Escaping the global sanctions net

Context

What the editorial is about?

• A shift is taking place in the business of global dominance and hegemony, from the model of expressing force through troop presence to financial sanctions.
• It is led by the US and has become recently visible in the US and EU sanctions on Russia.

What are sanctions?

• In their simplest terms, sanctions are measures imposed on a state, group or individual as punishment for certain actions.

The most commonly used sanctions

Economic sanctions

• Commercial and financial penalties such as levying import duties on goods, restricting exports, blocking ports, investment bans and targeting companies from a state

Diplomatic sanctions

• Political measures that aim to demonstrate displeasur