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Economic sanctions

financial penalty applied by nations to persons, nations or companies to affect political change
(Redirected fromEmbargo)

Economic sanctionsare commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual, usually for political reasons.

Making the embargo that could kill the people slowly, or launching a war and supporting terrorists that could kill them in a faster way. ~Bashar al-Assad
The sanctions on the Syrian people that made the situation much worse and this is another reason for the refugees that you have in Europe now. How do you don't want refugees at the same time you created all the situation or the atmosphere that will tell them: 'Go outside Syria, somewhere else'? ~Bashar al-Assad
We should be opposed to the interventionists that want to use American military power to cause unnecessary death and destruction in other parts of the world, and in the same way we should reject the capricious and cruel use of economic sanctions to inflict misery and suffering on tens of millions of innocent people. ~Daniel Larison
As a number of religious scholars have warned, “plagues expose the foundations of injustice” in our societies. The current pandemic is exposing not only our government’s utter failures to protect its own citizens, but also its profound lack of human decency in dealing with other nations. ~Daniel Kovalik

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  • If you isolate a country, you isolate yourself, as the United States, from being influential and effective in the course of events, unless you are talking about the negative influence, like making the embargo that could kill the people slowly, or launching a war and supporting terrorists that could kill them in a faster way.
  • The sanctions on the Syrian people that made the situation much worse and this is another reason for therefugeesthat you have in Europe now. How do you don't want refugees at the same time you created all the situation or the atmosphere that will tell them: 'Go outside Syria, somewhere else'? and of course they'll go to Europe...

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  • If we're leaving our fate tosociopathicbuffoons, we're finished... you don't see that when the U.S. imposessanctions,murderous, devastating sanctions, that's the only country that can do that, but everyone has to follow.Europemay not like, in facthateactions onIran,but they have to follow, they have to follow the master, or else they get kicked out of theinternational financial system.That's not a law of nature, it's a decision in Europe to be subordinate to the master inWashington.Other countries don't even have a choice.... And back to the coronavirus, one of the most shocking harsh aspects of it, is the use ofsanctions,to maximize the pain, perfectly consciously, Iran is in a zone, enormous internal problems by the stranglehold of tightening sanctions, which are consciously designed to make them suffer and suffer bitterly.
  • As the most powerful state, the U.S. makes its own laws, using force and conductingeconomic warfareat will. It also threatens sanctions against countries that do not abide by its conveniently flexible notions of "free trade." In one important case, Washington has employed such threats with great effectiveness (andGATT approval) to force open Asian markets for U.S. tobacco exports andadvertising,aimed primarily at the growing markets of women and children. TheU.S. Agriculture Departmenthas provided grants to tobacco firms to promote smoking overseas. Asian countries have attempted to conduct educational anti-smoking campaigns, but they are overwhelmed by the miracles of the market, reinforced by U.S. state power through the sanctions threat.Philip Morris,with an advertising and promotion budget of close to $9 billion in 1992, becameChina's largest advertiser. The effect ofReaganitesanction threats was to increase advertising and promotion of cigarette smoking (particularly U.S. brands) quite sharply in Japan, Taiwan, and South Korea, along with the use of these lethal substances. InSouth Korea,for example, the rate of growth in smoking more than tripled when markets for U.S. lethal drugs were opened in 1988.The Bush Administrationextended the threats to Thailand, at exactly the same time that the"war on drugs"was declared; themediawere kind enough to overlook the coincidence, even suppressing the outraged denunciations by the very conservative Surgeon-General. Oxford University epidemiologist Richard Peto estimates that among Chinese children under 20 today, 50 million will die of cigarette-related diseases...

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  • President Trump strengthened the 60-year US blockade against my country, implementing 90 economic measures againstCubabetween January 2019 and March 2020 alone. These measures have targeted the main sectors of the Cuban economy, including our financial transactions, tourism industry, energy sector, foreign investments - which are key for the development of the Cuban economy - and the medicalcooperationprogrammes with other countries. These unilateral coercive measures are unprecedented in their level of aggression and scope... stopping Cuba from getting much-needed medical supplies... the US has imposed restrictions on banks, airlines and shipping companies to stop Cuba from receiving materials that other countries are donating or sending to Cuba.
  • In April, the Alibaba Foundation of China tried to donate masks, rapid diagnostic kits and ventilators toCuba,but the airline contracted by Alibaba to transport those items to Cuba refused to take the goods because they were afraid the US would sanction them. A ship recently arrived in Cuba with raw materials to produce medications but it decided not to unload... out of fear it would be sanctioned by the US government. So this is why we say we are suffering from two pandemics: COVID-19 and the US blockade. For that reason, it is so important that people of goodwill around the world continue to raise the demand to end the blockade of Cuba and to forcefully assert that these are times for solidarity andcooperation,not sanctions and blockades.

