Russia Claims to be Ready for SWIFT Cutoff

 

U.S. And Its Allies Are Considering The Move To Ensure Russia Complies To UN Sanctions On North Korea.

Russian Deputy Prime Minister Arkady Dvorkovich reportedly told state-run media his country’s banking system is fully prepared to “survive” if the U.S. and its Western allies cut off access to the Society for Worldwide Interbank Financial Telecommunication. Continue reading

Russia’s National System of Payment Cards, American Express agree on Mir co-badged card

Free economic leverage to Moscow has just been given away. Sanctions will now be that much more ineffective with AMEX having over 100 million cards circulating globally.

 

MOSCOW, July 20. /TASS/. Russia’s National System of Payment Cards (NSPC) has struck an agreement with the international payment system American Express on issuing co-badged card Mir, NSPC said in a press release on Monday.

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