How the West Unplugged Russia From the World’s Financial Systems

  • 📰 WSJ
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

In just one week, Western financial firms severed practically every artery of money between Russia and the rest of the globe. In some cases they went further than what sanctions required.

Western financiers severed practically every artery of money between the country and the rest of the globe, in some cases going beyond sanctions

Manezhnaya Square in Moscow. Analysts expect Russia’s economy to contract as much as 20% this quarter.Two weeks ago, Russia’s companies could sell their goods around the globe and take in investments from overseas stock-index funds. Its citizens could buy MacBooks and Toyotas at home, and freely spend their rubles abroad., another war began to isolate its economy and pressure President Vladimir Putin. The first move was made by Western governments to sanction the country’s banking system.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If an economy can be unplugged like a gadget, there is a misunderstanding about real world economy. The financial system is anything but economy— it’s not hard to do it in a system closely monitored by control freaks in 2 days, it can be done in two minutes by flipping a switch.

No-fly zone! Biden help Russian kill the ukraine people right now,CCP support all the money for this war,USA see nothing!

Even if & it's a BIG IF Ukraine accepts PUTINS latest peace offer by going NEUTRAL, & ceding CRIMEA & the two break aways, I'd leave the SANCTIONS in place to assure the NEUTRALITY. Keep the pressure on that economy so it can't pay it's military or continue MILITARY development.

Good & effective step against aggression.

Why didn't this happen after US attacks Afghanistan, Iraq and Lybia unprovoked 🙄

11th biggest economy ONLY due to its production of oil and gas. Otherwise, I can’t think of a useful product or service that Russia exports. World’s biggest petrol station.

SethAbramson Good. Destroy Putin’s economy to the point where his own people overthrow him, by any means necessary. //🏴‍☠️

⚫︎Putin is afraid that his war crimes will be known to the Russian citizen & soldier. ⚫︎Can Russian billionaires accept the termination of international transactions? ⚫︎The president never exist alone.If you stop Putin's supporters, change happens.

7 reasons why sanctions won’t hurt Russia

The U.S had been wanting to do exactly that for quite a long, long, long time to Russia, disrupts its union, then kill it economically...who's really the aggressor here? The U.S doesn't care if the common U.S citizen pays huge rent, man-made inflation, higher gas, food prices...

As much as I loathe Russia, the ability to cut them off from the world in a week is scary

LIVESTREAM JUST FINISHED🔴 BIDEN ADVISES AMERICANS TO REMOVE THE MASKS😷 VISA & MASTERCARD SUSPEND OPERATIONS IN RUSSIA💳 SHOULD MCDONALDS STOP IN RUSSIA?! NFL COMBINE🏈 UkraineRussianWar NFLCombine UkraineUnderAttaсk Live BREAKINGNEWS

Invest in Birmingham in my new business.

11th largest economy and its consumers are directed towards Chinese companies. Huge quantities of oil, gold, diamonds and rare minerals directed towards China at a deal. Cold War 2.0 accelerating China’s raise and replacement of USA(& its partners) as global super power.

I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to JulieCrypto_ on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her JulieCrypto_

As they should. Have my husband says you can’t hurt him.

Three banks out of hundreds. 😂

‘Further than what the sanctions required?’ Jeepers - standards at the WSJ are slipping.

West Stop buying Russian fossil fuel and supporting Schizophrenic Dictator Putin and sick underdeveloped Russian nation supporting him. Now they are happy when Schizophrenic is killing Ukrainians, tomorrow they will be happy to see Americans and Europeans killed by Schizophrenic.

I'm praying for Jesus to end Russia's war against Ukraine, what about you?

Yet the USA is still importing oil!

Literally into the fucking stone age aka Chinese tech aka the same thing

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia-Ukraine war: United Nations approves resolution condemning Putin, Russia: LIVE UPDATESThe Russian invasion of Ukraine stretched on into its seventh day Wednesday with a massive air assault on the second city of Kharkiv and forces moving toward the capital of Kyiv. JesseBWatters Zelinsky should surrender now and live to fight another day JesseBWatters Excellent quote my good friend JesseBWatters Some people talk a lot with opinions for a living and others are actually doing things
Source: FoxNews - 🏆 9. / 87 Read more »

Ukraine-Russia War: Russia occupies Kherson and Kyiv faces intense bombingsThe war enters a second full week. Thousands are dead, one Ukrainian city has been occupied, others are under siege, and a major European war continues. And what does it mean? But I thought the comedian president was slowing the Russians down.... Stand together with the people of Ukraine! A collection of the best cow's milk containing vitamins is required for a dry mixture. Required for infants, mothers of victims of the Ukrainian War! BTC: bc1qk6r7tk6hxqn4kep66cp3ng8re98jg5jp6p02wm even $1 will help
Source: Newsweek - 🏆 468. / 52 Read more »

Russia-Ukraine live updates: Russia bans Facebook, Twitter'The intentional targeting of civilians or civilian objects would be considered a war crime, even as we are assessing that,' press sec. Psaki tells marykbruce when asked about Russian attacks on nuclear power plant. marykbruce Russian never attacked the Power Plant, Ukraine NEO NAZI troops attacked the Power Plant! Psaki lied ! marykbruce Fake news. No nuclear power plant damaged in Ukraine DavidMuir 2020 Russia is taking out the trash
Source: ABC - 🏆 471. / 51 Read more »

Russia-Ukraine live updates: Russia takes Kherson government building in siege on Ukraine’s port citiesRussia takes Kherson government building in siege on port cities, Ukrainian official says. Follow our live coverage. Speed is the key to winning the 🇺🇦 conflict. We need to increase economic pressure until Putin removes troops or is removed from office before he takes Ukraine. Therefore, EVERY company should pause business in Russia and Belarus now! Russians blockaded Mariupol, there is no water and electricity in the city for days. They are trying to kill people by leaving them hunger and thirsty. news come directly from the city. World cannot remain silent to this situation. This is a human tragedy standwithUkraine
Source: washingtonpost - 🏆 95. / 72 Read more »

Russia-Ukraine live updates: Russia blocks access to Facebook over warRUSSIA-UKRAINE WAR UPDATE: Russia's state communications watchdog has ordered to completely block access to Facebook in Russia amid the tensions over the war in Ukraine.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »

Russia-owned SCF oil tankers rerouting from Canada, returning to RussiaTwo oil tankers owned and managed by Sovcomflot , the Russian maritime and freight shipping company that the United States blacklisted last week, are rerouting from their Canadian destinations, while another is returning to Russia after discharging, according to tracking data and marine sources. Ukraine recruits mercenaries Russian ship, IdiNaChuj!
Source: Reuters - 🏆 2. / 97 Read more »