Sanctions Target Iran’s Weakened Regional Network
The US is preparing a new campaign of economic pressure on Iran after diplomacy and months of fighting failed to produce a durable settlement, with President Donald Trump warning countries against maintaining trade ties with Tehran.
Atlantic writer and Columbia University Institute of Global Politics Distinguished Fellow Kim Ghattas is on Bloomberg This Weekend and explains to hosts David Gura and Christina Ruffini that sanctions remain a blunt tool that will deepen hardship for ordinary Iranian A Massachusetts man was convicted in federal court in Boston following a 14-day jury trial for charges related to a scheme to illegally export sophisticated electronic components from the United States to Iran.
⚡ Effects Interpreter
🌍World Economy
- ▶Allies and rivals alike will be reading this story closely.
- ▶Diplomatic ties can shift subtly whenever politics takes a new turn.
🏙️Local Economy
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- ▶High street footfall and spending can shift subtly after a story like this.
🏦Rates & Banks
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- ▶The market for money typically twitches first when politics shifts.
❤️Health
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- ▶News like this can nibble at everyday calm more than people expect.
💷Wealth
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- ▶Your financial adviser, if you have one, might already be watching this.
🏠Housing
- ▶A slow-moving market like housing rarely reacts overnight.
- ▶Home costs usually respond down the road, once the bigger picture settles.