets of Russian President Vladimir Putin and his foreign minister on Friday, as Ukraine's leader pleaded for faster and more forceful sanctions to punish Russia's invasion of his country.

Reuters

Latest Russia-Ukraine updates: US to impose sanctions on Putin

Ukraine news from February 25: Biden plans move to freeze assets of Putin and Russian foreign minister.

Al Jazeera

Biden unveils new Russia sanctions: Putin must "bear the consequences"

Putin "will be a pariah on the international stage."

Axios

Biden hits Russia with new export controls and financial sanctions - Roll Call

President Biden slapped economic penalties on Russia, including ones to deprive Moscow of key military technologies after it invaded Ukraine.

Roll Call

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Kyiv furious as EU fails to block Russia from Swift payment system

Ukraine foreign minister voices anger as EU leaders decide against blocking Russia from international payments system

The Guardian - UK

EXPLAINER: Just how hard could US sanctions hit Russia?

With Russia’s military attacking across Ukraine, President Joe Biden is expected to roll out at least some of the toughest sanctions and financial penalties that the U.S. can muster in response

The Independent UK

‘Putin chose this war,’ Biden says as he announces new sanctions – US politics as it happened

President condemns Putin’s ‘brutal assault on the people of Ukraine’ – follow all the latest US politics news

The Guardian - US

A Look at Toughest US Sanctions Facing Russia

President Joe Biden on Tuesday rolled out the first of what the US says could be an ever-fiercer, ever-broader cascade of financial sanctions and penalties over Russia’s moves against Ukraine. Tuesday’s first installment of sanctions hit members of Putin’s inner circle and their families and two banks that the US…

Asharq Al-Awsat

EXPLAINER: A look at toughest US sanctions facing Putin

U.S. President Joe Biden has made clear the United States intends to deploy sweeping financial penalties, not American troops, to hit Russia over President Vladimir Putin’s moves against Ukraine

The Independent UK

Explainer-How Western sanctions will target Russia

The United States and its allies are coordinating new sanctions on Russia after Moscow recognised two regions in eastern Ukraine as independent, officials said.

Reuters

SWIFT off Russia sanctions list, state banks likely target -U.S., EU officials

U.S. and European officials are finalizing an extensive package of sanctions if Russia invades Ukraine that targets major Russian banks, but does not include banning Russia from the SWIFT financial system, according to U.S. and European officials.

Reuters

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The Conversation

Sanctions: a brief history from Ancient Greece to Vladimir Putin's Russia

Faced with the imminent possibility of a Russian invasion of Ukraine and what appears to be a deteriorating diplomatic stand-off, NATO and other western allies are again turning to sanctions in the absense of other viable options. Since the second world war governments around the world have turned to sanctions…

Reuters

Explainer-How Western sanctions might target Russia

Western countries have threatened to impose new financial and economic sanctions on Russia if it invades Ukraine.

Asharq Al-Awsat

What Are US Options for Sanctions against Putin?

The financial options being considered to punish President Vladimir Putin if Russia invades Ukraine range from the sweeping to the acutely personal — from cutting Russia off from US dollars and international banking to slapping sanctions on a former Olympic gymnast reported to be Putin’s girlfriend. Publicly, the United States…

The Independent UK

EXPLAINER: What are US options for sanctions against Putin?

The financial options being bruited about to punish President Vladimir Putin if Russia invades Ukraine range from the sweeping to the acutely personal

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Foreign Affairs

The Day After Russia Attacks

What War in Ukraine Would Look Like—and How America Should Respond

Reuters

Explainer-How financial Western sanctions might target Russia

Growing tensions between Moscow and Western powers have raised the prospect of new sanctions on Russia, possibly the severest yet, in the event of a Russian attack on neighbouring Ukraine.

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