News0 min ago
Well Done Boris.....
46 Answers
https:/
...when Europe and the US follow suit that means all their foreign assets frozen, no interaction with the financial system, SWIFT etc. It's ordinary Russians who'll suffer for Putin's aggression.
...when Europe and the US follow suit that means all their foreign assets frozen, no interaction with the financial system, SWIFT etc. It's ordinary Russians who'll suffer for Putin's aggression.
Answers
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Predictably the EU, US, China, Canada and South America are not cutting Russia out of SWIFT for the time being.
So the UK unilaterally doing so, is a bit pointless. But we don’t do much trade with Russia, so it is any easy promise to make.
Countries that do a lot of trade with Russia are not going to be keen, because they want paying for their goods and services.
So the UK unilaterally doing so, is a bit pointless. But we don’t do much trade with Russia, so it is any easy promise to make.
Countries that do a lot of trade with Russia are not going to be keen, because they want paying for their goods and services.
will British sanctions hurt any more than US ones? I realise we don't have access to their accounts but if the Yanks couldn't hurt them, can we?
Personally, I'm happy with it, London's been a safe haven for them and their money for far too long, but I don't know if this is a genuine deterrent to anything or just gesture politics.
Personally, I'm happy with it, London's been a safe haven for them and their money for far too long, but I don't know if this is a genuine deterrent to anything or just gesture politics.
"will British sanctions hurt any more than US ones? I realise we don't have access to their accounts but if the Yanks couldn't hurt them, can we? " - Can you stop it with the anti British stuff for once. The US didn't hurt them because they moved ops to here, now they'll have to move again, hopefully the EUSSR will also cut them off so they'll be reduced to some third world sheet hole. No fun for an Oligarch, geddit?
no, they are billionaires they'll have a stash in every western nation enough to live on in the way they have become accustomed. They'll have assets in most currencies and markets. The US may have frozen some of that, we will freeze more, hopefully the EUSSR more etc etc until they can only operate in a few places that make it pointless being a billionaire.
As I said earlier :
https:/
MPs have urged the Prime Minister to hit Russia with tougher sanctions, with Foreign Affairs Committee chairman Tom Tugendhat warning that the Government's actions should go "much further, much faster".
He made the comments after Boris Johnson announced Britain is sanctioning three wealthy allies of Vladimir Putin and five Russian banks, under a "first barrage" of punitive measures in response to a "renewed invasion" of Ukraine.
Mr Tugendhat told BBC Radio 4's World At One programme: "I'd like to see this go much further, much faster. As my former boss, the chief of the defence staff, General Lord Richards, put it: clout, don't dribble. You allow people to think that you're not serious if you don't respond seriously quickly, and it can lead to worse confusion in the future."
His comments are the latest in a string of growing criticism from MPs about the scale of the UK sanctions announced today and whether they go far enough.
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Go hard or go home
It is the only way to deal with Mad Vlad
https:/
MPs have urged the Prime Minister to hit Russia with tougher sanctions, with Foreign Affairs Committee chairman Tom Tugendhat warning that the Government's actions should go "much further, much faster".
He made the comments after Boris Johnson announced Britain is sanctioning three wealthy allies of Vladimir Putin and five Russian banks, under a "first barrage" of punitive measures in response to a "renewed invasion" of Ukraine.
Mr Tugendhat told BBC Radio 4's World At One programme: "I'd like to see this go much further, much faster. As my former boss, the chief of the defence staff, General Lord Richards, put it: clout, don't dribble. You allow people to think that you're not serious if you don't respond seriously quickly, and it can lead to worse confusion in the future."
His comments are the latest in a string of growing criticism from MPs about the scale of the UK sanctions announced today and whether they go far enough.
———
Go hard or go home
It is the only way to deal with Mad Vlad