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  • For far too long, American politicians have been sanctions-crazed.... Last month, the Trump administration sanctioned Mexican companies for seeking to supply food toVenezuela.... Three senators introduced a bill designed to punish countries that accept help fromCuban doctors,which would include Italy, Ukraine, Jamaica, and South Africa.... Leaders of countries suddenly facing the threat of punishment for accepting Cuban doctors have reacted with anger and incredulity... it would leave more than 50 countries with the choice of either expelling Cuban doctors at a moment of global pandemic or facing American opprobrium. The prime minister of tiny Antigua and Barbuda,Gaston Browne,protested that his country relies on Cuban doctors and pointedly added, “Those who would like us to do otherwise should undertake to fill the breach.”...Most remarkably, Congress is moving to sanction Germany, a major ally for generations, because it is building a gas pipeline to Russia.
  • Cuba, along with China, is sending doctors and supplies to a number of countries around the world to help them fight the pandemic... Washington is demonstrating the very opposite... removing all of itsPeace Corpsstaff from around the world, and, even worse, increasing sanctions against countries like Cuba, Iran, Venezuela and Nicaragua during the height of the COVID-19 outbreak. It is accurate to say that the U.S. is weaponizing the virus against these countries...
    As a number of religious scholars have warned, “plagues expose the foundations of injustice” in our societies. The current pandemic is exposing not only our government’s utter failures to protect its own citizens, but also its profound lack of human decency in dealing with other nations
  • Some of the wars America fought were "simply for profit" and the sanctions it has imposed on certain countries have been as destructive as wars... TakeVenezuela,which has suffered from U.S. sanctions for over 15 years, as an example. An estimated more than 40,000 people may have died in Venezuela from 2017 to 2018 as a result of U.S. sanctions that made it harder for ordinary citizens to access food, medicine, and medical equipment, according to a report published by theCenter for Economic and Policy Research,a Washington, D.C.-based think tank, in 2019. The sanctions,Kovalikadded, have also prevented Venezuela, which has the world's largest proven oil reserve, from "maintaining its oil industry and maintaining its power grids. Sanction is war by another means...You're just denying the people the economic benefits of their industries, and also, again, you're denying them electricity, other infrastructure, again in much the same way that you could or would through actual military means." However, most Americans don't see sanctions as war and they don't know the consequences so they "tolerate it more" and think the sanctions are "somehow a legitimate form of coercion," according to Kovalik. "When you look at the results, they're the same or similar to actual military warfare, but again, there are means that are moreclandestineand do create more consent amongst the population of the Western world that might otherwise protest it, "he concluded.
  • SanctioningVenezuela's nationalized oil industry, which supports theMaduroregime, or limitingIran's access to international financial institutions to discourage nuclear weapons development may sound like straightforward ways to coerce bad actors in these two countries without harming civilians. But the reality of sanctions isn't that simple. They're often unintentionally inhumane and rarely effective. Sanctions may be a lesser evil than war, but that does not mean they cannot becruel.

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  • Collective punishment of entire nations is immoral and wrong... Collective punishment can cause the people targeted by it to become more nationalistic, and in countries with a strong nationalist tradition this is even more likely.... When the U.S. government is seeking to make them miserable and poor, Iranians are unlikely to take enormous risks to do Washington’s bidding by toppling their own government. The overuse of sanctions is itself an abuse of power... The impulse to sanction one country after another is the same impulse behind wanting to “do something” militarily against this or that regime: we do it because we can and because we think we have the right to do whatever we want to others. The same arrogance and the same contempt for the sovereignty of other nations are on display. We should be opposed to the interventionists that want to use American military power to cause unnecessary death and destruction in other parts of the world, and in the same way we should reject the capricious and cruel use of economic sanctions to inflict misery and suffering on tens of millions of innocent people.

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  • Since the start of the great recession in 2008 the U.S. has become increasingly dependent on the use of unilateral economic sanctions to achieve its policy objectives against its declared targets. Presently, sanctions impact one-third of humanity in 39 countries. Economic sanctions not only cause untold death and devastation to a given country by denying it access to U.S.-dominated markets—which restricts its ability to generate wealth, stabilize its currency against price fluctuations and provide critical services and resources for its people—but economic sanctions also serve to justify and conceal theft, through asset freezes and seizures, at a rate only previously accomplished through invasion and occupation. The victims of economic sanctions are easy to identify because they are visible—there are dead bodies and malnourished children, with stunted growth and development, in once-thriving communities. They constitute the underemployed and working-class and are predominately people of color.
  • When analysis is done to uncover the big winners of U.S. economic sanctions it is learned that ExxonMobil and JP Morgan Chase Bank are often front and center; case in point, Iran, Iraq, and Venezuela. Also, consider that JP Morgan Chase Bank did very well in the 2008 collapse through vulture capitalism. Fortunately, U.S. economic sanctions contain the seeds of their own undoing, since they engender the expansion of foreign reserve currencies at the expense of the U.S. dollar, and the phasing out of the U.S. money transfer system (SWIFT) to alternate foreign models such as Russia’s System for Transfer of Financial Messages (SPFS).... Since millions of lives are at stake now, it is imperative that secondary sanctioned countries, business owners, workers, and elected officials join together with sanctioned countries and peace activists to end economic sanctions. Theoligarchymust be stopped from literally stealing the wealth of the world.

See also

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