Calls for Russia to be disconnected from SWIFT have grown in recent weeks. Alexander Demianchuk / TASS
Zero Hedge: European Parliament Seeks SWIFT Shut-Off For Russia "If Ukraine Aggression Continues"
Days after President Putin warned the West of a "harsh" and "asymmetrical" response if it crosses Russia's 'red line' concerning NATO troop positioning and the recently renewed Ukraine standoff, the European Parliament in Brussels has proposed a new resolution to disconnect Russia from the SWIFT payment system.
Dated Wednesday, April 28, it's entitled, "European Parliament resolution on Russia, the case of Alexei Navalny, the military build-up on Ukraine’s border and Russian attacks in the Czech Republic."
The over 50 European Parliament lawmakers cited "aggression and continued destabilization of Ukraine, hostile behavior towards and outright attacks on EU member states and societies."
Read more ....
Update #1: Moscow on Potential Shut-Off of SWIFT: 'Let Them Try It, We'll Respond' (Sputnik)
Update #2: Should Russian Banks Be Scared of SWIFT Disconnection? (Moscow Times)
WNU Editor: I am sure Russia will survive, but it is going to be tough .... Russia can cope with possible disconnection from Western payment systems - expert (TASS).
6 comments:
Such a move would be tantamount to the EU declaring war on Russia. Do they really want to go that way?
EU....
Why do you care?
It is called freedom of association. You do not have be around people you do not like. Putin can use the same concept and refuse to sell natural gas to Mutti Merkel. If there is a contract , Russia needs to abide by it. But if the contract ends, Russia does not have to re-up it. Freedom of Association.
Just get over it and get over yourself. There are 3 oligarchies and they are going to butt heads. I suggest you buy garden seed and other supplies, if you are Russian., Chinese, American or European.
You list 4.
European countries will go to US or Russia. 3 oligarchies. 4 regions affected.
Von der Leyen or Von der I got Laid is in charge of jack shit except for fleecing the serfs.
Very likely possibility of war again on every front. Nasty Chinese pandemic.... good times
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