WORLD
October 4, 2006 | From Times Wire Reports
Russia rejected U.S. and European Union calls to lift economic sanctions on Georgia, saying it had cut transportation links to curb a military buildup by its pro-Western neighbor. Russia halted rail, air and postal connections with the former Soviet republic in response to the arrest of four Russian military officers on spying charges. The four were released Monday. Russian Foreign Minister Sergei V.
NEWS
August 25, 1985 | From Reuters
Economic sanctions to force nations to change policies, like those the United States may impose on South Africa, more often fail than succeed, according to a study by an independent research institute. The Washington-based Institute for International Economics reviewed 103 instances of sanctions since World War I and found that 55% failed to achieve their goals. After 1973, almost two-thirds failed to force even modest policy changes, it said in a new book.
NEWS
January 20, 2001 | From Associated Press
President Clinton, responding to positive developments in Yugoslavia, notified congressional leaders Friday that he was lifting trade and financial sanctions against the Balkan nation. The easing of sanctions does not apply to former President Slobodan Milosevic, his family, his cronies or indicted war crimes suspects. All told, 81 people will remain under sanctions restrictions.
NEWS
April 10, 1988 | United Press International
President Reagan imposed harsher economic sanctions against Panama Friday, shutting off the flow of U.S. dollars to the Central American nation in an effort to force Gen. Manuel Antonio Noriega out of power. Reagan, in a statement, announced that he had invoked the International Emergency Economic Powers Act to increase economic pressure on Noriega, who is under indictment in the United States for drug trafficking.
NEWS
February 7, 1987 | ROBERT W. GIBSON, Times International Economics Correspondent and
Ever since the Boston Tea Party, Americans have tried to force change on distant governments by turning the economic screw. Thomas Jefferson called it "peaceful coercion." The modern term is economic sanctions. Even before South Africa joined the target list, the United States had more sanctions in place against more governments than any other nation in the world. Now, however, the value of economic sanctions is being challenged.
NEWS
April 17, 1998 | From Times Wire Services
Raising the threat of a new crisis with the United Nations, Iraq demanded Thursday that the Security Council lift economic sanctions when it meets later this month to review the status of Baghdad's weapons programs. But U.N. officials said there is little chance that the council will lift the sanctions when it meets, possibly the week of April 27. The U.N.