Views: 4217|Replies: 15

‘Russia to Create own Payment System’ [Copy link] 中文

Rank: 4

Post time 2014-3-28 04:46:20 |Display all floors
Russia to create national payment system: Putin

Mar 27, 2014

Russian President Vladimir Putin says his country should create its own national payment settlement system to reduce its reliance on West amid heightened tensions over Crimea.


Putin told lawmakers in televised remarks on Thursday that such systems worked in countries like Japan and China.

"Initially, they started out solely as national systems limited to their own markets, their own territory, their own population, but they are becoming more popular right now," the Russian President said, adding, "Why should we not do it? We should definitely do it and we will do it."

Putin’s remarks came after two American financial companies Visa and MasterCard stopped providing services for payment transactions for clients at Bank Rossiya, following Washington’s sanctions imposed in response to Crimea rejoining Russia.
Crimea declared independence from Ukraine on March 17 and formally applied to become part of Russia following a referendum a day earlier, in which 96.8 percent of Crimean residents voted in favor of the secession. The voter turnout in the referendum stood at 83.1 percent.

The move sparked angry reactions from the United States and the European Union, both imposing punitive measures against a number of Russian officials and authorities in Crimea.

Ukrainian lawmakers have announced that they will never recognize the reunification of Crimea with Russia, vowing to fight for the liberation of the region as long as it takes.


Overall ranking from the top in math scores are
1.Shanghai (China)
2. Singapore
3. Hong Kong
4. Taiwan
5. South Korea

Use magic tools Report

Rank: 4

Post time 2014-3-28 04:47:22 |Display all floors
Mindless Sheep:

The West has gone mad. The Eastern block is probably about the dump the dollar. I suggest everyone in America get ready.
Overall ranking from the top in math scores are
1.Shanghai (China)
2. Singapore
3. Hong Kong
4. Taiwan
5. South Korea

Use magic tools Report

Rank: 4

Post time 2014-3-28 04:48:09 |Display all floors
Putin is mile ahead:

Mr Putin,you clearly proved that you are a true leader when it comes to the interest of Russian.I think it is time for you to say that Russia will not accept USD as payment for the sale of their oil and gas. Then we see how US and EU can dare to place Sanction against Russia.One more important step, join Defence pack with Iran and China and create a new unity Call it (NU) to replace the so called fake United Nation. Time is in your side.
Overall ranking from the top in math scores are
1.Shanghai (China)
2. Singapore
3. Hong Kong
4. Taiwan
5. South Korea

Use magic tools Report

Rank: 4

Post time 2014-3-28 04:48:41 |Display all floors
Real Blessing 4 World:

This will prove the most effective and robust effort to minimize dependency on western transaction systems who are holding every nation hostage from time to time.
Overall ranking from the top in math scores are
1.Shanghai (China)
2. Singapore
3. Hong Kong
4. Taiwan
5. South Korea

Use magic tools Report

Rank: 4

Post time 2014-3-28 04:49:33 |Display all floors
Anders:

If Russia comes out with a bankcard I will apply for one immediately. Putin is the only leader who makes some sense these days.... I suppose there is quite a risk that Putin will meet the same fate as John F. Kennedy.
Overall ranking from the top in math scores are
1.Shanghai (China)
2. Singapore
3. Hong Kong
4. Taiwan
5. South Korea

Use magic tools Report

Rank: 4

Post time 2014-3-28 04:50:02 |Display all floors
hasan:

Mr. Putin is a great hero in the world and now he realize the importance of new financial system which i said several times in advance.Russia, Iran, China and NAM should establish international financial system and leave IMF,WB and Swift which are under control of hegemonic powers.
Overall ranking from the top in math scores are
1.Shanghai (China)
2. Singapore
3. Hong Kong
4. Taiwan
5. South Korea

Use magic tools Report

Rank: 4

Post time 2014-3-28 04:50:26 |Display all floors
REALIST:

GOOD NEWS INDEED!! ANY INDEPENDENCE FROM THE US DOLLAR OR EURO IS A STEP TOWARDS THE DECLINE OF THE WORTHLESS US DOLLAR AND EURO THAT HAVE NO REAL BACKING WHATSOEVER!! WESTERN ECONOMIES RUN ON BORROW AND SPEND SYSTEM THAT ENCOURAGES DEBT AND AUSTERITY!!
Overall ranking from the top in math scores are
1.Shanghai (China)
2. Singapore
3. Hong Kong
4. Taiwan
5. South Korea

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.