The message is unmistakable: there are no absolute guarantees and state sovereignty is conditional when it clashes with the interests of powerful states.
Venezuela is likely to become another wasted crisis, resembling events that followed when the U.S. forced regime changes in Libya, Afghanistan and Iraq.
Russia’s exit on November 7, 2023, from the Treaty on Conventional Armed Forces in Europe (CFE), with the U.S. and NATO partners suspending their participating in the treaty highlights real concerns.
U.S. companies, importers and retailers will bear the initial costs which most economists expect to filter through the supply chain as a cost-push inflation.