GIST: Swift Payment System
Ukraine Under Attack • 2m 5s
A number of Russian banks are now banned from the vital international payment system SWIFT. As Russian forces continue their attack on Ukraine, a tougher sanction being discussed is cutting Russia off completely. Gerald Tan walks us through the significance of that.
Up Next in Ukraine Under Attack
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Is the U.S. economy doing well?
U.S. President Joe Biden will deliver his first State of the Union speech this Tuesday amid arguably the most dangerous geopolitical climate for decades. Russia’s attack on Ukraine has sent shockwaves across the globe. How has the U.S. fared so far?
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Do sanctions really work?
The Western world has imposed a wide range of sanctions in order to try to deter and punish Russia in the wake of its military operation in Ukraine.
Sanctions are widely used by governments - a non-military strategy to try to affect the behavior of other nations. But they have a patchy success ...
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To stay or to go. For many Ukrainians...
Nawied Jabarkhyl reports from Lviv when some people are seeking to leave Ukraine and others are planning to return east.
