In addition to the exclusion from the international payment system Swift, tech sanctions could also have a severe impact on Russia's economy. However, China could offset punitive measures with its own exports. But Beijing has to hold back; after all, the Communist Party does not want to break completely with the West. This price would probably be too high.
Von Ning Wang
Die EU schränkt die Möglichkeiten der russischen Zentralbank stark ein, das Finanzsystem vor den Folgen der Sanktionen zu schützen. Mehrere Banken werden zudem vom internationalen Zahlungsabwicklungssystem SWIFT abgetrennt. Die Maßnahmen dürften das russische Finanzsystem erschüttern.
Von Eric Bonse
The Ukraine war is also part of a global struggle for oil and gas. The USA wants to sell more of it to Europe. China, in turn, wants to be less dependent on oil and gas from the US and its allies – and is leaning toward Russia.
Von Redaktion Table
The EU is severely restricting the Russian Central Bank's ability to protect the financial system from the consequences of the sanctions. Several banks will also be cut off from the SWIFT international payment processing system. The measures are likely to shake the Russian financial system.
Von Eric Bonse
The change of course by the traffic light government due to the Russian attack on Ukraine is a significant change on many levels. Thomas Wiegold analyzes the new course and its meaning in terms of federal policy, Europe, and for the armed forces.
Von Redaktion Table
