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28 Feb
16:45

G7, EU impose further sanctions on Russia

The governments of the US, Canada, UK, France, Germany, and Italy, together with the European Commission, have decided to remove select Russian banks from the Swift messaging system. This is likely to cause disruption to ferrous trade financing, Kallanish notes. The alliance, which now also includes Japan, signalling a coordinated response from the G7 nations, has also decided to impose restrictive measures on the Russian Central Bank, and take measures to keep we…
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