After the embarrassing Alaska meeting with China and the Afghanistan withdrawal disaster, the Biden foreign policy team is threatening to remove Russia from the SWIFT international payment system, ahead of Biden-Putin peace talks via video call on Tuesday.
Both Russia and NATO have been building up troops along the Ukraine-Russia border. Biden has pledged to send reinforcements to Ukraine should Russia invade.
SWIFT connects 11,000 banks in over 200 countries, but Russia boasted it is prepared.
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