IIF's Lowery on Russia Sanctions

The video discusses the impact of sanctions on Russian banks, comparing them to the potential impact of blocking Russia's access to SWIFT. It explores Russia's economic resilience and the challenges posed by currency restrictions. The role of SWIFT in international sanctions, particularly in relation to US and EU actions, is also examined.

What impact do the sanctions on Russian banks have on the country's economy?

How does the reliance of European nations on Russian commodities affect the sanctions?

In what ways has Russia attempted to create alternatives to the global financial system?

What challenges does the Russian banking system face due to sanctions?

What role does the United States play in the SWIFT sanctions against Russia?