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All tagged sanction
SIPRI has corrected its data on Iran’s military spending, applying a more relevant exchange rate for dollar conversions. Instead of ranking as the 14th largest military spender in the world in 2021, Iran was actually ranked 39th.
The sanctions relief afforded to Iran in January 2016 as part of the implementation of the JCPOA did not lead to a cascade—while a significant number of foreign companies did commence or resume operations in Iran, no larger, second cohort followed.
◢ A new report in the Daily Beast claims that Trump is flirting with a “$15 billion bailout for Iran.” But the mechanics of the proposal Trump is considering, put forward by French President Emmanuel Macron, are far more limited and reasonable than this and other reports have suggested.
