Posted on 02/28/2022 7:47:43 AM PST by SeekAndFind
Switzerland's historic neutrality is no longer: moments ago Reuters reported that the Swiss government had joined the EU in adopting sanctions on Russia, freezing assets of targeted companies and people effective immediately:
Swiss President Ignazio Cassis said that adopting the EU sanctions against Russia was a unique, difficult step that required careful consideration. Previously, on Sunday, he said that Switzerland’s neutrality must be preserved and it stood ready to offer its good offices for diplomacy if talks between Ukrainian and Russian officials on the Belarusian border do not succeed, for example by reaching an armistice.
“That does not prevent us from calling a spade a spade,” he said.
Switzerland had walked a tortuous line between showing solidarity with the West and maintaining its traditional neutrality that the government says could make it a potential mediator. But it faces growing pressure to side clearly with the West against Moscow and adopt punitive European Union sanctions. The government had so far said only that it will not let Switzerland be used as a platform to circumvent EU sanctions.
In the biggest peace march in decades, around 20,000 people demonstrated in the capital Bern on Saturday to support Ukraine, some booing the government over its cautious policy.
Cassis said on Sunday that Ukrainians fleeing the conflict would be welcome “for a transitional period, which we hope will be as short a possible.”
Justice Minister Karin Keller-Sutter said separately that Switzerland was ready to take in those who need protection and also to support the neighbouring countries affected. “We will not leave people in the lurch,” she said.
The Swiss government last week amended its watchlist to include 363 individuals and four companies that the EU had put on its sanctions list to punish Moscow.
Russians held nearly 10.4 billion Swiss francs ($11.24 billion) in Switzerland in 2020, Swiss National Bank data show.
Once Swiss banks turned over account holder information to the U.S. IRS, they admitted they were nothing but a puppet state.
If true, THIS is news.
When you’ve lost the Swiss, you’ve really screwed up.
The Swiss have a policy of following EU sanctions, even though they are not a member. They have previously followed the EU sanctions on Russia (after the 2014 invasion of Crimea), Iran, Myanmar, Belarus, etc.
Based on Swiss policy, it was expected.
It merely reveals that Switzerland is no longer a safe banking haven and the flight of capital out of Switzerland will be epic. All the money from the Middle East, China, and any other country not favored by the West will be pulling out their money.
China says, “We’re Open For Business!”
I would never put my money anywhere in China because the ChiComs themselves will just steal it on a whim.
Yes...Putin/Russia are that bad.
But you have to admit, China won’t care where you get the money from, and they’ll laugh in anybody’s faces if they ask them for the accounts.
The world elites are licking their chops, just waiting to divide up Russia and E Europe like a pie at an eating contest. THIS IS ALL ABOUT MONEY. Nobody on top of the power structure in any country gives a shite about the people. Troops and Civilians alike are no different to them than bullets, or toilet paper.
Yep. Right up there with de-horsing Charles the Bold...
You beat me to it.
“It merely reveals that Switzerland is no longer a safe banking haven and the flight of capital out of Switzerland will be epic. All the money from the Middle East, China, and any other country not favored by the West will be pulling out their money.”
Chief Justice Roberts thinks the Bank of Malta is pretty safe.
Putin’s balls are in a vise. Just a matter of time till they pop.
+
They haven’t taken up arms so they’re still neutral.
And they still have stolen Nazi loot in their holdings.
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