Tag: SWIFT

RT: What is Russia’s Sanctions Survival Plan?

Tina Marie (Ms. Cat)

The launch of the military operation in Ukraine has drawn the ire of the US and its allies, who have hit Russia with unprecedented sanctions in order to destabilize the country’s economy and pressure Moscow into ending the conflict. Among the many penalties imposed on the country over the past month, its financial system, energy exports, and forex reserves have been targeted. However, hard times call for prompt response measures, and Russia has come up with a few.

RT: What is Russia’s Sanctions Survival Plan?

It’s Different, They’re White: Media Ignore Conflicts Around the World to Focus on Ukraine

Tina Marie (Ms. Cat)

A MintPress News analysis found that in a single week Fox News, The New York Times, The Washington Post, CNN, and MSNBC ran almost 1,300 separate stories on the Ukraine invasion, two stories on the Syria attack, one on Somalia, and none at all on the Saudi-led war on Yemen.

It’s Different, They’re White: Media Ignore Conflicts Around the World to Focus on Ukraine

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply + More

Tina Marie (Ms. Cat)

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply (Archived)

Related:

The House voted to ban the import of Russian oil even though Biden already banned it by executive order

Bank of America predicts that a ban on Russian oil exports could push prices as high as $200 a barrel – and breaks down why this could trigger a global recession or stock market crash

But the strategists noted that the status of the United States as an energy independent country – meaning it produces as much energy as it consumes – could mitigate the impact of this. US-listed oil stocks Exxon Mobil and Chevron were both up by just under 1% Monday.

The Battle of Ukraine and the War It’s Part Of

Tina Marie (Ms. Cat)

The Battle of Ukraine and the War It’s Part Of

The Russian military is not the Red Army, but the forces opposing it areinclusive of a revanchist army of Hitlerian fascism. The principal actors in this conflict are, on the one side, a rising oligarchic capitalist state trying to create a multipolar world in which it and other rising, (including self-identified socialist) countries can act and grow unconstrained by the hegemon, and, on the other, an oligarchic capitalist and hegemonic imperialist state, plus Nazis. I’m not a fan of either of them, but I know whom I don’t want to win.

And so does China. And Venezuela. And Nicaragua. And Cuba.

If there’s a way out, it’s with them.

Related:

BLACK BOX DEFENCE FOR THE RUSSIAN ECONOMY – DOLLAR DEBT REPAYMENTS BLOCKED; GAS AND OIL DELIVERIES TO GERMANY STOPPED; OLIGARCH ASSETS NATIONALIZED

In general, much remains to be done to strengthen national sovereignty in the economy. American sanctions are the agony of the outgoing imperial world economic system based on the use of force. In order to minimize the dangers associated with it, it is necessary to accelerate the formation of a new – integral – world economic order which restores international law, national sovereignty, equality of countries, diversity of national economic models, principles of mutual benefit and voluntariness in international economic cooperation.”

Venezuela’s Maduro Calls for Dialogue in Ukraine Crisis, Rejects NATO ‘Mockery’ of Minsk Accords

Tina Marie (Ms. Cat)

Venezuela’s Maduro Calls for Dialogue in Ukraine Crisis, Rejects NATO ‘Mockery’ of Minsk Accords

Experts have warned that the measure could ultimately actually serve to boost the development of a system parallel to the SWIFT service that is not beholden to the US and EU.

“Both Russia and China have generated alternative mechanisms of economic resistance, such as interbank payment systems outside SWIFT. Insofar as imperialism intensifies its violence, it only ends up pushing the very hegemony of the dollar in the world and the monopolies that NATO represents off a cliff,” Rivas went on to tell Venezuelanalysis.

Ukraine lawmakers call on NATO to impose no-fly zone over Ukraine

Tina Marie (Ms. Cat)

Ukraine lawmakers call on NATO to impose no-fly zone over Ukraine

If NATO imposed a no-fly zone over Ukraine, it would effectively mean that the bloc’s members, including the US and UK, would be authorized to shoot down any Russian aircraft that enter Ukrainian airspace. Both the US and UK have sent military aid to Ukraine but have so far declined to send troops into the country.