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There is still time for diplomacy, including tighter sanctions.
Ceteris paribus, tighter sanctions, more volatile macroeconomic shocks and lower income inequality worsen the trade-off.
Businesses and consumers are suffering from the effects of much tighter sanctions imposed in 2011.
The United States has pressed for tighter sanctions against Iran, something China has resisted.
But without the threat of tighter sanctions western policy has no teeth.
The UN security council met yesterday and Washington threatened "significant consequences" – code nowadays for "tighter sanctions".
At least the Treasury, it seemed, was benefiting from the tighter sanctions regime.
Sixth, let's enforce tighter sanctions, but only if harnessed to a plausible outcome.
Pyongyang said the moves were justified, but the United Nations punished them with tighter sanctions.
He has backed tighter sanctions against Iran, even as he has protested the possibility of a rush to war.
As it did in 2009, the U.N. Security Council condemned the launch and called for tighter sanctions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com