{"id":4911,"date":"2015-01-27T21:07:55","date_gmt":"2015-01-28T02:07:55","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4911"},"modified":"2015-01-27T21:07:55","modified_gmt":"2015-01-28T02:07:55","slug":"medvedev-warns-of-unlimited-reaction-if-russia-cut-from-swift","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4911","title":{"rendered":"Medvedev Warns Of &#8220;Unlimited Reaction&#8221; If Russia Cut From SWIFT"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2015-01-27\/medvedev-warns-unlimited-reaction-if-russia-cut-swift\" target=\"_blank\">Medvedev Warns Of &#8220;Unlimited Reaction&#8221; If Russia Cut From SWIFT<\/a><\/h3>\n<p>While nations around the world continue to de-dollarize,\u00a0<strong>Russia signed into law its anti-crisis plan today\u00a0<\/strong>(though details will not be released until tomorrow). Prime Minister Dmitry Medvedev, however, was quite vociferous in some of his threats,\u00a0<strong>warning The West that the &#8220;Russian response &#8211; economically and otherwise &#8211; will know no limits&#8221;<\/strong>\u00a0if Russia is cut off from the SWIFT payments system. Additionally, as Royce, the chairman of the House foreign affairs committee, explains Iran nuclear talks &#8220;appear to be stalemated,&#8221; just days after Iran completes its de-dollarization and news today, that\u00a0<strong>Russia and Iran plan to create a mutual account for bilateral payments in national currencies<\/strong>.<\/p>\n<p><a href=\"http:\/\/itar-tass.com\/en\/russia\/773628\"><em>As ITAR-TASS reports<\/em><\/a>,<\/p>\n<blockquote>\n<div class=\"quote_start\">Western countries\u2019 threats to restrict Russia\u2019s operations through the SWIFT international bank transaction system will prompt Russia\u2019s counter-response without limits, Prime Minister Dmitry Medvedev said on Tuesday.<\/div>\n<p><strong>&#8220;We\u2019ll watch developments and if such decisions are made, I want to note that our economic reaction and generally any other reaction will be without limits,&#8221;<\/strong>\u00a0he said.<\/p>\n<p><strong>In late August 2014, media reports said the UK had proposed banning Russia from the SWIFT network\u00a0<\/strong>as part of an upcoming new round of sanctions against Moscow over its stance on developments in neighboring Ukraine. However, this proposal was not supported by the EU countries at the time.<\/p>\n<p><strong>After recent shelling of the Ukrainian city of Mariupol some western countries again started calling to disconnect Russia from SWIFT.<\/strong><\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Medvedev Warns Of &#8220;Unlimited Reaction&#8221; If Russia Cut From SWIFT While nations around the world continue to de-dollarize,\u00a0Russia signed into law its anti-crisis plan today\u00a0(though details will not be released until tomorrow). Prime Minister Dmitry Medvedev, however, was quite vociferous in some of his threats,\u00a0warning The West that the &#8220;Russian response &#8211; economically and otherwise [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[2107,694,1068,2958,965],"class_list":["post-4911","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-dmitry-medvedev","tag-russia","tag-swift","tag-swift-payments","tag-west"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4911"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4911\/revisions"}],"predecessor-version":[{"id":4912,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4911\/revisions\/4912"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}