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CEPR Sanctions Watch February 2026

CEPR Sanctions Watch February 2026

Trump’s oil blockade fuels a crisis in Cuba as the US and Israel strike Iran. Trump eases sanctions on Venezuela’s oil and gas sectors, while Canada relaxes sanctions on Syria. The EU fails to adopt its 20th package of Russia sanctions.

The Mexican Navy ship ARM Huasteco (AMP01) is seen on the shores of Havana on March 1, 2026. On February 24, the Mexican government dispatched two military ships carrying nearly 1,200 tons of supplies to Cuba, the second shipment sent to the island, which is mired in a deep economic crisis and under intense pressure from the United States. (Photo by ADALBERTO ROQUE / AFP via Getty Images)
Iran: A Brutal Dictator is Dead

Iran: A Brutal Dictator is Dead

The experiences of Libya, Iraq, and Afghanistan suggest that removing Iran’s leadership may not deliver stability or democracy, but instead risk prolonged chaos and conflict.

By Dean Baker

An anti-Iranian regime protester hold a placard picturing the Iranian flag before the 1979 revolution with the Lion and Sun emblems and reading a message asking for a change of regime, during a march in support of the US and Israel attack on Iran and the killing of Iran's supreme leader, in Paris on March 1, 2026. Iranian state television confirmed the death of Iran's supreme leader Ayatollah Ali Khamenei on February 28, 2026, after US President said he had been killed. The announcement came after the United States and Israel started launching waves of strikes against targets in Iran, sparking swift retaliation by the Islamic republic. (Photo by Anna KURTH / AFP via Getty Images)
China is Running Out of People, Again

China is Running Out of People, Again

Warnings of an “existential” population crisis in China collapse once productivity growth and basic demographic arithmetic are taken seriously.

By Dean Baker

Bustling China street scene with vibrant red banners strung between tall, weathered buildings. Neon signs glow, and a busy crowd fills the marketplace below.
CEPR Sanctions Watch January 2026

CEPR Sanctions Watch January 2026

Trump eases some sanctions on Venezuela’s oil sector while maintaining the naval blockade and threatening tariffs on countries shipping oil to Cuba. Treasury Secretary Bessent says protests in Iran were sparked by sanctions-fueled economic crisis. 

Cerro El Ávila - Caracas. Cityscape view with tall buildings in the foreground and lush, green mountains in the background under a clear blue sky.
Chinese AI Seems to Be Jumping Ahead

Chinese AI Seems to Be Jumping Ahead

China’s MiniMax M2 AI model delivers comparable performance to U.S. systems at a fraction of the cost, raising concerns about market bubbles and energy efficiency in the US AI sector.

By Dean Baker

A vibrant cityscape in China at night features bright, illuminated skyscrapers and glowing orange and blue lights. A digital network overlay adds a futuristic AI and technology feel.