As it has demonstrated with stunning effect in Ukraine and elsewhere, Russia likes to use asymmetrical tactics to gain strategic advantage. Now it seems a UK bank conglomerate may have found a way to turn the tables on the Kremlin.
The conglomerate, the Royal Bank of Scotland Group, decided that as of December 12, it will no longer do business with RT, originally known as Russia Today. The move could cause significant disruption for RT, and have far-reaching implications for Russia’s ability to use state-controlled media to push its political and cultural agenda beyond its borders. If other major banks in the West follow suit, RT could have difficulties paying for it newsgathering operations outside of Russia.
RT is a 24-hour news broadcaster, funded by the Russian government, catering mainly to an international audience. Critics characterize the channel as an important weapon in Russia’s information war against the West, framing developments in a way that advances the Kremlin’s political and economic interests.
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