RUSSIA KILLING SWIFT
TFIGlobal: SWIFT serves as a crucial component in global finance, enabling cross-border payments and serving as a messaging system for international trade. As the dollar is the world's reserve currency, SWIFT is integral to the international dollar system and significantly impacts U.S. foreign policy. The U.S. has used SWIFT to enforce sanctions, notably disconnecting "selected" Russian banks after the invasion of Ukraine, similar to actions taken in 2014 during tensions over Ukraine and Crimea.
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