The economic and financial sanctions against Russia have highlighted the role of SWIFT in the US control of international monetary exchange. If Russia has already put in place, at national level, its own system, no alternatives exist yet internationally.Everything you wanted to know about SWIFT and more, including its use as the economic neutron bomb that annihilates an adversary while leaving infrastructure in place.
VoltaireNet.org
The SWIFT System: A Potential Weapon in the Hybrid War
Valentin Katasonov, Professor, Department of Moscow State Institute of International Finance, doctor of economic sciences, corresponding member of the Academy of Economics and Commerce, consultant of the United Nations (1991-1993), member of the Advisory Council to the President of the European Bank for Reconstruction and Development (EBRD) (1993-1996), head of the Department of international monetary relations of the Ministry of Foreign Affairs Russia (2001-11).
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