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Iran, Russia integrate banking systems
Iran, Russia integrate banking systems 52 Iranian and 106 Russian banks integrated their interbank communication and transfer systems for trade and financial operations (Photo Credit : Atta Kenare/AFP) A top Iranian official announced on 30 January that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations […]
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here’s what they would mean for the US dollar.
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here’s what they would mean for the US dollar. Russian President Vladimir Putin and Chinese President Xi Jinping. Getty Images Some Russian banks have been banned from SWIFT, a cross-border messaging service for banks. India was reportedly considering a Russian proposal to use […]
Zoltan Pozsar Warns Russian Sanctions Threaten Dollar’s Reserve Status
Zoltan Pozsar Warns Russian Sanctions Threaten Dollar’s Reserve Status Over the weekend, the world gasped in shock when Western powers announced that the nuclear option would be used against Russia in retaliation for its invasion of Ukraine – sanctions against the country’s central bank and targeted expulsions of key banks from SWIFT, a move which […]
Pozsar Warns Of Another “Lehman Weekend” As Russia Sanctions May Trigger Central Bank Liquidity Flood
Pozsar Warns Of Another “Lehman Weekend” As Russia Sanctions May Trigger Central Bank Liquidity Flood In a remarkable show of force and unity, western powers cast aside all their previous concerns about Russian energy supplies and uniliaterally announced the nuclear option of imposing sanctions on the Russian central bank coupled with targeted exclusions from SWIFT of key […]
War Drums Are Beating
War Drums Are Beating A RISK NOT DISCUSSED It was around 2017 when I began seeing the ridiculous climate hysteria being pushed not just by dreadlocked physics deniers chaining themselves to trees but at an institutional level. This, I thought to myself, was something very, very dangerous and which — if taken to any greater […]
US Enraged After 6 More EU Nations Join INSTEX To Bypass Iran Sanctions
US Enraged After 6 More EU Nations Join INSTEX To Bypass Iran Sanctions On Friday six European countries issued a bombshell joint statement declaring their intent to join INSTEX, or the Instrument in Support of Trade Exchanges, a European special-purpose vehicle serving as a ‘SWIFT alternative’ to bypass US sanctions on Iran. Finland, Belgium, Denmark, Netherlands, […]
BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT
BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT ANALYSIS Brazil, Russia, India, China and South Africa, or the BRICS economic bloc, are engaging in discussions to issue cross-national digital money in order to reduce the dependence of their economies on the United States, as reported by Cointelegraph on Nov. 14. What will the […]
In Major Threat To Dollar’s Reserve Status, Russia Offers To Join European SWIFT-Bypass
In Major Threat To Dollar’s Reserve Status, Russia Offers To Join European SWIFT-Bypass Three weeks after a meeting between the countries who singed the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), which was ditched by US, French, British and German officials said the trade mechanism which was proposed last summer – […]
Trump To Unleash Hell On Europe: EU Announces Channel To Circumvent SWIFT And Iran Sanctions Is Now Operational
Trump To Unleash Hell On Europe: EU Announces Channel To Circumvent SWIFT And Iran Sanctions Is Now Operational With the world waiting for the first headlines from the Trump-Xi meeting, the most important and unexpected news of the day hit moments ago, when Europe announced that the special trade channel, Instex, that will allow European firms […]
SWIFT Cuts Off Iran Central Bank As Tehran Sells 700,000 Barrels To Direct Buyers
SWIFT Cuts Off Iran Central Bank As Tehran Sells 700,000 Barrels To Direct Buyers As reported last week, shortly after SWIFT caved to US pressure and defied the EU announcing it would cut off a selection of Iranian banks, on Monday, the US Treasury said the Iranian Central Bank has been officially cut off the […]
SWIFT Caves To US Pressure, Defies EU By Cutting Off Iranian Banks
SWIFT Caves To US Pressure, Defies EU By Cutting Off Iranian Banks Shortly after Trump reimposed nuclear sanctions on Tehran on November 5, the international financial messaging system SWIFT announced the suspension of several Iranian banks from its service. “In keeping with our mission of supporting the resilience and integrity of the global financial system […]
US Threatens SWIFT With Sanctions If Iran Isn’t Cut Off
US Threatens SWIFT With Sanctions If Iran Isn’t Cut Off Treasury Secretary Steven Mnuchin threatened the global financial messaging service SWIFT on Friday that it could be penalized if it doesn’t cut off financial services to entities and individuals doing business with Iran. The warning came just days ahead of the US re-imposition of all […]
US Is Negotiating With SWIFT To Disconnect Iran From Network
US Is Negotiating With SWIFT To Disconnect Iran From Network Treasury Secretary Steven Mnuchin said that unlike Obama’s 2013 Iran blockade, it would be harder for countries to get waivers on Iran oil sanctions as the US is already working on disconnecting Iran from the SWIFT network and dismissed concerns that oil prices could rise, […]
