U.S. Treasury warns India’s banks about business with Russia

https://www.theglobeandmail.com/business/article-us-treasury-warns-indias-banks-about-business-with-russia/

55 points · 7 comments · view on lemmy.world

7 Comments

naturalgasbad@lemmy.ca · 16 pts · 2y (2 replies)

India: Deal?

Russia: Deal.

America: Isn't there somebody you forgot to ask?

takeda@lemmy.world · 19 pts · 2y (1 reply)

It's about telling India's banks that if they are used to letting Russia get around sanctions, they will be sanctioned themselves. The same thing was told to the Chinese banks.

PolandIsAStateOfMind@lemmy.ml · 9 pts · 2y

Great idea, that will greatly speed the dedollarisation and establishing of alternative financial systems.

davel@lemmy.ml · 10 pts · 2y
StaySquared@lemmy.ml · 6 pts · 2y (1 reply)
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eldavi@lemmy.ml · 0 pts · 2y

someone else will take over and they'll start doing the same shit.

queermunist@lemmy.ml · -3 pts · 2y (1 reply)

The US doesn't realize the days of dictating terms to the rest of the world is over. All retaliating against India would do is weaken USD.

Bell@lemmy.world · -2 pts · 2y

So instead of economic sanctions we should...?