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Tag: SWIFT

Shanghai residents confront officials after swift return of lockdown

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Nearly a week after Shanghai reopened, residents in Xuhui district were outraged when lockdowns were quickly reimposed. Crowds demanded answers from officials on the other side of the barrier and chanted “Serve the people!” Support us: https://subscribe.scmp.com Follow us on: Website: https://www.scmp.com Facebook: https://facebook.com/scmp Twitter: https://twitter.com/scmpnews Instagram: https://instagram.com/scmpnews Linkedin: https://www.linkedin.com/company/south-china-morning-post/ #scmp #China #Shanghai

West imposes restrictions on Russian banks with SWIFT ban

Western nations are uniting to target Russia’s economy and limit its ability to finance its war on Ukraine. Certain Russian banks are to be barred from the international finance system known as SWIFT, a move that means they will not be able to carry out transactions worldwide. Russia’s Central Bank, which holds reserves worth $600bn, will also be affected. Al Jazeera’s Sara Khairat reports. –…

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