TOKYO/WASHINGTON -- The U.S., Europe and Japan responded to the invasion of Ukraine with sanctions that target roughly 80% of assets in Russia's banking sector while leaving the option of freezing the country out of a key network for international payments.
Ukraine war
New sanctions bite Russia but stop short of 'nuclear' option SWIFT ban
80% of assets in banking sector targeted by Western and Japanese restrictions
St. Basil's Cathedral, left, and the Spasskaya Tower of the Kremlin, as seen through a gate in central Moscow. © Reuters
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