"Maximum pain as soon as possible": Canada told about the likely sanctions against the Russian Federation

December 13 2021 25

The collective West continues to threaten Russia with heavenly punishment for what it has not yet done and is not going to do. In this case, we are talking, first of all, about disconnecting Russian banks from the SWIFT payment system. According to the Canadian newspaper The Globe and Mail, such a measure could have a strong impact on the Russian the economy.

About 40 million payment orders are sent through SWIFT to 11 thousand banks around the world every day, making money transfers fast and easy. SWIFT's work ensures the global functioning of the international banking system, allowing financial institutions to send and receive the required data.

In 2018, under pressure from the United States and its allies, Iran was disconnected from this system, which immediately affected its economic situation. Thus, Tehran lost about half of its oil revenues and a third of its foreign trade turnover. The West is now threatening Russia with similar sanctions if it invades Ukraine.

The impact on the Russian economy will be just as devastating, especially in the short term

- believes The Globe and Mail.

On December 7, Joseph Biden pointed out the possibility of tough measures against Moscow during telephone conversations with Vladimir Putin. Such sanctions, according to Washington's plans, should hurt the Russian economy as a whole and every citizen of the country in particular.

The West is also considering the option of freezing Nord Stream 2 as Russia's "punishment" for a hypothetical invasion of Ukraine. The blocking of the pipeline will also negatively affect the filling of the Russian budget, but the gas pipeline has not yet been launched, while the abrupt termination of SWIFT operation in the Russian Federation will be a real shock for the country's economy.

A Canadian newspaper calls such a measure a "nuclear option." Disconnecting from SWIFT will interrupt the flow of payments to Russia for the sale of oil, gas and other goods, and it will be necessary either to look for ways of such transfers through third countries (as Iran did), or to introduce its own version of the interbank payment system. Russia is currently developing its own SWIFT counterparts, but so far, according to The Globe and Mail, they are not effective enough.

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BoBot Robot - Free Thinking Machine

+4

13 December 2021 18: 51

NECESSARY в fire brigade to introduce its own version of the interbank payment system. And for the fact that the Russian analogue of SWIFT is not effective enough, it is necessary Kick out Nabiullina in the neck and find a knowledgeable person!
1. Tourist
  
  0
  
  13 December 2021 23: 29
  
  you can develop at least ten systems. you are able to understand that our oil and gas, etc. buy in other countries for foreign currency, and in these countries companies and banks outside our control use swift for currency settlements. the question is not in the development of its own system, within the Russian Federation our rubles go perfectly online through our Central Bank. the question is to persuade our foreign partners to start using something for settlements with us that they usually do not use. and if, relatively speaking, the top 100 of our partners and banks can be persuaded there, they will come up with something for the sake of our volumes, then all the other thousands of companies and banks around the world cannot be persuaded. it is easier for them to say we are not doing this than to bother because of one-time small operations. and then all our foreign trade will be closed on an extremely limited circle of large counterparties. we will have to pay for this, and not all of our companies can afford this fee.
  1. BoBot Robot - Free Thinking Machine
    
    +1
    
    14 December 2021 12: 07
    
    gas-oil will always be bought! And we will live without a swift!
2. Mantrid Machine
  
  +8
  
  13 December 2021 23: 31
  
  So they won't take it for themselves, do they think that they are such disconnecting the Russian Federation from SWIFT and the Russian Federation regularly continues to pump gas to them, knowing that it will not receive money transfers for it? Funny and naive like children
  1. BoBot Robot - Free Thinking Machine
    
    +1
    
    14 December 2021 12: 18
    
    Eh! we are not used to becoming chyumodans to carry dough - we went through school in the 90s, when the banks of the clients' loot were stupidly stolen! So INTO pus is preparing nalik, but current with brand new crispy pieces of paper!
gorenina91

0

13 December 2021 19: 06

"Maximum pain as soon as possible": Canada told about the likely sanctions against the Russian Federation

- Oh well - all this is nonsense ...
- Damn ... - to be afraid of wolves - all my life ... all my life ... all my life - howling like a wolf (don't go to the forest); but about the forest - you will have to completely forget ... - And so - there are so many forests in Russia - everyone is envy - and Russia will have to forget the way to its forests ... - Well, isn't it a joke ???

