NEW YORK -- As Western allies levy increasingly harsher economic sanctions against Russia for its invasion of Ukraine, the latest target involves Russia's access to SWIFT. An acronym for Society for ...

Russia is looking at creating its own digital currency called a “stablecoin” to help with buying and selling goods across borders. This idea comes as the country continues to face tough international ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) — The White House on Saturday ...

The European Union is preparing a broad sanctions package ahead of the third anniversary of Russia's invasion of Ukraine. The 16th package will target banks, aluminum, and shadow fleet vessels, ...

The U.S. and allies agreed to block “selected’ Russian banks from the SWIFT global financial messaging system on Saturday. SWIFT is an independent enterprise that serves as an internal messaging ...

BERLIN (Reuters) - The German government is not aware of any planned changes to European Union sanctions against Russia, a spokesperson said on Wednesday, commenting on Moscow's demand that Russian ...

KYIV, Ukraine (AP) - Shortly after the United States and European nations agreed Saturday to impose the most potentially crippling financial penalties yet on Russia over its unrelenting invasion of ...

VILNIUS, July 18. /TASS/. As part of its 18th sanctions package against Russia, the European Union will prohibit all transactions with sanctioned Russian banks that were previously disconnected from ...

MAGNITOGORSK, Russia (Reuters) - Unknown hackers stole 339.5 million roubles ($6 million/ £4.3 million) from a Russian bank last year in an attack using the SWIFT international payments messaging ...

DUBLIN, Feb 24 (Reuters) - The European Union may not decide to cut Russia off from the SWIFT global interbank payments system this evening, but the measure has not been taken off the table as a ...