Shell to sell Russian investments due to Ukraine conflict
Shell said on Monday that it will exit joint ventures with the Russian gas giant Gazprom amid the conflict. …
As part of the new measures announced, the European Union (EU), US, UK and allies have agreed to remove selected Russian banks from the Swift messaging system, which enables the smooth transfer of money across borders. The move is intended to cut Russia off from the international financial system and to “harm their ability to operate globally”.
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