Latest update June 12th, 2026 12:35 AM
Mar 11, 2020 Letters
DEAR EDITOR,
I have observed with consternation the flippant way persons have been addressing the issue of possible sanctions being imposed on our country by the ABC countries and the European Union. Persons are behaving as if we can withstand these sanctions and that they will not cause any hardships on our citizens.
I believe that it is important that we edify ourselves on the effects sanctions could have on us.
According to a study by Neuenkirc and Nuemeier (2015), the US and UN economic sanctions had a statistically significant impact on the target country’s economy by reducing GDP growth by more than 2 percent a year.
The study also concluded that the negative effects typically last for a period of 10 years amounting to an aggregate decline in the target country’s GDP per-capita of 25.5 percent. The study also noted that sanctions are the only measure separating a country from military action being taken against them.
Here is a list of 7 usual effects of economic sanctions on a country:
1. Economic sanctions lead to an increase in the poverty gap and depressed sections of the population feel the most impact.
2. Elites manage to negotiate the adverse effect to a greater level than the poorer citizens.
3. Sanctions have a damaging effect on income inequality and impact ordinary people more than the sanctioned country leaders.
4. Sanctioned regimes selfishly attempt to magnify the sanctions’ negative effect on the economy to prevent the population from revolting.
5. The negative impact that sanctions have on economic growth affect women, minority communities and other marginalised groups to a greater extent.
6. Sanctions have a significant negative impact on the living standards and humanitarian situation of the population in the sanctioned state.
7. Sanctions lead to less aid getting through, which further exacerbate the situation.
That said, there must be an understanding about sanctions imposed against a country, and sanctions imposed against offending individuals.
For example, sanctions were imposed on Major General Gabriel Amisi Kumba and John Numbi, a former senior police officer of the Democratic Republic of Congo in 2019 by the United States. These two were seen as the major contributors to the delaying of elections and the suppression of the opposition. All their and their families’ financial assets in the US were blocked and Americans were banned from engaging in any financial transaction with them.
In 2019 also, officials of the Venezuelan government were also sanctioned by the United States. All assets held in the United States were blocked and were restricted from being transferred, paid, exported, withdrawn or otherwise dealt with. All business transactions with those officials were prohibited. This therefore forced countries and companies to choose between doing business with the US or the Venezuelans.
After the less than credible elections in Belarus in 2019, the ABC countries along with the European Union imposed sanctions on the following individuals: – all the government officials who made up the new government; persons from the Election Centre who seemed to have participated in assisting with the fraudulent elections; and journalists who promoted the government’s fraudulent position.
These individuals were banned from travelling to any of the countries that imposed the sanctions, along with restriction from travelling on airlines owned by companies domiciled in any of those countries.
These are just three examples; there are much more that can be used.
These examples, however, highlight that once it is deemed that you in any way played a role in electoral fraud, there are consequences and the possibility of individual international sanctions.
It is my sincerest hope that good sense prevails and GECOM completes the process of verifying votes using the Statements of Poll, in accordance with the law, or returns to the ballot boxes to conduct a full recount so that the 2020 General and Regional Elections can be deemed credible.
Yours truly,
S. Greaves
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Jun 12, 2026
– Sri Lanka suffer 7-wicket defeat Kaieteur Sports – Another batting clinic from Windies skipper Shai Hope, backed by fiery spells from Jason Holder and Shamar Joseph, piloted the Caribbean...Jun 12, 2026
(Kaieteur News) – We now have smart phones, online banking, and contactless payments. You can transfer credit from your phone to a friend but yet you find that some businesses still do not have the means or refuse to accommodate electronic payments. Given the spread of digital and electronic...Jun 07, 2026
By Sir Ronald Sanders (Kaieteur News) – Antigua and Barbuda is one of the smaller countries of the Caribbean. Yet small states have often advanced ideas that have significance beyond their size. The decision by the Government of Antigua and Barbuda, led by Prime Minister Gaston Browne, to make...Jun 12, 2026
Hard Truths by GHK Lall (Kaieteur News) – My position was always clear. Excellency Sarah Ann Lynch, U.S. Ambassador to Guyana during 2019-2024, was more than a Foreign Service professional, more than a political appointment. What the CIA did to the PPP’s Cheddi Jagan in the 1960s through the...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com