The stations "will no longer be able to spread their lies to justify Putin's war and to sow division in our Union", she said.Įarlier Tuesday, before the announcement out of Brussels, YouTube said that it had blocked RT and Sputnik in Europe because of the Russian invasion.īoth channels in Europe were being blocked "with immediate effect", YouTube said in an email to AFP. The EU move to shut down RT and Sputnik broadcasting in the bloc was first announced on Sunday by European Union chief Ursula von der Leyen. Russians are consequently flocking to cryptocurrencies that operate on a decentralised network and therefore are not directly affected by sanctions. The ruble is down 27 percent against the dollar since the start of the year and is trading at more than 100 rubles per US unit, its weakest level on record. Western measures that prohibit transactions with Russia's central bank have also helped plunge the country's economy into turmoil. Both are highly dependent on Russia gas supplies. SWIFT's system allows banks to communicate rapidly and securely about transactions - cutting Russia off is aimed at preventing it trading with most of the world.Įuropean countries who were initially reticent about the SWIFT proposal, such as Germany and Italy, eventually came around. They include cutting selected Russian banks from the SWIFT messaging system, and thus isolating from the rest of the world.
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