Ukraine invasion: Germany prepares to 'disconnect Russia from SWIFT' Lithuania president says

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Ukraine invasion: Germany prepares to 'disconnect Russia from SWIFT' Lithuania president says
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Germany agreed to disconnect Russia from the SWIFT international banking system following their invasion of Ukraine. This move would essentially bar Moscow from top financial networks.

Lithuanian President Gitanas Nauseda said in a Saturday press conference.

German Chancellor Olaf Scholz, right, welcomes Lithuania's President Gitanas Nauseda, left, for talks together with Poland's Prime Minister Mateusz Morawiecki about the Russian invasion in the Ukraine at the chancellery in Berlin, Germany, Saturday,"We have acknowledged that our fellow colleagues are now seeing things in a different way," the Lithuanian president said. "The process has already started.

Russia launched a full-scale invasion into Ukraine Thursday and Western nations have responded with a litany of severe sanctions against not only Russian banks and businesses but against Russian President Vladimir Putin.Russia’s removal from the SWIFT international banking system – a move that would essentially bar Moscow from top financial networks.

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