TS Bùi Ngọc Sơn: KHÓA DÒNG TIỀN CỦA CẢ THẾ GIỚI - Quyền Lực Đáng Sợ Của Mỹ đến từ đâu?

VTC News | THE US CAN SANCTION RUSSIA, IRAN, AND EVEN PRESSURE ON MAJOR ECONOMIES WITHOUT FIRING A SINGLE SHOT. HOW DOES THE US SANCTION AN ECONOMY WITH THREE PINS? Many people mistakenly believe that the financial strength of the US lies solely in the interest rate decisions of the Federal Reserve (FED). In reality, Washington possesses a sophisticated three-pronged approach that can exert immense pressure on an economy in a short period of time. • First prong – Cutting off communications: The US pressures SWIFT – the global financial messaging system – to cut off access to the target country. The country's banks immediately become "mute," unable to send or receive any international money transfers. • Second prong – Freezing assets: Through the US-based payment and correspondent banking system, Washington can exert significant pressure on international financial transactions. The majority of current USD transactions and payments still pass through the US-based banking and payment system. This allows financial sanctions to severely impact the targeted country's ability to make payments and access foreign currency. • The third spearhead - Capital flow pressure: Not only government sanctions, but also global financial market sentiment can create immense pressure. As geopolitical risks increase, investment funds and the risk management systems of large financial corporations often quickly withdraw capital from markets deemed risky. This can put strong pressure on exchange rates, stock markets, and a country's ability to raise capital. In this panel discussion: Dr. Bui Ngoc Son, former Head of the International Economics Department, Vietnam and World Economics Institute, will decipher the deepest layers of global financial power and the complex control network that most of the world depends on behind every seemingly simple international transaction. When money becomes a weapon, which countries have the advantage and which are at risk of becoming targets? Will China's new payment systems, BRICS, or central bank digital currencies be enough to break the dominance of the US dollar? #vtcnews #USD #SWIFT #Politics #GlobalFinance #WorldEconomy #BRICS #Russia #China #VTCNews The official YouTube channel of VTC News online newspaper - Updating the fastest and most accurate current affairs news Connect with VTC News at: ✓ Website: http://vtcnews.vn ✓ Facebook:   / vtcnewsvn   ✓ Twitter:   / vtcnewsvn   ✓ Youtube:    / @vtcnewstintuc   Managing agency: Voice of Vietnam Radio Email: [email protected] #VTCNews #trends #News #onlinenewspaper #news #currentaffairs