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In 2013 the UN decreed an arms embargo against the CAR. The arms embargo was established in the context of an intercommunity conflict between the Séléka rebels, with a Muslim majority, and the predominantly Christian militias. to fight back. Raised UN Security Council lifts arms embargo on CAR on August 1, 2024. [77]
According to a 2000 research paper by Jorge Antonio, a professor of political economy, the economic effects of the embargo on the economic development of Cuba are likely negligible. The paper states that: "Under the real world of Castroism, however, the answer must be a terse one: none. The embargo has not harmed the Cuban economy.
An economic sanction could cripple the targeted country's industries. For example, if a targeted country's industry gets sanctioned for a prolonged period of time, it can bring effects such as unemployment and industry collapse to the targeted industry. [17] A real life example would be the U.S's sanction on Venezuela's oil industry.
The U.N. Security Council on Tuesday formally ended an arms embargo on the Central African Republic, a largely symbolic move but one that was welcomed by the country’s government as a sign of ...
A divided U.N. Security Council extended an arms embargo on South Sudan Tuesday over protests from the world’s newest nation and abstentions from Russia, China and the council’s three African ...
US President Jimmy Carter imposed an arms embargo on the military government of Argentina in 1977 in response to human rights abuses. [2]An arms embargo was put in place, along with other economic sanctions by the European Economic Community (EEC), within a week of the 1982 invasion of the Falkland Islands by Argentina, two British dependent territories in the South Atlantic. [3]
The United States has imposed two-thirds of the world's sanctions since the 1990s. [1] In 2024, the Washington Post said that the United States imposed "three times as many sanctions as any other country or international body, targeting a third of all nations with some kind of financial penalty on people, properties or organizations". [2]
The divided U.N. Security Council voted Thursday to extend an arms embargo on South Sudan despite appeals from the world’s newest nation, the African Union and half a dozen countries including ...