Nuclear Iran: the Sanctions Delusion

The Obama Administration, and its critics, are mistaken that Iran's nuclear negotiations are motivated primarily by economic sanctions. Since revolutionary Iran's seizure of the U.S. Embassy in 1979, every presidential administration has imposed on Iran new and ever more stringent economic sanctions restricting trade and seizing financial assets.  Most recently, in 2010 and 2013, President Obama imposed the latest round of economic sanctions, advertised as the most stringent ever, that include prohibiting banking transactions in the rial, Iran's currency, and even restricting importation of Iranian caviar. Historically, economic sanctions have had little or no discernible effect on altering Iran's dangerous behavior, such as its world leadership of international terrorism and its development of nuclear weapons. Analyst A.E. Torbat concludes, "overall, the sanctions' economic effect... has been significant, while its political effect has been...(Read Full Article)

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