"Britain's economy is about to take its greatest hit for decades due to collateral damage from the US's war on Iran and the closing of the strait of Hormuz."
"Sanctions have not succeeded in destabilizing the regimes they were aimed at, as many countries remain ruled by the same governments since sanctions were imposed."
"The Economic Weapon, by Nicholas Mulder, charts the historical futility of using trade to threaten an enemy, showing that trade always finds its own way out."
"Sanctions have caused many countries to embrace the Brics partnership, strengthening the anti-western Sino-Russian trade alliance and proving to be staggeringly counterproductive."
Britain's economy is set to experience its worst downturn in decades due to the US's war on Iran and sanctions on Gulf oil exports. Previous sanctions against Russia have already weakened the UK, leading to declining economic growth and government popularity. Sanctions intended to destabilize regimes in countries like Iran and North Korea have largely failed, with many of these nations remaining under the same leadership. The sanctions have also inadvertently strengthened anti-western alliances and shown a historical pattern of ineffectiveness in achieving their intended goals.
Read at www.theguardian.com
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