The Race Goes To The SWIFT
I must say, I had never heard of them. But that doesn’t matter. Because the people who need to have heard of them, have. You will recall that “SWIFT”, the bank transfer center, has joined the boycott against Iran . The Belgium based SWIFT is the world’s standard ‘messenger’ for international bank transactions. The effect of this boycott is to make life far more difficult for Iranians looking to do international trade – primarily their vast oil industry. Of course, the Iranians are wily enough to find alternatives; bartering would by-pass the use of banks; transferring cash or gold would be bulky, but possible; using third country banks (such as pliant Chinese or Russians) might avoid the need for SWIFT. However, “celebrate the victories”, I say! And who should be popping a champagne cork about the SWIFT victory? The guys I’d never heard of…. UANI – United Against Nuclear Iran . According to their website: United Against Nuclear Iran (U