Why Western Country Will Not Cut Off The SWIFT System Of Russia

After the war between Russia and Ukraine, western countries lead by US declared that they will impose serious sanctions to hurt the Russia economy basis deeply. In which include cutting off the SWIFT system. But many European countries oppose this sanction. Why? Before analyzing the reason, let’s know what is SWIFT and what’s the importance…

2022-03-01Production KnowledgeBy jeff

What The Ukraine Situation Bring To Forign Trade In Macroscopic Level

The war in Ukraine has lasted for 3 days. Such situation has deeply influenced the global economy. Almost all of the stocks fall during the 3 days and looks like stocks will constantly fall in the next days. Here is the question that what the war bring to foreign trade in macroscopic level.   First…

2022-03-01Production KnowledgeBy jeff