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Exclusion of russian banks from swift

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Reference no: EM133143757

1. What is SWIFT?

2. Which country had its SWIFT status revoved (2018) and what the consequences for it?

3. How might the Russian economy be impacted by the exclusion of Russian banks from SWIFT?

4. In your opinion, will this move create internal resistance to Putin (consider that Russia is one of the BRIC countries and stood to benefit from free trade)?

5. How might this impact the US?

Reference no: EM133143757

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