UN proposes adding Russian bank unit to SWIFT if Putin extends Black Sea grain deal

U.N. Secretary-General Antonio Guterres has proposed that Russian President Vladimir Putin extend the Black Sea grain deal in return for adding a Russian agricultural bank’s unit to the SWIFT payment network, Reuters reported citing sources. The deal, which allows Ukraine … Read More

In Major Threat To Dollar’s Reserve Status, Russia Offers To Join European SWIFT-Bypass

posted in: News, Russia

Three weeks after a meeting between the countries who signed the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), which was ditched by US, French, British and German officials said the trade mechanism which was proposed last … Read More