In Major Threat To Dollar’s Reserve Status, Russia Offers To Join European SWIFT-Bypass
“…a mirror image transaction system that replaces potentially sanctionable international payments between Europe and Iran…”
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Russia Is Ready To Be Cut Off From SWIFT (The International Payment System)
Whether U.S. threats lead to action or not is beside the point – Russia is ready to move on. Here’s the details…
Continue readingHackers Use SWIFT To Steal $6 Million From Russian Bank Days After Russia Says It’s Ready To Dump SWIFT
Coincidence? Only days after Russia says it’s ready to pull the plug on SWIFT, a Russian bank gets hacked using SWIFT. Here’s the details…
Continue readingRussia’s Slow Walk To Financial Independence
“With the number of people within President Putin’s government that still want good relations with the West…it continues to keep Russia’s economy weaker…”
Continue readingFive ‘Dry Runs’ Successfully Completed As China Prepares To Launch Its Gold Convertible Petro-Yuan
New reports are coming in on the extensiveness of the testing for the oil-for-yuan contract. Here’s the details…
Continue readingDEAD DOLLAR WALKING: Russian Deputy PM Says Banks Ready To Pull The Plug On SWIFT
Russia is ready to cut the cord on the Western controlled SWIFT system, and that’s not good news for anybody who uses dollars. Here’s an update…
Continue readingRussia’s Gold Stacking Isn’t Just About Savings, It’s Also About DEFENSE
“Russia views holding gold as part of its national defense system, in that gold works to mitigate against political risks…”
Continue readingRussian PM Vows ‘Unrestricted’ Response if Banned From SWIFT Payment System
Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed. The West is pushing for hitting Moscow with more […]
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