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Keyword: swiftbankingsystem

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  • Russia suspends gas supply to Netherlands; Denmark says it might be next

    05/31/2022 9:15:35 AM PDT · by kiryandil · 29 replies
    Israel Hayom ^ | May 31, 2022 | Reuters and ILH Staff
    Russia cut its gas supply to top Dutch trader GasTerra on Tuesday, escalating the economic battle between Moscow and Brussels and pushing up European gas prices. The move comes a day after Denmark flagged a potential end to its Russian gas supply and the European Union's toughest measure yet against Russia for its invasion of Ukraine, an agreement to halt sea-borne imports of its oil. GasTerra, which buys and trades gas on behalf of the Dutch government, said it had contracted elsewhere for the 2 billion cubic metres of gas it had expected to receive from Gazprom through October. "This...
  • Germany and Italy are now both reportedly ready to remove Russia from the SWIFT banking system.

    02/26/2022 8:10:49 AM PST · by BusterDog · 93 replies
    twitter ^ | 2/26/22 | Palmer Report
    Germany and Italy are now both reportedly ready to remove Russia from the SWIFT banking system. They were the only two known holdouts. If Russia loses access to SWIFT, the financial implosion of Russia will be, ahem, swift. Bring it on!— Palmer Report (@PalmerReport) February 25, 2022