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They seem to have reached an agreement on SWIFT, so I am a bit hopeful.
by MattGaiser 5y ago
They seem to have reached an agreement on SWIFT, so I am a bit hopeful.
- sharken 5y agoGermany is onboard it seems: https://www.euractiv.com/section/europe-s-east/news/russia-ban-from-swift-on-the-table-as-germany-drops-opposition/ https://www.euractiv.com/section/europe-s-east/news/russia-b... To really be effective, all efforts must now go to cut off Russia from the Chinese controlled CIPS payment system. That means China will have to declare if they are against Putin/Russia or not. https://en.m.wikipedia.org/wiki/Cross-Border_Inter-Bank_Payments_System https://en.m.wikipedia.org/wiki/Cross-Border_Inter-Bank_Paym...
- trompetenaccoun 5y agoLike asking Hitler for assistance against Mussolini.
- sharken 5y agoYou are probably right, but with enough pressure even China might see there is only one side to support here.