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New Atlanticist

Sep 20, 2019

Iranian central bank designation: What does it mean?

By Brian O'Toole

The only appreciable impact of the September 20 designation will be to further impair the delivery of food and medicine to the Iranian people, who are already struggling to get needed supplies and to antagonize US partners around the globe.

Economic Sanctions Iran

Issue Brief

Sep 19, 2019

Secondary sanctions’ implications and the transatlantic relationship

By Samantha Sultoon & Justine Walker

The term secondary sanctions provokes strong reactions from allies and markets. Due to the power of the US dollar, breadth of the US market, and dominance of the US financial system, even the threat of secondary sanctions prompts many non-US companies to change their behavior to avoid the risk of such sanctions. Although this approach has furthered US policies, it has resulted in transatlantic political divergence and enhanced compliance uncertainty among private sector actors.

China Economic Sanctions

New Atlanticist

Aug 5, 2019

New Russia sanctions: Justified, but feeble and awkward

By Daniel Fried, Brian O'Toole, and David Mortlock

Muddied signals, weak sanctions, and uncertain rollout are no way to respond to Putin’s continuing misdeeds.

Economic Sanctions Russia

New Atlanticist

Aug 2, 2019

Lift sanctions on Russia? Really?

By Daniel Fried

This issue is simple enough: sanctions were imposed in response to aggression; sanctions can be lifted when and if that aggression ends.

Economic Sanctions Russia

Digital currencies

Jul 16, 2019

Libra: Balancing Risks and Opportunities

By Global Business & Economics Program

Facebook has disclosed its plans to launch the ambitious new digital currency, Libra, in the first half of 2020. Operating on a version of blockchain, Libra hopes to become a widely adopted payment method, supported by Facebook's 2.4 bn users and a coalition of global corporations including Uber, Visa, and Spotify that form the Libra Association.

Digital Currencies Economic Sanctions

New Atlanticist

Jun 24, 2019

Trump sanctions Iran’s Supreme Leader

By Ashish Kumar Sen

The executive order allows US Treasury Secretary Steven Mnuchin to impose sanctions on officials appointed by Iranian Supreme Leader Ali Khamenei and those who provide material support to his office.

Economic Sanctions Iran

Event Recap

Jun 11, 2019

Sanctions Lunch with Brian Hook: Prospects for the United States’ Maximum Pressure Campaign on Iran

By Global Business & Economics

On June 11, the Atlantic Council’s Global Business & Economics Program’s Economic Sanctions Initiative hosted a roundtable discussion on the prospects of the United States’ maximum pressure campaign on Iran, featuring Brian Hook, US Special Representative for Iran and Senior Policy Advisor to the Secretary of State.

Economic Sanctions Economy & Business

EconoGraphics

Jun 3, 2019

US Cuba policy: EU and Canadian firms to suffer?

By BY OLE MOEHR | GRAPHICS BY SHIQING HUA, FRANCIS AUBEE, AND NICK BROWN

On April 17 2019, US Secretary of State Michael Pompeo announced an important change in the United States’ policy toward Cuba: Title III of the Cuban Liberty and Democracy Solidarity Act of 1996 (LIBERTAD Act) would no longer be suspended. As a result of this decision, US claimants can now seek compensation for property confiscated by the Castro government. The move has important implications for US and foreign companies doing business in Cuba. This edition of the EconoGraphic explains the history and purpose of the LIBERTAD Act, evaluates the policy’s potential impact on US allies’ economic interests in Cuba, and highlights its implications for the pressure campaign against the Maduro regime in Venezuela.

Cuba Economic Sanctions

New Atlanticist

May 15, 2019

Coherent US strategy seen key to effective sanctions

By David A. Wemer

“Sanctions can be a useful, precise, and effective tool of US foreign policy, so long as they are treated as a tool to implement a clear policy and a thought-out strategy,” David Mortlock said.

Economic Sanctions Iran

In the News

May 3, 2019

Sultoon Quoted in the Dialogue on Sanctions in Nicaragua

Read the full article here.

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