A Canadian newspaper calls such a measure a "nuclear option." Disconnecting from SWIFT will interrupt the flow of payments to Russia for the sale of oil, gas and other goods, and it will be necessary either to look for ways of such transfers through third countries (as Iran did), or to introduce its own version of the interbank payment system.

- And why is Russia so afraid ??? - What are these payments ??? - And how our so-called investors themselves will pump money from Russia ??? - Suitcases to carry their margin from Russia, or what, will they ???
- Well, our oligarchs will have more problems ... - So should the oligarchs find themselves at least some difficulties - otherwise they are already completely fat ... - that's life and will make - at least "fix the Russian payment order" ... - it's high time to do it ... - if only China would not climb and put a spoke in the wheels of Russia ... - after all, China is not at all profitable such "Russian independence" ... and the ability to independently "financially maneuver" in the world space ...
- And why is the West there - it is China that keeps Russia on a financial short leash ... - everything is poking around with its yuan-candy wrapper ... - it is China that needs the complaisant and financially dependent Russian limitation ... - Not Biden whether he promised China such preferences ... - sanctions against Russia ... (in their behind-the-scenes joint conspiracy) ...
- As for SWIFT, Western banks themselves are not interested in "disconnecting" Russia ... - t. Russia is a very reverent and obedient and disciplined client in this respect and does not allow himself any financial scams ... - to lose such a client ... - is more expensive for himself ...
- Yes, and - suddenly Russia will really establish its "Russian payment" ... - And then Russian finance - can just go past the nose of Western banks ... - And they need it ??? - This is it ...
- And how China does not need it !!! - - "This is it" ... - three more times !!!
123

+3

13 December 2021 19: 18

Maximum pain as soon as possible

A very curious phrase. It looks like the development of the Russian payment system and the banking system as a whole gives partners the maximum pain. And apparently they are in a hurry. This means that the state of affairs is so unpleasant for them that they are ready to cut everything. They won't succeed, they won't have enough duct tape again. Russia and Iran are still different countries. They will shit at the most in English, in the end they will do without them at all. SFPS works, if necessary, foreign users will connect quickly.

“In recent years, SPFS has shown high reliability and uninterrupted operation in 24/7 mode with both Russian and foreign users. 335 users have already been connected to the system, including 38 foreign participants from nine countries, ”Baryshkov said, speaking at the VIII National Payment Forum. In particular, all Belarusian banks are currently connected to the SPFS.

https://www.vedomosti.ru/finance/news/2021/12/09/899810-rossiiskii-analog-swift-uvelichil-chislo-zarubezhnih-uchastnikov-do-38

To understand the situation, what is the banking system of the country of the White Column today ...

Russian banks have occupied almost 10% of the world market for card payments.
The share of the largest Russian acquiring banks in the world top 150 in 2020 amounted to 9,7%, follows from the report of the Nilson Report
(The national card "Mir", which occupies a quarter of the Russian market in terms of the volume of payments, is not included in these statistics.).

https://www.rbc.ru/finances/22/10/2021/617165529a7947c9662ddd92

Russia ranked first in the world in the use of contactless payments. Pavel Novikov, Director of the Center for Innovations in the Financial Sector of the Skolkovo Foundation, announced this in November 2021.
In a conversation with TASS, Pavel Novikov noted that the level of penetration of fintech services in the Russian Federation is 82%, which is the third indicator in the world after India and China.

adviser.ru (full link is long)
1. gunnerminer
  
  -12
  
  13 December 2021 19: 43
  
  Skolkovo is famous for its numerous innovations. The highest authority.
  1. 123
    
    +5
    
    13 December 2021 20: 23
    
    Skolkovo is famous for its numerous innovations. Highest authority
    
    Are there any objections to the figures?
    Heroam sala!
    1. gunnerminer
      
      -8
      
      13 December 2021 21: 25
      
      The numbers are accurate. But the turnover of banks does not contribute to the emergence in Russia of a middle class, as numerous as in the US or the EU. Bank owners serve the owners, business executives, the bulk of the Russian population is left with nothing.
      1. Artyom76
        
