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China completes SWIFT alternative

Posted by seumasach on March 12, 2015

May Launch “De-Dollarization Axis” As Soon As September

Zero Hedge

9th March, 2015

One of the recurring threats used by the western nations in their cold (and increasingly more hot) war with Russia, is that Putin’s regime may be locked out of all international monetary transactions when Moscow is disconnected from the EU-based global currency messaging and interchange service known as SWIFT (a move, incidentally, which SWIFT lamented as was revealed in October when we reported that it announces it “regrets the pressure” to disconnect Russia).

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