[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

The Fed Pours Jet Fuel On The Inequality Gap Mag 7 Quake off the coast of Northern California Making Sense of Elon Musk's Plans. Ode to the Jeffrey Epstein Files (🔥 Just Forget About It!) – AI Parody Song ‘We are the big tent party of freaks and misfits.’ Deutschland Unter Allen! Inbound: Earth Changes, Inflation, Food Riots, Civil Wars What REALLY brought down Building 7? Firefighters expose the truth of 9/11 Locusts Descending on Ukraine Seven Reasons Why PBS And NPR Deserve To Be Defunded Why the U.S. Buys So Much Nuclear Fuel From Russia | WSJ Another No News Day Surveillance Video Shows Illegal Alien Kidnapping Elderly Woman Tucker's Epstein comments trigger official Israeli backlash Houthis Launch Mach 16 Ballistic Missiles At Israel “Treasonous Conspiracy” – Tulsi Gabbard Calls for Prosecution of Barack Obama, Jim Comey, John Brennan and Others TOO MANY CRACKS ! ERUPTION LIKELY IN ITALY ! Volcanology Conference in Geneva ! "I Tried To Warn Everyone!" - Elon Musk (Joe Rogan not in this video) They Are Gambling the National Security of the U.S. on a Single Point of Failure Cloud Seeding and Chem Trails across America (EPA Word Games) Israeli settlers killed 117 sheep and stole hundreds more during an overnight CBS to cancel Late Show with Stephen Colbert just days after host blasted company's settlement with Trump as 'big fat bribe' Joe Concha: Stephen Colbert's show was 'no longer entertainment at this point' California bill SB549 lets state seize fire-damaged land. Israel's DARK SECRET Genocide Economy EXPOSED | Francesca Albanese TORNADO + WILDFIRE = FIRENADO ! UTAH "False, Malicious, Defamatory" - Trump Demands Unsealing Of Epstein Files, Threatens Lawsuit After WSJ Hit Piece Russia After Russia || Peter Zeihan EUROPE IS COLLAPSING: €2 TRILLION MEGABUDGET Will Bankrupt the Entire Continent Extending Microsoft 10

Resistance
See other Resistance Articles

Title: Russian Deputy PM: Our Banks Are Ready To Turn Off SWIFT
Source: [None]
URL Source: https://www.zerohedge.com/news/2018 ... -prepare-survive-without-swift
Published: Feb 14, 2018
Author: Tyler Durden
Post Date: 2018-02-14 09:00:49 by Horse
Keywords: None
Views: 116
Comments: 1

Russian financial institutions are prepared to survive without access to SWIFT (The Society for Worldwide Interbank Financial Telecommunication) - the global dollar-based interbank payments network - should the US and European Union follow through with threats to cut it off, according to Deputy Prime Minister Arkady Dvorkovich.

"Certainly, it is unpleasant, as it will prove a stumbling block for companies and banks, and will slow down work. It will be inevitable to deploy some aged technologies for information transfer and calculations. However, the companies are technically and psychologically ready for the shutdown as this threat was repeatedly voiced," Dvorkovich said, according to TASS and RT, adding that such a dramatic step would negatively corporations doing business in the US and Europe.

"In general, disconnecting Russia from SWIFT would be a crazy step on the part of our Western partners. It is obvious that for the companies which work in Europe and the US it would be harmful. And this applies not only to the shutdown of the service," he said.

The US and European Union have been periodically threatening to disconnect Russia from SWIFT since 2014 (over SWIFT's own objections), when the conflict in Ukraine flared up and the two powers introduced the first round of international penalties against Moscow for its alleged involvement.

Poster Comment:

After NAFTA was passed China devalued the yuan and we lost tens of thousands of manufacturing plants. In 2000 China joined the WTO. We lost 70,000 manufacturing plants since then. IMPORTANT POINT: The price of gold in dollars has fluctuated over the past year. But the price of gold in Chinese yuan has not fluctuated more than 1%. The American dollar is no longer important enough to be a benchmark for the yuan. The Jews did almost destroy America. Very little time left.

Post Comment   Private Reply   Ignore Thread  

#1. To: Horse (#0)

China, Russia, and other countries should get off SWIFT and set up an independent and non-political system since in effect SWIFT is is owned and controlled by the USA. Therefore, very political.

DWornock  posted on  2018-02-15   9:59:06 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]