Click here to read the Economist article "Sanctions on Iran: And the price of nuclear power?". This article discusses how Iran continues to defy the international community by further enriching uranium. The article talks about how it is becoming harder and harder for countries to say Iran simply wants to make fuel for nuclear power. That combined with Iran's suffering economy and mismanaged oil investing and development may cause Iran to have to start importing oil. Other countries in the region might replace Iran's oil production and make sanctions less painful for countries like China who get oil from Iran. Russia recently didn't sent a shipment of advanced anti-aircraft missiles to Iran, who it sells weapons to. The United States has been leading countries from not trading with or financing things in Iran, which is both hurting Iran and starting to transition them out of global trade. With Iran already falling out of the global economy, economic sanctions will be less painful for the international community and will also hurt an already struggling Iran. This will also affect Iran's domestic politics, causing more resentment towards the government and their president Ahmadinejad. In 2005 the United States Treasury Department banned a bank that was helping with North Korea, therefore causing foreign banks to stop dealing with North Korea. The same thing has been applied to Iran, making over 80 foreign banks stop working with Iran, causing all sorts of problems for Iran. This is important because it shows how much damage economic sanctions can do. Economic problems can affect government legitimacy, public policy, international trade, and global security. Public opinion in Iran will most likely change if their economy worsens. Money seems to be the determining factor in Iran's nuclear ambitions. Grade this post.