The global power of the dollar

Gideon talks to Wally Adeyemo, US deputy Treasury Secretary, about the power of US financial sanctions to punish autocrats and dictators and curb terrorism. What exactly are these sanctions designed to do and how effective are they? Clip: PBSFree links to read more on this topic:US pushes allies for more sanctions on HamasChina capitalises on US sanctions in fight to dethrone dollarRussia is increasingly using China’s currency to evade sanctionsQatar’s super-fixer role in Israel-Hamas war brings praise and scrutinySubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Simon Panayi.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.