CNN Stanley Tucci Searching for Italy February 27, 2022 04:33:00
Of banks will be cut off from the so-called s.w.i.f.t. financial system. a joint statement says the banks will be practically disconnected from the global flow of money, which will limit their ability obviously to operate internationally. western nations are considering taking a step further and possibly sanctioning russia's central bank. now, that could prevent moskow from using its massive foreign reserves to cushion the effect of international sanctions. so what exactly is the s.w.i.f.t. system, and how would expulsion hurt russia? here's anna stewart. >> reporter: it's like the pipe work o...