Russians queue for cash as West targets banks over Ukraine

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By Reuters
Published February 27, 2022

MOSCOW/LONDON (Reuters) - Russians waited in long queues outside ATMs on Sunday, worried that new Western sanctions over Moscow's invasion of Ukraine will trigger cash shortages and disrupt payments.

Moves to block some Russian banks from the SWIFT global payments system and freeze the Bank of Russia's reserves are expected to deal a severe economic blow, although Russian authorities and lenders sought to assuage fears.

"Since Thursday, everyone has been running from ATM to ATM to get cash. Some are lucky, others not so much," St Petersburg resident, Pyotr, who declined to give his last name, said.

https://www.rawstory.com/russians-queue-for-cash-as-west-targets-banks-over-ukraine/

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2. +1

[uponit7771]

4. +1

[Takket]

7. +1 Fantastic post

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3. The open of business in Russia on Monday

will be a pretty nasty show. Pooty has really stepped in his own, well, poo this time.

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6. It's 6 AM Monday, in Moscow...

…I suppose there already lines at banks, and it has all the makings of something ugly. Something pivotal?