US Sanctions and Global Compliance: A Discussion on Power Dynamics
0:00:02 Global Observation of US Sanctions: Other countries, even those that oppose them, observe US sanctions due to fear of repercussions from the United States.
0:00:28 US Power in International Finance: The US has the power to exclude countries from the international financial system, which is largely controlled through New York, and take other punitive measures.
0:00:58 US Sanctions on Cuba: Sanctions on Cuba are explained, citing declassified records, as a response to Cuba's "successful defiance" of US policies dating back to the Monroe Doctrine (1820s).
0:01:47 Monroe Doctrine: The Monroe Doctrine established the US's claimed right to dominate the Western Hemisphere. Cuba's independent actions were seen as a challenge to this dominance.
0:02:58 Sanctions as a Tool of Fear: Countries worldwide comply with sanctions due to the fear of US retaliation.
0:03:01 Iran Sanctions and the JCPOA: The Joint Comprehensive Plan of Action (JCPOA), a nuclear agreement signed in 2015, is discussed. Iran complied with the agreement, limiting its nuclear capabilities.
0:03:42 Trump's Withdrawal from JCPOA: President Trump dismantled the JCPOA, violating Security Council orders.
0:04:08 Iran Punished for US Actions: Despite its compliance, Iran faced harsh sanctions imposed by the US after Trump's withdrawal.
0:04:15 European Opposition, US Enforcement: Europe opposed the renewed sanctions on Iran but was forced to comply due to US power.
0:04:24 Biden Maintains Sanctions: The Biden administration maintains the sanctions regime implemented by Trump.