There is a growing push in the U.S. Congress to slap sanctions on the Nord Stream 2 pipeline. The pipeline under construction would carry Russian natural gas to Germany, and has been a lightning rod of controversy both in Europe and across the Atlantic. Many governments and officials from Eastern Europe fear deeper dependence on…
The CAATSA (Countering America’s Adversaries Through Sanctions Act) sanctions concept of economically punishing countries that continue to purchase Russian and Chinese arms is about to become much more effective after the forthcoming global application of the “European Recapitalisation Incentive Programme”, which will see the US sanctioning states that don’t progressively transition away from their current multipolar…
Kuwait is a wealthy country per capita with a strong currency and good living standards. But if one ran afoul of the Kuwaiti government and was consequently sanctioned, would a lack of access to the Kuwaiti banking system, Kuwaiti currency, Kuwaiti products and Kuwaiti services really make a substantial difference to the average person’s life…
On May 13th, Reuters headlined “Iran insists on ramping up oil sales to stay in nuclear pact” and reported that “EU officials … estimate Iran needs to sell 1.5 million bpd to keep its economy afloat. A drop below 1 million bpd could bring hardship and economic crisis.” Prior to US President Donald Trump’s cancellation…
The United States government authorizes itself to be the dictator of the world, and this couldn’t happen if it didn’t have allies who accept this type of humiliating treatment. An insatiable US military is essential in order for such a regime to be able to have any success at all. For example, on May 10th,…
Donald Trump fancies himself as a deal-maker. His foreign and economic policies, however, are more akin to those of a Mafia extortionist. At a minute after midnight on May 10, Trump hiked tariffs from 10 to 25 percent on $200 billion of Chinese imports. He also threatened a 25 percent tariff on the rest of…
