Tag: SWIFT
Ahead of the New Delhi summit to be held in September, let’s take stock of the progress of the BRICS+ strategy.
The United States’ treatment of other countries is a stark reminder of the undemocratic nature of the United Nations. The US has been known to bully and coerce nations into submission, often using its military, economic, and cultural influence to get its way. For instance, the USA has prevented Germany from withdrawing its gold reserves from the US, treating the European powerhouse like a junior partner.
Biden, finally, has his foreign policy ‘success’: Europe is walling itself off from Russia, China, and the emerging integrated Asian market.
The acronym SWIFT (The Society for Worldwide Interbank Financial Telecommunications) has once again popped up in the global media headlines. Experts usually describe SWIFT as an international, interbank network for transmitting information about payment transactions…
