28th February 2022

  • West Cuts Some Russian Banks From SWIFT, Sanctions Central Bank

Banks already facing sanctions will be hit; others may follow

Central bank move previously only applied to nations like Iran

https://blinks.bloomberg.com/news/stories/R7YRRVT1UM12

  • Oil Soars as More Sanctions on Russia Spur Energy Crisis Fears

Some Russian banks cut from SWIFT; BP to dump Rosneft shares

Brent crude nears $103 a barrel; WTI futures climb above $96

https://blinks.bloomberg.com/news/stories/R7ZWMYT0G1KX

  • SWIFT Ban on Russia Means the Fed May Need to Ready Dollars

Ukraine war has led to sanctions on Russia’s biggest banks

EU approves ban on transactions with Russian central bank

https://blinks.bloomberg.com/news/stories/R7ZO7GDWRGG5

  • Fed Repeats It Will ‘Soon’ Be Time to Raise Interest Rates

Fed releases report to Congress ahead of Powell testimony

Report based on data gathered before Russia invaded Ukraine

https://blinks.bloomberg.com/news/stories/R7VBVBDWLU68

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