The looming failure of Operation Economic Outcast

Author: Jeffrey D Sachs, Sybil FaresPublished on: August 31, 2026Country: United States
PoliticsBusiness & Economy
The looming failure of Operation Economic Outcast

Last week, Pakistan announced it would not comply with the latest US sanctions against Iran and will continue trading with its neighbor, following a similar statement from China. The sanctions announced by US Treasury Secretary Scott Bessent on August 24 aim to economically isolate Iran, but history shows that such measures do not succeed in toppling governments determined to survive.

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