Iran Sanctions Losing Efficacy
Original Report
In 2015, sanctions played a key role in bringing Iran to the negotiating table but now warfare has been the primary tool. Oliver Wyman Partner and Global Anti-Financial Crime Practice Leader Daniel...
In 2015, sanctions played a key role in bringing Iran to the negotiating table but now warfare has been the primary tool. Oliver Wyman Partner and Global Anti-Financial Crime Practice Leader Daniel Tannebaum explains to David Gura and Christina Ruffini on Bloomberg This Weekend how even if sanctions on Iran are lifted, businesses may remain hesitant to reengage with Iran due to lingering risks. (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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