Canada among countries moving to block Russian access to SWIFT

By WNews 1 Min Read

Western allies announced sweeping new sanctions against Moscow on Saturday, including kicking some Russian banks off the main global payments system.

Seeking to ratchet up economic punishment for Russian President Vladimir Putin over his invasion of Ukraine, the United States, Canada and others also said they would impose restrictions on Russian’s central bank to limit its ability to support the ruble.

The announcement came as fighting continued across Ukraine. Reuters witnesses in Kyiv reported occasional blasts and gunfire in the city on Saturday evening, but it was not clear exactly where it was coming from. The capital and other cities have been pounded

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