No. It means they stop flying. If Russia closes airspace there is no economically viable nonstop route from EU to East or Southeast Asia. In the Cold War they had to stop in Anchorage, Alaska to refuel because of this.
Ukrainian War Developments
- Thread starter james smith esq
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At this point I don't think it's friendly fire any more. It's just rival groups fighting it out on the streets.
These bastards know exactly what they're doing. They want more civilian casualties for propaganda hence the distribution of weapons to civilians and telling them that Russians could be disgusted as them.
Well, looks like somebody's patience has run out...
I also heard that Germany is exempted to buy Russian Gas. That is reduce the scope of SWIFT usage by Russia.
Here is the report by Reuters
"We are urgently working on how to limit the collateral damage of decoupling from SWIFT in such a way that it affects the right people. What we need is a targeted and functional restriction of SWIFT," Germany's Foreign Minister Annalena Baerbock and Economy Minister Robert Habeck said in a statement.
We all know that SWIFT is a transaction system. What ever paid via SWIFT is virtual money that got deducted from one bank's account in the data system and another bank got the amount increased. There is no physical cash or gold passing hands.
So the German is saying that "I will pay you through SWIFT, but you won't be able to use that money for anything because you are cut off for anything else". Russia would be stupid in delivering their gas in exchange for nothing in return.
So my conclusion is that what Germany agreed is to reduce trade with Russia which isn't about SWIFT which is just a vehicle of the trade.
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