EU

BREAKING: EU Foreign-Policy Chief Makes Major Announcement

The Ukraine is getting fighter jets. The EU is clamping down on Russia. So is Switzerland, which often funds Russia when it needs something. A couple billionaires have called for the end of fighting. War does them no good, but Putin isn’t likely to consult businesses before lashing out. Pro-Kremlin media is no longer allowed. Other countries, including Germany, are providing aid to Ukraine.

EU foreign-policy chief Josep Borrell

Has stepped up to provide fighter jets. A number of Russian businessmen met with Putin recently. A billionaire spoke on condition of anonymity, “It is going to be catastrophic in all senses: for the economy, for relations with the rest of the world, for the political situation. Businessmen understand very well the consequences. But who is asking the opinion of business about this?”

White House reporter Scott Bixby tweeted out about the Swiss decision, “This is a huge, huge deal. Switzerland is basically Scrooge McDuck’s coin vault for Russian state/oligarch cash.” Two Russian billionaires have asked for peace. Oleg Deripaska said, “We need peace.” Conversation between Russia and Ukraine needs to begin “as soon as possible”.

The US and EU blocked some Russian banks

From the SWIFT system. This system is the Society for Worldwide Interbank Financial Telecommunications, which is how international money and security transfers can happen.

EU airspace is no longer open to Russia. Media is affected. If it’s pro-Kremlin, it’s not allowed in Europe now.

Other EU countries

Are stepping up to help the Ukraine with their weapons. They’re going to need ammunition and fuel. The EU has never provided military equipment to a country under attack. This is a first.

Americans in Russia need to flee. Neutral Switzerland is stepping in. They don’t do that. Swiss President Ignazio Cassis said it was “very probable” that they’d join in sanctioning and freezing Russian assets. Switzerland has a lot of Russian money. This will make many people involved with money pretty upset with Putin.

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