Holy crap!
Iran is to be dropped from the SWIFT system [Society for World-wide Interbank Financial Telecommunications] in Belgium.
- This means Iran can NOT send or receive Bank money wires through SWIFT.
SWIFT operates the bulk of global cross-border payments.
- The NB of Belgium operates SWIFT.
This is kinda 'serious' folks, and amounts to a 'financial' declaration of war.
FYI -
SWIFT
1 B-1310 La Hulpa tel +32 2 655 31 11.
Famous last words redux: Oh shite!
Saturday, 18 February 2012
It's WAR?.................from Rico
From Theo Spark at 10:02
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