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UK joins Poland, Estonia, Latvia in a call to cut Russia from SWIFT international payments system.

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U.K. Prime Minister Boris Johnson is pushing “very hard” for Russia to be ejected from Swift, The Financial Times reported, citing a British official. However, German Chancellor Olaf Scholz warned Johnson on Feb. 24 that neither the EU or his country would such a movem, the newspaper also reported, referring to officials close to sanctions negotiations.

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The Kyiv Independent news desk

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The EU's new steel allocation, set to enter into force on July 1, was introduced in response to global steel overcapacity, which has been hurting EU producers. The measure aims to restrict tariff-free steel imports to 18.3 million metric tons per year, a 47% reduction.

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