https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication
SWIFT
Society for Worldwide Interbank Financial Telecommunication
This has been getting mentions out on the interwebs. May become significant?
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She made the Duke of York tea from a pot with his mother’s face on it, according to a friend of Love.
After chatting on the sofa for around 45 minutes the prince reportedly left. The pair did not have sex, the source said.
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more at link, mentions JE, but not a lot of actual new info.
SWIFT
Society for Worldwide Interbank Financial Telecommunication
This has been getting mentions out on the interwebs. May become significant?
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This is a very significant system with respect to international trade. It puts teeth in US policy with out military intervention, when USA threatens to stop a country from using the system.
Other countries are looking to set up their own settlement networks as a way to reduce USA influence. Russia flat out said that any removal from SWIFT would be considered an act of war.
Inherent in settlement systems is the danger of a member failing and not being able to deliver on their trades.
While many people know little or nothing about this system it already is a very significant issue well known in financial fields.