Russia Plans to Outsmart Europe and Bypass SWIFT Ban / Sanctions are Striking the West as well
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Greetings my dear truth seekers. Against the backdrop of unprecedented sanctions that were imposed by the collective West against Moscow, experts from around the world do not stop discussing Russia's possible actions. Experts are confident that Russia will use a trick to get around Western sanctions against the Russian banking system. As Western powers step up pressure on Russia and impose sanctions against it, Moscow is looking for ways to circumvent the restrictions. According to experts, ''the West insists on disconnecting Russian banks from the SWIFT system, and the Russian Federation has already prepared a cunning response to such harsh measures''. There is an opinion that the disconnection of Russian financial institutions from SWIFT will have an immediate and at the same time very short-term effect. In particular, professor of international business at the University of Hull, Christopher Bovis, believes so. He noted that the financial sector of the Russian Federation will look for an alternative to SWIFT and will eventually find it. According to Christopher Bovis, ''the Russian authorities have prepared an alternative payment system of their own, which is quite advanced and will ensure a painless transition from SWIFT. However, it will take time and a certain number of transactions to mature to a real analog of SWIFT''...........
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