Watch: A coalition representing some of the world's biggest democracies said it would block some Russian banks from the Swift financial communications system. Here’s why.
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.As Russia ordered troops to two breakaway regions in Ukraine, Germany halted the certification of the Nord Stream 2 pipeline. Uncertainty over the project, which would allow Russia to bypass Ukraine to export natural gas to Europe, is affecting prices.
Photo composite: Eve HartleyNew studies offer clues about who may be more susceptible to long Covid, a term for lingering Covid-19 symptoms. WSJ breaks down the science of long Covid and the state of treatment. Illustration: Jacob Reynolds for the Wall Street JournalSome see Web 3.0 as the next generation of the internet, a decentralized version of the web based on the blockchain. Here are the key principles behind it, and why skeptics are unconvinced it could scale globally.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What is SWIFT and why it's being called the 'nuclear' option for Russian sanctionsAs Western allies levy increasingly harsher economic sanctions against Russia for its invasion of Ukraine, the latest target involves Russia's access to SWIFT - a messaging system that allows large financial institutions to send money to each other.
Read more »
Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT – Bitcoin NewsUkraine is looking to expose crypto wallets used by politicians in Moscow amid warnings that Russia may employ bitcoin to evade sanctions.
Read more »
US, EU, UK agree to remove selected Russian banks from SWIFTSWIFT is a network used by banks to send secure messages about transfers of money and other transactions. Used by 11,000 financial institutions in nearly 200 countries, it's considered the backbone of the international financial transfer system.
Read more »
White House, EU announce expulsion of certain Russian banks from SWIFTRussian President Vladimir Putin announced a military operation in Ukraine early Thursday. A battle is underway for control of Ukraine's capital, Kyiv. The US has warned Russia is seeking to encircle the city, and a Ukrainian official said it has been hit by missiles. Follow here for live news updates from the ground in Ukraine.
Read more »
US, other nations agree to block select Russian banks from SWIFT; over 150,000 Ukrainians fleeThe US, EU, UK and other nations have agreed to block selected Russian banks from SWIFT. Meanwhile, over 150,000 Ukrainians have fled the country. Here's the latest.
Read more »
Ukraine crisis: US, EU, UK to remove selected Russian banks from SWIFTThe United States, European Union and United Kingdom have agreed to put in place crippling sanctions on the Russian financial sector in retaliation for its invasion of Ukraine.
Read more »