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Why didn’t the U.S. cut off Russia from SWIFT? It’s complicated.
https://www.nytimes.com/ ^ | Feb. 24, 2022 | Alan Rappeport

Posted on 02/26/2022 3:48:48 PM PST by Beowulf9

Removing access to the financial messaging service would be the most severe penalty but could have unwanted consequences, including compromising energy exports to Europe.

President Biden said on Thursday that the United States and Europe were united in their efforts to confront Russian aggression toward Ukraine with aggressive sanctions. However, there was one area where he suggested disagreement: SWIFT.

(Excerpt) Read more at nytimes.com ...


TOPICS: Foreign Affairs; Germany; News/Current Events; United Kingdom
KEYWORDS: europeanunion; financial; france; germany; italy; putinsbuttboys; putinworshippers; russia; swift; ukraine; unitedkingdom
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Read this a couple of days ago. Not sure if this is a great idea but it's done now and we'll see.

The other thing is these are the people who support Ukraine: and remember that is where Burisma is and Putin is not a globalist (what' I've read).

Just wondering if we are all being led down the garden path, albeit Ukraine's people are very courageous.

1 posted on 02/26/2022 3:48:48 PM PST by Beowulf9
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To: Beowulf9

Fox is reporting that “specific banks” are being cut from SWIFT.


2 posted on 02/26/2022 3:52:08 PM PST by mmichaels1970
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To: Beowulf9

same reason we still but oil from Russia?


3 posted on 02/26/2022 3:52:51 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Beowulf9

All of the above know there isn’t any political benefit in supporting Putin, so they’re running out in front of the parade, in part to ensure they can make the narrative that IT’S ALL TRUMP’S FAULT. They’re welcome to join the parade, but I still will never trust them.


4 posted on 02/26/2022 3:54:00 PM PST by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: Beowulf9

5 posted on 02/26/2022 3:57:18 PM PST by bankwalker (Repeal the 19th ...)
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To: Beowulf9
Dated article from Feb. 24, 2022. Things have changed.

EU, U.K., Canada, U.S. Plan to Cut Some Russian Banks From Swift

Group will also take measures to paralyze the activities of Russia’s central bank in the latest response to the Kremlin’s attack on Ukraine

https://www.wsj.com/articles/eu-leaders-weigh-cutting-russia-out-of-global-payment-system-swift-11645888337

6 posted on 02/26/2022 3:58:41 PM PST by tlozo
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To: tlozo

That is good but since that group I listed is on board with Ukraine winning and Putin is not a globalist is that the real issue here?


7 posted on 02/26/2022 4:02:24 PM PST by Beowulf9
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To: Beowulf9

Putin planned for this. China has his back.


8 posted on 02/26/2022 4:02:44 PM PST by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: tlozo

As tlozo states, this article is old.

The jig is up with SWIFT and the Russ economy is going down.


9 posted on 02/26/2022 4:04:37 PM PST by rbmillerjr (Defeating China is impossible without understanding that Russia is our enemy)
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To: TornadoAlley3

and all those people I mentioned are all for China.


10 posted on 02/26/2022 4:08:22 PM PST by Beowulf9
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To: rbmillerjr
"The jig is up with SWIFT and the Russ economy is going down."

It is sad that all your comments or this stupid.

11 posted on 02/26/2022 4:10:27 PM PST by WMarshal ("No war for communism")
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To: Beowulf9
ukrmeme
12 posted on 02/26/2022 4:11:07 PM PST by PGR88
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To: Beowulf9

80% of Americans support Ukraine in this conflict and I’m sure it will increase as the war continues. Obviously that includes most Republicans as well.

I frankly don’t care if groups I don’t like support Ukraine. The Ukrainian people don’t serve this and that is all that matters.


13 posted on 02/26/2022 4:13:28 PM PST by nbenyo
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To: nbenyo

Well, I do agree they don’t deserve this but I’m wondering if the end game of those leftists is to boot Russia out and take an even bigger share.


14 posted on 02/26/2022 4:15:02 PM PST by Beowulf9
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To: Beowulf9

With President Retard keeping energy prices near $100 per barrel, curbing US production and stupidly importing Russian petro due to his horrendous decisions - Russia will still be getting paid 🤪


15 posted on 02/26/2022 4:18:31 PM PST by NWFree (Somebody has to say it)
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To: Beowulf9
"Allowing Putin to succeed on his quest will send a message across the world that nations can simply be created or dissolved by brute force. We must #StandWithUkraine, as they stand for us." - George Soros

George Soros Twitter


16 posted on 02/26/2022 4:22:12 PM PST by yesthatjallen
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To: Beowulf9

It’s not complicated. It’s because Germany went to green energy production and can’t produce enough energy. So they need to buy russian gas. They need SWIFT to pay for that gas.

GREEN ENERGY is the reason for this war.


17 posted on 02/26/2022 4:23:29 PM PST by for-q-clinton (Cancel Culture IS fascism...Let's start calling it that!)
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To: Beowulf9

The leftists didn’t invade Ukraine. Putin did. And Remember Trump told Putin he would bomb Moscow if this happened.


18 posted on 02/26/2022 4:23:56 PM PST by nbenyo
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To: nbenyo

“The Ukrainian people don’t serve this and that is all that matters.”

You play Checkers not Chess, don’t you?


19 posted on 02/26/2022 4:32:52 PM PST by EEGator
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To: yesthatjallen

Hillary Clinton praying for Ukraine - now that’s funny


20 posted on 02/26/2022 4:34:38 PM PST by PGR88
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