Discussion: Russian News Agency RT Says British Bank Suddenly Blocked Its Accounts

VOA is blacklisted in Russia.

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Suspicious number of promotional toasters being sent to LLP’s in the Grand Caymans.

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Steals it from Starbucks next door. They found him out.

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Too bad Prescott Bush’s Union Banking Company isn’t still around. They were always very accommodating for despots.

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Ha Ha, > “We have an absolutely transparent operation there, absolutely transparent funding. There have never been any complaints in this regard at all.”

Sounds just like Trump.

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Why are they so quick to complain about censorship? Are they really prevented from moving to another bank in Britain?

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Hey, Vladimir and Julian – don’t let the cyber-door hit you in your cyber-asses on the way out.

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‘Praise to be freedom of speech’
Sounds like some kind of Al Qeada slogan?

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That was my first thought – that Ecuador was not exactly thrilled with its grant of asylum being abused to interfere with another country’s election, particularly where the affected nation is the U.S.

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Oh dear, maybe someone hacked into their accounts.
Would serve them right.

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It could be - and I don’t think we’ll ever know - that the US state department made it clear that we would not look kindly on them for housing someone who was meddling in our election.

I know there’s no love lost between the US and the President of Ecuador, Correa, but it’s still the US, the world’s badass. I don’t think Ecuador is too anxious to piss us off too much.

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Russian is really a hard language to handle…at least that’s what some people say.

ducks…

Praise be to freedom of speech!

Sure, because in Putin’s Russia, everyone is entitled to free speech…and then a nice trip to prison. What a load of BS. Maybe they can make a deal with Deutsche Bank, after all, they still do business with HO.

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Are they really prevented from moving to another bank in Britain?

No, obviously this doesn’t prevent RT from doing anything; it’s just a minor inconvenience. It’s actually a really strange thing to happen, and I doubt it’s driven by politics. Seems more likely NatWest has private, business-related concerns. Possibly they think there’s a risk of money laundering or some other problem that could get their business into trouble downstream.

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I expect some of the response will involve service interruptions or hacked accounts of Russian political actors and oligarchs, which we’ll never hear about because news of them will somehow never make it into the Russian media.

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If that’s the case, then RT may also have problems finding any other financial institutions willing to do business with them in the UK. Possibly the US too, though our financial institutions are so amoral, corrupt, and under-regulated that it seems hard to imagine there would be no US banks willing to do business with them.

I suppose that depends on the decisions made, or conclusions reached, by whichever other banks they approach.

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our financial institutions are so amoral, corrupt, and under-regulated

Finance is inherently amoral…which doesn’t mean it’s immoral, although the temptation is always there. You’re right that regulation is needed, but it’s certainly not the case that regulation has been lax during the Obama administration. Even the Fed (federal reserve) is being massively more restrictive with its recurring stress tests than at any time in the past. In fact, one of my biggest concerns with the change in administration in 2017 is that this tight oversight of the banking industry will be loosened.

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As my dear old Irish grandmother used to say: People who stir shit are bound to get some on them.

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No accounts were closed. RT got 30-60 days notice to pay credit cards in full and transfer all other funds. So, we need RT to look up definitions for both truth and irony.

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