NEW: "Pretty damn aggressive" sanctions package in works by US & Europe should Russia invade Ukraine, sources say. 1 option "very much on the table": disconnecting Russia from SWIFT intl payment system & denying Russian energy producers from debt markets. https://t.co/HGwd5H6Upt
— Natasha Bertrand (@NatashaBertrand) December 6, 2021
Zero Hedge: Biden Mulls Cutting Russia Off SWIFT Ahead Of Putin Call In "Nuclear Option" Ukraine Response
CNN and others are reporting just a day ahead of the much anticipated video call between Russian President Vladimir Putin and US President Joe Biden that the White House is mulling "nuclear option" level actions against Moscow should it launch a military offensive against Ukraine - which US intelligence has lately said could be imminent based on assessing that some 175,000 troops have been mustered in the Crimea and regions near Ukraine's eastern border.
This includes discussion of the possibility of disconnecting Russia from the SWIFT international payment system, seen as the most drastic potential measure which further includes fresh sanctions on Putin's inner circle and on Russian energy producers.
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WNU Editor: Cutting Russia from the SWIFT international payment system will be viewed by the Kremlin as tantament to declaring war. Expect tensions to reach levels that were last seen at the height of the Cold War.
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