By Xander Snyder
The Russian ruble, Turkish lira and Iranian rial are all falling in value. What do they have in common? The United States is in some way involved in their decline. It’s a sign of U.S. power: Even as its military becomes more limited and it threatens to pull back from the Middle East and other parts of the world, the U.S. can still put pressure on the economies of countries that are working against U.S. interests and impact global conflicts without resorting to military force.
Sanctions Pressure in Russia
For Russia, recently imposed sanctions and the threat of new sanctions …read more
Source: Geopolitical Futures