UKraine invasion : EU and allies agree to cut select Russian banks from global financial messaging system SWIFT

7 comments
  1. Good.

    Now cut out the rest. Every bank. Every Russian business.

    Seize the assets of the oligarchs. Seize the houses. Seize the property portfolios. Sink the yachts. Deport them.

  2. Now that their currency is fucked, should we all go and buy up Russian property and make it unaffordable to locals? Pretty much exactly what oligarchs have done to the rest of the world.

  3. Who selects the banks ?

    Meaningful banks or peripheral ones?

    Courageous step or kabuki theatre ?

    Why not all banks except one which is tracked

  4. Belarus should be blocked too. They have joined on Russia’s side and it does not take a genius to see that Russia will use Belarus as a middleman to funnel money through SWIFT now they no longer have direct access to it.

  5. Just be aware they didn’t completely cut them off the swift system. They kept the ones open that would benefit Germany

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