Economic sanctions

President Donald Trump signed an executive order imposing new economic sanctions on Iran and its leaders, including Supreme Leader Ayatollah Ali Khamenei. The measure comes after Iran shot down a U.S. Navy drone over the Persian Gulf.
Some of them agree with President Trump’s decision to recognize the country's opposition leader as the legitimate president.
Nikki Haley had said that Washington was preparing new sanctions over Russia's support of Syrian President Bashar al-Assad.
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Make no mistake: A high-level visit to Iran from the emerging global power portends significant changes to the geopolitical landscape -- and not only in the Middle East.
Lifting the economic sanctions will enable Iran to begin to sell its oil internationally sometime next year, into a world already flooded with oil products, though there is some uncertainty when it will happen.
It will give Janet Yellen's Federal Reserve room to keep interest rates lower longer, thus boosting consumer spending as well as the housing market, which is beginning to show more robust growth with builder confidence at its strongest level since 2005.
In the future, perhaps the United States will be more understanding of the relatively weak Russia's need for a geostrategic buffer zone in Eastern Europe as the more powerful China rises in East Asia and the Americans need an ally to balance it there.