Washington May Have Discovered Limits of Econ Sanctions

Washington may have discovered the limits of economic warfare. In the Bishkek economic summit, from 31st August to 1st September, China, Russia, India and Iran gathered under the banner of the Shanghai Cooperation Organisation (SCO) while the United States continued its campaign to squeeze Tehran. The symbolism was difficult to miss. The more Washington reaches for sanctions, the more determined its rivals become to construct financial channels beyond American control.