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Top U.S. Senate Republican signals support for Biden on Ukraine

Top U.S. Senate Republican signals support for Biden on Ukraine

© Reuters. FILE PHOTO: U.S. Senate Minority Leader Mitch McConnell (R-KY) walks from the Senate chamber to his office at the U.S. Capitol in Washington, U.S., February 17, 2022. REUTERS/Elizabeth Frantz/File Photo By David Morgan and Doina Chiacu WASHINGTON (Reuters) -U.S. Senate Republican leader Mitch McConnell said on Tuesday that Republicans largely support President Joe…

Japan govt, central bank executives meets as Ukraine crisis jolts markets

Japan govt, central bank executives meets as Ukraine crisis jolts markets

© Reuters. FILE PHOTO: Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. REUTERS/Issei Kato By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -Japan is working closely with G7 nations to ensure effective economic sanctions…

SWIFT says it preparing to comply with curbs on Russian banks

SWIFT says it preparing to comply with curbs on Russian banks

© Reuters. Swift logo is placed on a Russian flag are seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with…

Explainer-Russian banks face exclusion as allies deploy ‘financial nuclear weapon’

Explainer-Russian banks face exclusion as allies deploy ‘financial nuclear weapon’

© Reuters. FILE PHOTO: A picture illustration shows rolled Russian rouble banknotes on a table in Warsaw, Poland, January 22, 2016. REUTERS/Kacper Pempel By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK (Reuters) – The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against…

Global central banks were on the same page. Ukraine may reshape that

Global central banks were on the same page. Ukraine may reshape that

2/2 © Reuters. FILE PHOTO: The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts 2/2 By Howard Schneider and Leika Kihara (Reuters) – The well-scripted turn by global central banks towards tighter, post-pandemic monetary policy has been thrown into doubt by Russia’s invasion of Ukraine, a geopolitical upheaval likely to be felt…