Every European Country Wants Russia Taken Off SWIFT – Update

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We call on all civilized countries to impose an embargo on Russian oil products, ban Russian citizens from entering your territory, and disconnect Russia from SWIFT. We call on NATO, Europe, the United States to close the sky over Ukraine…”

~ Ukrainian President Zelensky

Update at the end

So far, the sanctions leveled by Joe Biden are weak and ineffective. Unfortunately, if he agrees to take Russia off SWIFT, it might seriously harm the US. Additionally, Russia might be able to go around the system.

Every European country will now support removing Russia from SWIFT and their funding for the war.  All have agreed with Germany and Hungary the last holdouts.

Unfortunately, if Biden dumps Russia from SWIFT, they will use their own communications platform like SWIFT, according to local Russian media. However, that might be a lot harder to do than they think. However, can they use China’s or India’s system? By disconnecting Russia, one of the world’s largest oil producers, from SWIFT, the US dollar could also be in big trouble since oil, the most traded commodity in the world, is paid in dollars. Biden has us over a barrel as much as we have him.

Biden is destroying the United States and maybe the world if given a chance.

Ukrainian officials are continuing to push the United States to remove Russia from the key international payment system, even after President Joe Biden declined to do so twice since the invasion. No one cares what the US thinks any longer, which is what the far-left wants.

SWIFT

The Society for Worldwide Interbank Financial Telecommunication, SWIFT, is the main system that facilitates cross-border financial transactions and money transfers. SWIFT is overseen by the Bank of Belgium and is used by 11,000 institutions worldwide.

While the U.S. initially promised a “maximum pressure” sanctions campaign against Russia, the administration didn’t deliver. They went with weak sanctions on portions of the Russian financial system, not oil and gas. In fact, the exemptions are HUGE. The Biden regime sanctioned select members of Putin’s inner circle of advisers. Some of them were already on U.S. sanctions lists. He also blocked future investments in Luhansk and Donetsk, which were overtaken by Russia.

Putin’s a war criminal.

UPDATE

The US and EU will remove some Russian banks from SWIFT and will restrict the Russian Central Bank.


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Conway poppa
Conway poppa
11 months ago

Remember, old Tater does not have a clue about what is going on or what Obama’s plans are. This whole Ukraine debacle could have been avoided by having one intelligent negotiator to reassure Putin that NATO would not enrol Ukraine. That’s it, nothing more, but Tater needed a war to cover up his and Obama’s ineptitude, so they sent Kamala. Result? War. Just damn brilliant!!

GuvGeek
GuvGeek
11 months ago

Cut SWIFT and Russia cuts all its oil off from Europe. Since Traitor Joe destroyed the US Domestic Oil Industry, we can’t help Europe. As Europe Collapses, so will the US Dollar. Traitor Joe has single-handedly been the architect of the destruction of America; unless he is willing to give up Europe and see to the Destruction of the WEF and Old European Wealth. Soon the choice will be US or Europe!

Beware the Diabolical PutinHitlerSatan
Beware the Diabolical PutinHitlerSatan
11 months ago

The rump vassals rally around muh democracy.
They won’t be saved either.
Why so serious?
The mean orange tweets are gone and the deplorables can be rounded up in the checkpoint society during WAR.

Bev
Bev
11 months ago

Self reliance: The US should rely on its own oil and gas production; farms for growing our own produce; and our own factories to produce equipment & etc.

There’s no other way to prevent, or win a war.

Bdub
Bdub
11 months ago

Except Biden. Him and hunter are financially compromised by this communist. Plus it’s what they want here. A communist dictatorship. Putin must be stopped. Biden needs to be impeached regardless of majority. He’s allowing an invasion with much higher number than Ukraine!!