- About 300 Russian financial institutions, including many that have been sanctioned, use the swift financial messaging system
- Banning Russia from Swift would mean its banks can no longer use it to make or receive payments with foreign financial institutions
Russian President Vladimir Putin (left) and Chinese President Xi Jinping meet in Beijing on the sidelines of the Winter Olympics in February. Photo: AFP
Russian President Vladimir Putin (left) and Chinese President Xi Jinping meet in Beijing on the sidelines of the Winter Olympics in February. Photo: AFP
Chinese President Xi Jinping called on Russia to negotiate with Ukraine in his first phone call with his Russian counterpart Vladimir Putin since Moscow attacked its neighbour.
According to state broadcaster CCTV, Xi told Putin on Friday that “cold war mindsets” should be abandoned and the security concerns of different nations should be respected.
He also said conditions in Ukraine had changed drastically.
UN Secretary-General Antonio Guterres. Photo: Reuters
UN Secretary-General Antonio Guterres. Photo: Reuters
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