Andy (River) Peterson

@kansasalps ↗

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Last Checked March 21, 2022

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Sun Feb 27 02:16:33 +0000 2022

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Andy (River) Peterson @kansasalps

Ukrainian officials have been asking for this shift for months as tensions rose, but it took an invasion for the EU to announce it was taking action to block Russian banks from the system SWIFT confirmed to @TheRecord_Media it is “preparing to comply upon legal instructions” — PolitiTweet.org

Posted Feb. 27, 2022

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Andy (River) Peterson @kansasalps

EU says global financial system SWIFT will cut off certain Russian banks in response to invasion of Ukraine—and @daryna_antoniuk explains what that means and why it matters for @TheRecord_Media https://t.co/hs1Wf6TnZ7 — PolitiTweet.org

Posted Feb. 27, 2022

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Andy (River) Peterson @kansasalps

This matters because SWIFT is the primary global payment network for banks. Russia will have a few alternatives, including its homegrown payment system, an option from China, and cryptocurrencies. But this is a big deal that seemed out of reach even a few days ago. — PolitiTweet.org

Posted Feb. 27, 2022