A new set of sanctions against Russia.
Deciphering the mechanisms for the uninitiated. FEBRUARY 27, 2022 Note: this article was written before the announcement of the exclusion of some Russian banks from the SWIFT secure payment messaging system. This does not change the explanations aimed at informing the reader about the mechanisms underlying the envisaged sanctions. Statements by political leaders as well as media programs or publications make numerous references to the unprecedented and severe nature of the sanctions that are aim to inflict maximum damage on the Russian economy in the medium and long term and whose effects could weaken President Putin’s authoritarian regime. The citizen, if he is not a technician of financial circuits, is obliged to accept with confidence the declarations concerning the sanction’s…
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