SWIFT Announces It “Regrets The Pressure” To Disconnect Russia

–  SWIFT Announces It “Regrets The Pressure” To Disconnect Russia (ZeroHedge, Oct 6, 2014):

With ever louder chatter that the west will force Russia to exit the global currency messaging and interchange service that is SWIFT – essentially locking it out of transacting in “developed” currencies – and with correspondingly louder retorts by Russia that it is prepared and would welcome such a move as it would merely force it to abandon the petrodollar and allign even closer with China, there was one entity whose take on the matter had been largely ignnored. SWIFT itself. Surprisingly, in a press release issued this morning,the member-owned cooperative, reveals that not only has it received “calls to disconnect institutions and entire countries from its network – most recently Israel and Russia”, but that it regrets “the pressure” as the “surrounding media speculation, both of which risk undermining the systemic character of the services that SWIFT provides its customers around the world.”

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