Tag: snapback mechanism


  • The Deep Pit of Khamenei: Snapback Activated, Rial Crashes, Growth Stalls

    The Deep Pit of Khamenei: Snapback Activated, Rial Crashes, Growth Stalls

    Overview: Snapback Activated, Tehran Faces a New Economic Reality The latest move by Britain, France and Germany to trigger the UN snapback under the JCPOA marks a turning point in decades of sanctions drama surrounding Iran. Tehran has long portrayed its nuclear program as a matter of national sovereignty, but the renewed sanctions regime is…