Posts Tagged ‘ US European UK sanctions against Russia ’

The SWIFT system is used by over 600 financial institutions including the Bank of Russia.

Russia may be excluded from the SWIFT banking system

Sep 15th, 2014 | By

                      Bloomberg reports that the United Kingdom government is to recommend to the European Union that Russia be excluded from the SWIFT system of banking transfers.  This ranks up there as a proposal so stupid as to be on a level with invading Iraq (twice),
[continue reading…]