“The West must send a strong message to Russia to deter it from invading Ukraine, including cutting Russia off from the SWIFT payment system ... if Russia does invade Ukraine, the West should prepare a very strong economic sanctions package, including cutting Russia off from the SWIFT international payment system” https://www.reuters.com/world/europ...tion-nord-stream-latvia-says-2021-12-07/
“Kremlin reveals new independent Russian-Chinese financial systems ... Russia and China will develop shared financial structures to enable them to deepen economic ties in a way that foreign states will be unable to influence, the Kremlin has announced following talks between the countries’ leaders. The move appears to be a response to a series of warnings that Western nations could push to disconnect Russia from the Brussels-based SWIFT financial system as a form of sanctions. The payment platform underpins the vast majority of international transactions.” https://www.rt.com/russia/543258-moscow-china-create-independent-structure/