        +2
        
        14 December 2021 07: 36
        
        Have you been to Russia at least once, over the past 15 years? I now live in an ordinary Russian town, and when I look out the window, I see what the "poor people" have to drive - entirely foreign brands. Domestic car industry no more than 25%, excluding urban transport and freight taxis - Gazelki. And in my yard, and even more so - from Mercedes GL and BMW 5M and 6X to Range Rovere and the like ... So envy these very "poor Russians" in silence.
Kapany3

+4

13 December 2021 20: 24

Quote: gunnerminer
Skolkovo is famous for its numerous innovations. The highest authority.

No, they are after you, in second place
1. gunnerminer
  
  -3
  
  14 December 2021 09: 57
  
  RUSNANO power! On the outskirts of Gatchina, a whole new building complex of NANO has been abandoned for a year already.
shiva

-1

13 December 2021 20: 26

Putin ran the oil-for-hamburgers project quite well in the 90s. Without any payment systems.
From old memory, we will manage without swift for the first time - we will supply gas and oil in exchange for all sorts of nishtyaks such as Boshev turbines and Chinese consumer goods ...
1. gunnerminer
  
  -8
  
  13 December 2021 21: 26
  
  Back to barter, a rollback in the 90s. Natural exchange. Payments will be issued by manufactories or macaros. The internal market is so-so.
  1. shiva
    
    +6
    
    13 December 2021 21: 37
    
    And I do not mind - I work at the plant, we make rockets. I was promised a couple of ballistic missiles as a bonus. I will arrange fireworks for the new year. Poles will rejoice ...
    1. gunnerminer
      
      -5
      
      13 December 2021 22: 58
      
      Have no mercy on the Poles, strike with successive massive volleys.
  2. Fourth Horseman
    
    +4
    
    14 December 2021 04: 23
    
    So the 90s, this is "holy time"!
    Putin was not at the helm then. And sailors like you lived happily ever after.
    1. gunnerminer
      
      -3
      
      14 December 2021 09: 54
      
      Yes, you're right. There was a time! For 40 deyche marks you could sit in a restaurant for a whole evening, and a quarter of the night, and enjoy fat pilaf, fresh mutton shashlik, eat mountains of greens, a tomato. Other culinary excesses ... It was possible, without delving into the menu, to order shurpa, lavash, boz bash, besh barmak ... And the order immediately began to be fulfilled! to the ceiling!
2. Bulanov
  
  +2
  
  14 December 2021 08: 55
  
  Putin ran the oil-for-hamburgers project quite well in the 90s.
  
  In the 90s, Putin taxed to make money, as he himself said.
  And if the swift is turned off, then billions of dollars will stop flowing out of the Russian Federation.
NikolayN

+6

13 December 2021 22: 06

Let's adapt. Less money will be withdrawn.
1. gunnerminer
  
  -5
  
  14 December 2021 09: 55
  
  Tell Baydech, we are 30 on the shoulder.
Mantrid Machine

+5

13 December 2021 23: 25

Stupid, as soon as they turn off SWIFT, the latches will be turned on. Who will make the control shot to whom ???
1. gunnerminer
  
  -4
  
  14 December 2021 09: 55
  
  Will be allowed to collect dead wood.
sH, arK

+2

14 December 2021 11: 42

Nonsense ... Firstly, SWIFT is a European organization, and it will definitely not listen to Canada. Secondly, it was necessary before, until the SPFS was done. Now many Russian banks are switching to it due to lower costs. And after SWIFT is disabled, everyone will switch. It's like with a MIR card - I have Master Card Black and MIR tied to one account, but I have been using only MIR for a long time, all shops, online sellers accept it and give a larger cashback! And the application itself for payments via NFC, and in Russia all terminals work via NFC, in contrast to the "countries of the enlightened West", where it is good if 10% of cash registers accept contactless payments;)
zenion

0

14 December 2021 20: 18

They're nuts. They think that for oil and the rest the money goes to a Russian bank. There it is so done that no one even knows what they know.