Coercive measures are reaching another level.

Written by:Diomer Antonio Galán Rincón.

Bachelor's Degree.Public Accounting / MSc.Science of Higher Education.

During these last years the strategies of the pruning nations have changed, from traditional wars to non-conventional wars, now sanctions of all kinds are used, such as financial, economic and even sporting sanctions.

The policies of economic wars are setting the tone, it is the favorite practice of the United States and its allies, this strategy of economic siege was used in 1950 against Cuba in response to the nationalization of American companies, certainly from that year until now sanctions have increased and have impacted the development of the country as a nation.

Also in 2015, Barack Obama, qualified Venezuela as an unusual and extraordinary threat to the security of the United States and sanctioned the country economically with more than 502 coercive measures to date, the largest amount of sanctions that have been made to any country in a period of 7 years.

This policy of economic warfare is the one used by the United States in different parts of the world such as North Korea, Iran and China with the imposition of tariffs during Donald Trump's term of office, since those countries that do not align themselves with it suffer the consequences.

Currently the United States, NATO and their allies are applying these same mechanisms against Russia, singling out several Russian banks from the Swift banking interconnection system and have frozen the assets of Russia's central bank, hitting the Russian population harder than the government.

These measures have undoubtedly impacted some markets such as the oil and gas markets, and I particularly think that all this is happening because of the natural resources and the declining economy of some developed countries, which is facing a sharp fall that will not be easy to recover from, since the manufacturing of wars and sale of weapons that they have lived all their lives, is not the case nowadays.

Undoubtedly, all these measures are given by particularities of some countries to be able to exercise dominion over others and take the best economic advantage to improve their economic conditions in the medium and long term, as a result of the sanctions against Russia, the United States placed its oil reserves to make up for the absence and lower the price of oil, but it has not been effective and the oil barrel is surpassing historical values.

Let's hope that the conflicts can be overcome soon for the welfare of the planet and not trigger a major problem.

I would like to know your opinion on this matter, please let me know in the comments below.