Ukraine-Russia crisis: Russian banks face exclusion as allies deploy 'financial nuclear weapon'News India (All States)

Ukraine-Russia crisis: The United States, Britain, Europe and Canada committed on Saturday to removing some Russian banks from the SWIFT payments system, deploying what the French finance minister had earlier called a 'financial nuclear weapon' because of the damage it would cause to Russia as well as its trading partners

source https://www.livemint.com/news/world/ukraine-russia-crisis-russian-banks-face-exclusion-as-allies-deploy-financial-nuclear-weapon-11645919629645.html