September 2, 2014

Ultimate Sanction: Choke Russia's Banks

C. Matlack, Bloomberg Businessweek

The Associated Press

So far, the sanctions imposed on Russia don’t seem to have caused a major disruption to its $2 trillion economy. Now some are urging the EU to wield what may be the most powerful sanctions weapon at its disposal, the same one it used against Iran in 2012: locking Russia out of the Swift interbank payments system.

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TAGGED: SWIFT, Banks, Ukraine, Sanctions, Vladimir Putin, Russia


September 2, 2014
Russia's Weak Spot
Daily Telegraph
Sanctions will hurt us – but they will hurt Russia even more. more ››
August 29, 2014
Sanctions Are West's Biggest Mistake
Angus Roxburgh, Guardian
Western leaders divide along a spectrum from all-out confrontation (marked by total distrust of Putin) to cautious engagement. Those who see Putin as the only cause of the problem refuse to concede he might also be part of the... more ››
August 22, 2014
When Sanctions Lead to War
Paul Saunders, New York Times
As Ukraine battles separatists and Russia appears poised to invade, many historians and scholars are warning of ominous similarities to the outbreak of World War I in 1914. But they are ignoring a more important comparison: 1941. more ››
August 27, 2014
Putin's Gone Too Far to Back Down Now
Charles Crawford, Daily Telegraph
Moscow’s policy towards Ukraine in the past year has been a disaster in its own terms, giving Ukrainian identity and self-respect a boost as never seen before. Mr Putin is counting on other world leaders staring aghast at... more ››
August 27, 2014
Putin's Game in Ukraine
Globe and Mail
On Tuesday, Russian President Vladimir Putin met in Minsk with Ukrainian President Petro Poroshenko. The two held talks ostensibly aimed at bringing an end to a war that, according to the UN, has now claimed at least 2,000 lives.... more ››