(Bloomberg) Bobby Ghosh - While the U.S. "maximum-pressure" sanctions campaign failed to restrain the Iranian regime's dangerous and provocative maneuvers around U.S. warships, imagine how much more dangerous and provocative Iran would have been in its absence. Without the economic sanctions, Iran's rulers would by now have had access to tens of billions of dollars - much of which would have gone into military spending. This is no mere supposition. In the first year after the nuclear deal, Iran's military budget spiked by 30-90% and swelled again the following year. The Islamic Revolutionary Guard Corps always gets the biggest slice of pie.
2020-04-28 00:00:00Full ArticleBACK Visit the Daily Alert Archive