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April 28, 2024       Share:    

Source: https://www.ynetnews.com/article/ryiz4tf11c

Sanctions? Don't Make the Iranians Laugh

(Ynet News) Sever Plocker - Under severe and comprehensive economic sanctions, the Iranian regime shows higher growth rates (11.5%) than the U.S. (7.3%), per IMF data for the years 2023 to 2025, thanks to ties with China, Russia, India, Indonesia, Turkey and the UAE, countries that do not see themselves bound by the sanctions regime. Iran had a surplus in its international balance of payments averaging $18 billion annually. In contrast, the U.S. faced a persistent deficit in its international balance of payments. The statistical evidence clearly underscores the profound failure of sanctions. There is considerable doubt that the bombastic announcements of additional U.S. and European sanctions heard last week will change the situation. Challenging and blocking Iran's Middle Eastern imperial aspirations with another round of sanctions is unlikely to be effective.

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