Could Russia’s banking path around SWIFT go through China?
Mar 1, 2022

Could Russia’s banking path around SWIFT go through China?

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That's the concern of the United States and its European allies after cutting off Russia from the SWIFT banking system. China features an interbank system known as CIPS that could, in theory, provide Russia the avenues necessary to keep its financial wheels moving. Helping us explain CIPS is Marketplace's China correspondent Jennifer Pak. David Kelly offers up some insight into today's market activity as oil surpasses $100 a barrel. We also look into the pathways that humanitarian aid for Ukraine can take.

Segments From this episode

Humanitarian aid to Ukraine takes many forms

Mar 1, 2022
The U.N. estimates that between 3 million and 5 million people could be displaced in the coming months.
Volunteers of a humanitarian center sort clothes donated for evacuees in the western Ukrainian city of Lviv on Feb. 27, 2022.
YURIY DYACHYSHYN/AFP via Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Jay Siebold Technical Director
Jesson Duller Media Producer
Erika Soderstrom Producer/Director
Rose Conlon Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer