Venezuela’s Maduro Calls for Dialogue in Ukraine Crisis, Rejects NATO ‘Mockery’ of Minsk Accords

Venezuela’s Maduro Calls for Dialogue in Ukraine Crisis, Rejects NATO ‘Mockery’ of Minsk Accords

Experts have warned that the measure could ultimately actually serve to boost the development of a system parallel to the SWIFT service that is not beholden to the US and EU.

“Both Russia and China have generated alternative mechanisms of economic resistance, such as interbank payment systems outside SWIFT. Insofar as imperialism intensifies its violence, it only ends up pushing the very hegemony of the dollar in the world and the monopolies that NATO represents off a cliff,” Rivas went on to tell Venezuelanalysis.