Trudeau announces sanctions on Putin, calls for Russia's removal from SWIFT banking system

[Spazito]

Sanctions will also apply to Russia's foreign minister and Putin's chief of staff

Canada will impose sanctions directly on Russian President Vladimir Putin and his inner circle of advisers, Prime Minister Justin Trudeau announced Friday afternoon.

snip

Trudeau is now calling for Russia's removal from SWIFT, the Belgian-based banking system used for many international financial transactions.

"Excluding Russian banks from SWIFT will make it even more difficult for President Putin to finance his brutalities," Trudeau said.

Trudeau and British Prime Minister Boris Johnson are the NATO leaders pushing most vocally for Russia's removal from the banking system. The EU decided on Friday that it would not make that recommendation. The U.S. also has said it is not yet calling for that move.

more

https://www.cbc.ca/news/politics/ottawa-putin-sanctions-1.6365179

[PuraVidaDreamin]

1. Why hasn't the US done this yet?

I just spoke to a very good friend who fled the now Czech Republic under a lot of
the same circumstances. She was five, hiding in the back of a truck under a tarp
under her mother's arms. She was terrified and is experiencing PTSD.

[abqtommy]

2. It does take a little time to get all our ducks in a row. I first read about people in the

U.K. advocating kicking Russia out of Swift two days ago so I'm encouraged that this is
going to happen.

[Raven123]

3. I heard a former treasury official say the same thing

Then I heard Ben Sasse this morning say the plan should have been set up earlier. I agree with him. I just wonder if Biden isn’t taking the heat for some of the EU. Germany having a new leader after years of Merkel must be feeling overwhelmed. Hope we get it together ASAP.

[Fords Crackpipe]

4. Know Your Trump Supporter