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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? (37012 Views)
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Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Nobody: 12:44am On Feb 27, 2022 |
Russia’s invasion of Ukraine has triggered sanctions against the country as well as calls to sever it from the main global payments system.Source: https://www.aljazeera.com/news/2022/2/25/what-is-swift-could-be-used-punish-putin 14 Likes
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Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Johnrake69: 12:53am On Feb 27, 2022 |
Interesting read 11 Likes 2 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by CoronaVirusPro: 1:02am On Feb 27, 2022 |
The Kremlin dwarf would only lead Russians to destruction! The impact of the sanctions will mostly be felt by citizens as it has been before. The oligarchs looting the country dry will always find their way out. 70 Likes 4 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by olas24u(f): 7:17am On Feb 27, 2022 |
China launched its Cross-Border Interbank Payment System (CIPS) in 2015, using the yuan. Russia developed its System for Transfer of Financial Messages (SPFS). To build an independent Russian-Chinese financial system by linking the two should not be a problem. The main question is to choose the standard currency – possibly the yuan. Once the system is up and running, that’s perfect for Iran, which badly wants to increase trade with Russia but remains handicapped by US sanctions. Iran has already signed trade agreements and is involved in long-term strategic development with both Russia and China. 123 Likes 11 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by DenreleDave(m): 10:54am On Feb 27, 2022 |
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Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by CAPITALBEE: 1:05pm On Feb 27, 2022 |
olas24u: Interesting... 12 Likes 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by chucksbonda(m): 4:41pm On Feb 27, 2022 |
Russia already saw this coming so the sanctions will likely not affect Russia as much as it would if they didn't have that relationship with china. The impact can be determined with how economically powerful china is and also Africa will have influence on the next world power which will likely be china knowing how indebted we are to them 4 Likes 3 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by YeyeGbami: 4:43pm On Feb 27, 2022 |
Unfortunately no be only russia go suffer from the mumu sanctions 13 Likes 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by id4sho(m): 4:43pm On Feb 27, 2022 |
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Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by baike: 4:43pm On Feb 27, 2022 |
G |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Nobody: 4:43pm On Feb 27, 2022 |
In the end, it's the citizens that will suffer the impact. Imagine pornhub blocking Russia. What's Putin's business with pornhub? ![]() These sanctions will be suffered by innocent Russian citizens. The elite will keep swimming with their money in comfort and luxury. When two elephants fights, it's the grasses that suffer. If the West cared about Ukrainian citizens, they would have sworn in the help defend their bothers. But of course, they seek their interest first and analyse the risks to know if it's best. Let's just hope it doesn't escalate to a full-blown nuclear war. They have their bunkers stocked with food that can last them for years. Nah we go suffer am las las 5 Likes 2 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by MARKone(m): 4:43pm On Feb 27, 2022 |
Russia is a huge export economy, more especially it's Gas, Removing them from Swift, will seriously affect other countries that are dependent on imports from Russia. Similar move was made on Iran around 2014, which nearly crippled their economy. I hope Putin will put an end to this destruction. Anyway na their problem. 6 Likes 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Elvictor: 4:43pm On Feb 27, 2022 |
This war between Ukraine and Nigeria, made me realize that Nigeria will never develop, the commenters are all emotional, and selfish, SMH. 43 Likes 7 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Adaliqu: 4:44pm On Feb 27, 2022 |
All these things we are here saying, people are dying in Ukraine at the moment. The world should find a way and put a bullet in Putin's skull and everything will be over. SIMPLE! 9 Likes 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by inoki247: 4:44pm On Feb 27, 2022 |
Lol as in individual in Nigeria u no fit du Swift transfer for here don't know abt corprate bodies oh buh dem go tell u CBN policy no support am... So I don't know if e go affect dem cos we for diz side don move on.... 2 Likes 2 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by pocohantas(f): 4:44pm On Feb 27, 2022 |
olas24u: Interesting… Thanks for this information. Odinson1 doesn’t know this one. 9 Likes 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by jcross19: 4:44pm On Feb 27, 2022 |
CoronaVirusPro:continue with your western propaganda trash.... USA did worst in middle east nothing happened... 24 Likes 2 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Sabadon(m): 4:45pm On Feb 27, 2022 |
Majority of people dont really understand the Russian-Ukraine fight......for the layman, see pic for illustration 37 Likes 3 Shares
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Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by tolexy007(m): 4:45pm On Feb 27, 2022 |
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Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by DDNGNG: 4:45pm On Feb 27, 2022 |
Ask his nairaland urchins |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by money121(m): 4:46pm On Feb 27, 2022 |
Ok |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Poopypants: 4:46pm On Feb 27, 2022 |
I don’t think most Nairalanders know what these sanctions , Biden got world leaders that can’t even agree on a cup of coffee to agree in sanctioning Putin . Biden reported about this invasion before it was a thing, and same people are about getting russia kicked out of SWIFT. 1 dollar was worth 76 Russian rubble last week but currently today its worth 83 Russian rubble to a dollar, and the sanctions haven’t even really kicked in yet. You Nairaland urchins keep praising Putin not realizing he is loosing massively . His last card is nuclear weapon, and that will be his demise/death. So I ask again to the idiots shilling this guy, how is Putin winning this in anyway, what’s he doing to warrant that stupid supports he gets only here on Nairaland by few Nigerians in nigeria? 22 Likes 2 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by CrownedPhoenix: 4:46pm On Feb 27, 2022 |
Putin Putin. I even thought the guy had balls. Few days into a fight he started, he is already looking at playing his last card, threatening nuclear war. Over ordinary sanction? He whom the gods want to destroy, they first make 'MAD' 13 Likes 2 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by nairaman66(m): 4:46pm On Feb 27, 2022 |
Russia’s demands to me are credible in my opinion. You can’t allow a breakaway region to flirt with the west knowing how susceptible their boundaries are with Russia. Though this is debatable, but you need to realize that the west have been having a free ride in this case scenario! When the US went into Iraq, Afghanistan, Libya nobody sanctioned them or anything. The US should be cautious in this situation. Putin is like a mad man with a lighter in a gas station. 35 Likes 4 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by jonandez: 4:47pm On Feb 27, 2022 |
Now some of the people shouting swift this swift that can obviously see that it has both advantage and disadvantages to Western countries that's y they debated for long before removing russia 3 Likes 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by Coronavirus84: 4:47pm On Feb 27, 2022 |
Russia against the world 1 Like 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by freshkpomo(m): 4:47pm On Feb 27, 2022 |
You want America and the west to fall Abi? Ask Afghan citizens what happened to them after America left them... Iswap go soon knock fir una door, make world war start first.. una think say na to trek and sell Agbo and manpower under sun we dey talk so? Una eyes go clear when FULANI from Sahara desert (guy man) like you go begin Shook preek for your yansh, rape your mother and sister and Kill your brother for your face. Many of you don't know Nigeria is just like Afghanistan,some of our military men are allies to the terrorists just like in Afghanistan and their only fear presently is the international community. Even our Politicians are not left out, so keep clapping and dancing for war, in eye go soon clear just like those Muslim when dance during the early years of Boko Haram. Today na them be shooting practice equipment for same bandits they cheered. 6 Likes 2 Shares |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by kayusely70(m): 4:48pm On Feb 27, 2022 |
Really? 1 Like 1 Share |
Re: Russia Vs Ukraine: What Is SWIFT And Could It Be Used Against Putin? by DropsMic(m): 4:48pm On Feb 27, 2022 |
Okay |
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