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MSNBC Ayman February 27, 2022 01:21:00

This is on top of a slew of sanctions against russia announced by biden earlier this week, those included restrictions on u.s. exports, essential to moscow s military defense industry, and the freezing of russian assets here in the united states. today, on top of those, there was even a bigger show of force from the west, breaking just hours ago, leaders from the european union, canada, and the u.s. of nouns they would remove selected russian banks from the swift messaging system. this, undoubtedly, is a huge deal. swift links more than 11,000 financial institutions in over 200 countries and territories to one another. but, as moscow closes in on key ukrainian cities, how much of a difference will and can these economic sanctions actually make? here to discuss this, ben rhodes, former deputy national security adviser to obama and and missed some bc political and analyst. let s start with the breaking news from earlier today. ....

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BBCNEWS BBC World News February 28, 2022 05:05:00

Markets, the russian currency the rouble is plunging by almost a third during the early trading session in asia today. let s talk to our business reporter monica miller in singapore. i guess no big surprise given the developments of the last day in terms of sanctions. but talk us through the rouble at the moment. it has fallen as you say about 30%, this is an all time low against the us dollar. in fact we have understood the moscow exchange is going to open three hours later than it usually does so they figure out exactly what to do next. because of all of this was something that the us and western was hoping, to inflict pain on the russian economy, and what they did was they took some of its major banks out of the swift network, a messaging system, kind of like whatsapp, that allows international trade to happen, ....

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