EU Lays Out Plans to Kick Russian Banks Out of SWIFT

EU Lays Out Plans to Kick Russian Banks Out of SWIFT

Assessment

Interactive Video

Business

University

Hard

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The video discusses measures to weaken Russia's financial capabilities. It includes removing Russian banks from SWIFT, freezing the assets of Russia's Central Bank, and restricting Russian oligarchs from using their financial assets in international markets. These actions aim to disrupt Russia's economy and limit its ability to finance its activities, particularly in relation to Ukraine.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain how cutting off Russian banks from the international financial system could affect their exports and imports.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential long-term effects of Putin's actions on the future of Russia?

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