Category Archives: Economic Sanctions

Iran and the Russia Sanctions Bill

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Journal of Political Risk, Vol. 14, No. 8, August 2026

The result of a March 2, 2024 Shahed UAV hitting a nine-story residential building in Ukraine. For years, Iran has produced and sold explosive Shahed drones to Russia for use against Ukraine. Source: Office of the President of Ukraine.

The result of a March 2, 2024 explosive Shahed drone hitting a nine-story residential building in Ukraine. For years, Iran has produced and sold Shaheds to Russia, knowing they are for use against Ukraine. Source: Office of the President of Ukraine.

By Anders Corr

The Senate passed the Russia sanctions bill earlier this month, and now it is expected to pass the House fairly easily. The bill should be passed, as it will increase pressure on Russia’s leadership, economy, defense industrial base, and top foreign enablers. 

The bill is not only about Ukraine, but will help deter Russia from attacking NATO countries. Russia has already used sabotage, influence campaigns, espionage, GPS interference, hacking, and assassination on NATO soil. On July 20 and July 21, the Lithuanian and Polish governments warned that Russia is considering new attacks on NATO allies. These could include the use of captured Ukrainian drones in a false flag or hybrid attack. In addition to Poland and Lithuania, all of the Baltic states and Romania are at particularly high risk. Continue reading →

Putin’s Folly

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Journal of Political Risk, Vol. 10, No. 2, February 2022

Protestors against 2022 Russia invasion of Ukraine, at the Hachiko square in Shibuya, Japan. Protesters drop the Ukrainian flag over the shoulders and hold up signs.

Protestors against 2022 Russia invasion of Ukraine, at the Hachiko square in Shibuya, Japan. Wikimedia.

Richard Shortt, Ph.D.
Leader of New Zealand’s multi-agency Combined Threat Assessment Group

The work of unravelling Putin’s folly in the Ukraine began February 24 with the firing of the first missiles and artillery shells that signalled his invasion. It will be slow, time-consuming work, assuming no national uprisings in either the Ukraine or Russia by ordinary folks demanding an end to the killing and destruction, or more significant interventions by Western powers – both of which I consider unlikely. It will, in all probability, take longer than the time Putin has left sitting on the Russian imperial throne. But it will happen.

We are currently in what I term the Chaos Phase of the work. This is where invasion leads to death, destruction, despair and defiance. It is the defiance that will ultimately lead us to the next phase, meanwhile, troops and civilians will die, infrastructure will be destroyed and damaged and people on all sides of the issue will watch in stunned horror at what modern warfare and forced occupation means in a modern-day European country.

The Russian forces will emerge victorious. There is very little doubt about that, but not before the Ukrainian efforts deliver martyrs who will fuel the next phase – Resistance. Continue reading →

US Trade Leverage Against China: An Interview with the Coalition for a Prosperous America

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Journal of Political Risk, Vol. 9, No. 10, October 2021

The image depicts two Maersk-Sealand 40' containers stacked on top of one another. Train tracks are visible in the background.

China Shipping – Maersk-Sealand 40′ Containers, Quebec, Canada, 2018. Source: Wikimedia.

Anders Corr, Ph.D.
Publisher of the Journal of Political Risk

This interview with Michael Stumo, the CEO of the Coalition for a Prosperous America, was conducted between October 5-6 via email.

Corr: Why and when did the Coalition for a Prosperous America begin?

Stumo: CPA started in 2008. Domestic manufacturers, farmers, ranchers and workers agreed that the biggest threat to their well being, and that of the economy, was the large, persistent US trade deficit.

Corr: How is Biden’s ally focus going for him on the issue of trade with China? Is Biden’s outreach to allies helping him on this issue?

Continue reading →

Myanmar: A Fight For Democracy Against the February 1 Coup

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Journal of Political Risk, Vol. 9, No. 3, March 2021

This article is by an anonymous university student in Myanmar (Burma) who is currently supporting the pro-democracy social movements there against the February 1 coup. Anonymity has been granted to the author due to the threat against his person that might result from a byline.

Protestors hold signs with #Say no to Dictatorship, #Save Myanmar, #Reject Military Coup, #We want Democracy, written on them.

Pro-democracy protesters in Myanmar (Burma) following the February 1, 2021 coup.

On March 15th, the Global Centre for the Responsibility to Protect (GCR2P) announced that they moved Myanmar (Burma) to the “Current Crisis” category, as populations here face crimes against humanity perpetrated by military coup leaders, known as the Junta. That followed the  the March 2 announcement by civil society groups of the Myanmar Military as a terrorist group. Their legitimacy and tactics are, in fact, those of terrorists rather than a government, as they have attacked democratically-elected government officials, and shot randomly into people’s homes in an attempt to quell a rising social movement in defense of President U Win Myint, Daw Aung San Suu Kyi, other government officials, and civil society leaders. Continue reading →

“Winning” the Geopolitical Competition with China

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Journal of Political Risk, Vol. 9, No. 2, February 2021

The image is a cartoon depiction of a graph on an upward trajectory. Following three graph bars, two cartoon chess pieces and a bull's eye continue the upward graph trajectory.

Source: Wikimedia

Randall H. Cook
Consultant

By all accounts, the U.S.-China strategic competition is alive and well.  The news that China displaced the United States in 2020 as the world’s preferred destination for Foreign Direct Investment (FDI) was followed closely by publication of a new “Longer Telegram” proposing a U.S. whole of government strategy to contain PRC Premier Xi Jinping’s ambition to realign the geopolitical structure with China as the new fulcrum.  The Biden Administration has sharply changed tack from its predecessor on a range of policies.  But on China, there is remarkable continuity.  The Trump Administration reset the U.S. strategic paradigm and there will be no going back.  Complex interdependent engagement is out; realist bipolar competition is the name of the new (but really, a back to the future sort of) game.

Continue reading →