Zelensky says Ukraine has gotten Europe to agree to cut Russia off from SWIFT

[Nevilledog]

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Tweet text:

Alec Luhn
@ASLuhn
.@ZelenskyyUa says Ukraine has gotten Europe to agree to cut Russia off from SWIFT. "This is an important victory. It means billions & billions in losses for Russia. That's the cost of its backstabbing invasion."
(Germany reportedly supports a "targeted" partial SWIFT cutoff)


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11:00 AM · Feb 26, 2022

[Bayard]

1. Any confirmation?

[msfiddlestix]

6. that's what I was going to ask, first looking for confirmation link

The Fog of War seems to include a ton of misinformation designed to confuse and inflate/deflate hope or outcomes.

last thing we need right now.

[uponit7771]

2. Germany and Hungary too?

[Ohio Joe]

11. Hungary came on board earlier...

The post with link is here somewhere, I can’t find it now but that has happened. I’ve not seen anything on Germany yet.

[Walleye]

3. I think if we can defeat Putin's imperialistic ambitions without engaging in combat

Ourselves. It will be a major victory for humanity in the 21st-century. Of course it could easily go the other way

[PortTack]

4. Please do it! Don't wait

[cadoman]

5. this is a two step process--cutting them off from SWIFT is the easy part

Now we need to get them gas or some means of heat. Any ideas?

[HUAJIAO]

7. Ya gotta love a president who goes on TV wearing an olive drab T-shirt !!

[gab13by13]

8. I heard on cable news it was limited,

just a guess that maybe fossil fuels are exempt.

[BlueIdaho]

9. Another brick in the wall.

The more we can fuck with their financial institutions the better.

[OnDoutside]

10. Swift may not be the panacea....the sanctions the US imposed

may be far more effective, according to a James O'Brien interviewée....

Yesterday's sanctions against Russian banks are more powerful than excluding them from the SWIFT system, argues financial expert Frances Coppola.

@mrjamesob | @Frances_Coppola https://t.co/0YrSpQcstz

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?t=suGBRI2iVH5EiPr9g1GxKQ&s=19

[peggysue2]

12. I read a morning link here on DU

That Hungary had finally given the nod and that their opposition to a SWIFT cutoff was the last stumbling block. More pressure on Putin and the elimination of another right-wing talking point/screech.

Hope the info is accurate.

[Ohio Joe]

13. If true, it should be done

If our NATO allies are on board, we need to stand with them.

[LetMyPeopleVote]

14. US + EU commit to removing selected Russian banks from Swift

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