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The U.S. employs broad economic sanctions with increasing frequency despite their poor record of success and the growing body of evidence that they cause significant harm to the populations of the countries where they are imposed. The direct costs of sanctions to the U.S.
The United States, the European Union, Canada, and the UK announced coordinated sanctions against Russia this weekend. The sanctions are designed mainly to block major banks from the SWIFT financial network and isolate families close to President Vladimir Putin. Treasury Secretary Janet Yellen s ...