Cybercrime crew charged with stealing and reselling Taylor Swift concert tickets
QUEENS, N.Y. — A cybercrime ring that allegedly stole and resold more than 900 concert tickets, including for Taylor Swift’s Eras Tour, has been dismantled, Queens District Attorney Melinda Katz announced. Two…
Drugmakers propose swift pandemic response benefiting poorer countries
FRANKFURT – Global drugmakers are lobbying for wealthy nations to fund a supply mechanism that would secure vaccines for low-income countries without delay in case of a new pandemic, but said the…
Disconnecting Russia’s banks: Sberbank faces SWIFT removal
By Kirstin Ridley and Karin Strohecker LONDON – The European Union aims to cut off Sberbank, Russia’s largest lender, from the SWIFT international payment system as Western allies seek to further isolate…
EU to remove Sberbank, two other Russian banks from SWIFT
STRASBOURG – The European Commission proposed on Wednesday to remove Russia’s biggest bank Sberbank and two other banks from the international SWIFT transaction and messaging system in another blow to the Russian…
SWIFT sanctions could harm globalisation, Fidelity International says
By Elizabeth Howcroft LONDON – The West’s use of financial sanctions against Russia could risk creating parallel systems and hindering globalisation, the head of asset manager Fidelity International said on Wednesday. Since…
Explainer-Russia could work around SWIFT ban but with high costs
By Tom Bergin – Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come if there is no end to the Ukraine…
EU considering SWIFT exclusion for Belarus banks – official
BRUSSELS – The European Union is considering excluding banks in Belarus from the SWIFT messaging system that underpins the global financial transactions, as it has already done for seven Russian banks, an…
Explainer-Russian banks out in the cold as EU unveils SWIFT sanctions
By Tommy Wilkes and Huw Jones LONDON – The European Union is excluding seven Russian banks from the SWIFT messaging system that underpins global payment transactions as the West ratchets up sanctions…
Russia has internal replacement for SWIFT, cenbank says
– Russia has a system that can replace the SWIFT international payments system internally, Central Bank Governor Elvira Nabiullina said on Monday, stressing the need to support clients of banks. Nabiullina said…
Oil could jump back above $100 as traders assess Russia SWIFT ban, analysts say
By Ahmad Ghaddar LONDON – A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a…
Japan joins U.S., others in excluding Russia from SWIFT system
TOKYO -Japan will join the United States and other Western countries in blocking certain Russian banks’ access to the SWIFT international payment system, Prime Minister Fumio Kishida said on Sunday, following Russia’s…
SWIFT says it preparing to comply with curbs on Russian banks
WASHINGTON – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with European authorities…
U.S., UK, Europe, Canada to block Russian access to SWIFT – statement
WASHINGTON – The United States, Britain, Europe and Canada on Saturday moved to block Russia’s access to the SWIFT international payment system as part of another round of sanctions against Moscow as…
Germany and Western allies agree cutting Russia out of SWIFT
BERLIN – Germany and its Western allies agreed to cut Russia out of the SWIFT global payment system, a spokesperson for the German government said on Saturday, in a third sanctions package…
UK PM Johnson says pressure building to cut Russia off from SWIFT
LONDON -British Prime Minister Boris Johnson said on Saturday that the world should cut Russia off from the global SWIFT payments system and said more countries supported such a move. “What you…
EU nearing decision on cutting Russia off from Swift: French official
PARIS – Discussions among European Union members about excluding Russia from the Swift international payment system are close to reaching a successful conclusion, a French presidential official said on Saturday. The official,…
Italy to support EU line on Russia sanctions, including on SWIFT – PM’s office
MILAN – Italy will support any European Union line on sanctions against Russia in response to Moscow’s invasion of Ukraine, including measures on the SWIFT global payment system, Prime Minister Mario Draghi’s…
France in favour of cutting off Russia from SWIFT – Ukrainian minister
– Ukrainian Foreign Minister Dmytro Kuleba said on Saturday French Foreign Minister Jean-Yves Le Drian had supported cutting off Russia from the global SWIFT payment system in a phone conversation with him.…
Cutting Russia off from SWIFT a “matter of days” -euro zone central banker
PARIS – A decision to cut Russia off from the global SWIFT payment system will be taken in a matter of days, the governor of a central bank within the euro zone…
Italy’s Draghi supports Russia’s disconnection from SWIFT -Zelenskiy
– Ukrainian President Volodymyr Zelenskiy said on Saturday Italian Prime Minister Mario Draghi had supported Russia’s disconnection from the global SWIFT payment system in a phone conversation with him. “This is the…
West moves closer to cutting Russia’s SWIFT access, says Lithuania
VILNIUS – Western partners are moving closer to halting Russia’s access to the SWIFT global interbank payments system, Lithuanian Prime Minister Ingrida Simonyte said on Saturday. “Our goal is that the decision…
Momentum grows to ban Russia from SWIFT payment system
WASHINGTON – Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank payments system in a further round of…
UK calls on NATO leaders to use SWIFT payments system to hurt Russia
LONDON – British Prime Minister Boris Johnson called on leaders of NATO member countries on Friday to use the SWIFT international payments system to damage Russian President Vladimir Putin and members of…
Ukraine’s Kuleba discusses with Blinken need to use U.S. reach to ban Russia from SWIFT
– Ukraine’s foreign minister Dmytro Kuleba spoke with U.S. Secretary of State Antony J. Blinken via telephone about the need to use all U.S. influence on some hesitant European countries in order…
Excluding Russia from SWIFT must be on the table – Netherlands
BRUSSELS – Excluding Russia from the global SWIFT system of interbank payments should be an option given the scale of Moscow’s invasion of Ukraine, Dutch Foreign Affairs Minister Wopke Hoekstra said in…
Cutting Russia off SWIFT technically difficult – German govt spokesperson
BERLIN – Suspending Russia from the SWIFT global interbank payments system would be technically difficult to arrange and would have a massive impact on transactions for Germany and German businesses in Russia,…
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