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Why Swift was the West’s ‘nuclear option’ when Putin invaded Ukraine
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fnlondon.comWhen Russia invaded Ukraine a year ago, “friends and family suddenly discovered what Swift is”.
The global payments network relied on for some $5tn in daily transactions by its 11,000 member banks which own Swift, was little known.
But it quickly became a bold, albeit unexpected, answer to the Kremlin's brutal march into neighbouring Ukraine,...
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