Financial Crime Matters

How Sanctions Became a Way to Wage War and When They Actually Work, with Eddie Fishman.

03 Nov 2025

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In this episode of "Financial Crime Matters," Kieran talks with Eddie Fishman, author of “Chokepoints: How the Global Economy Became a Weapon of War," about the rapid growth in the use of financial sanctions in the 21st Century, with each US president from George W. Bush on imposing sanctions at twice the rate of his predecessor. Drawing on history and his own experience from stints at the US State Department, Pentagon and Treasury, Eddie cites examples of successful and unsuccessful sanctions programs, arguing that the former generally seek to force specific behavioral changes from a targeted government, while the latter are often too ambitious. Sanctions, for example, that seek regime change leave government leaders with little incentive to negotiate. Presidents Bush’s and Obama’s actions against Iran that resulted in the Islamic state suspending efforts to create material for nuclear weapons production under the 2015 Joint Comprehensive Plan of Action (JCPOA) exemplify the successful use of sanctions, Eddie says, adding that a weakness in US sanctions policy is the potential for political change. The Trump administration withdrew from the JCPOA in 2018. Contrary to some characterizations, particularly those from Russian officials, Eddie also argues that sanctions against the Putin regime have stunted Russia’s economy and, consequently, its ability to wage war.

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3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

13:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

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Financial Crime Matters

How Sanctions Became a Way to Wage War and When They Actually Work, with Eddie Fishman.

This episode hasn't been transcribed yet

Other recent transcribed episodes

3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

13:00H | 21 DIC 2025 | Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

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