Search: Sanctions,SWIFT (2 materials)

Disconnecting From SWIFT? No, We Did Not Hear About It

... opportunity to strengthen and promote the role of the euro as a more desirable instrument for international payments. In particular, the share of the euro is likely to grow in trade between Russia and the PRC, ousting the US dollar. Manipulation with SWIFT will hurt Brussels’ plans to promote the euro globally. Ivan Timofeev: What to Do with Extraterritorial Sanctions? EU Responses Finally, thirdly, the real magnitude of the political contradictions between Moscow and Brussels is clearly not up to such radical steps. Yes, relations between Russia and the EU are in a deplorable state. The political dialogue ...

30.04.2021

The SWIFT System: A Focus on the U.S.–Russia Financial Confrontation

The more frequently the U.S. launches SWIFT-linked sanctions, the harder other countries will work on developing alternatives The SWIFT system is an information exchange system among international financial institutions. The bank card payment function supported by the SWIFT system is the reflection ...

03.02.2020

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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