Adam Tooze: How Sanctions Work (and Why they Often Don't)
Representatives of Iran, the United States, and European countries met this week in Vienna for more talks on reviving the 2015 Iran nuclear deal, but all sides seemed doubtful that an agreement could be reached.
On Ones and Tooze this week, Adam Tooze and Cameron Abadi discuss the toll U.S.-led sanctions have had on Iranians for much of the past decade—devastating the country’s economy but failing to curb its nuclear program.
Also on the show: The travel and tourism industries accounted for a whopping 10.4 percent of GDP worldwide. Then COVID-19 came along.