Sanctions in example sentence

Creditors, asserting their right to be repaid in full, historically have created as many legal and political obstacles to default as possible, insisting on harsh sanctions – garnishment of income, for example, and, at the extreme, imprisonment or even slavery – for borrowers’ failure to honor their debt obligations.

More example sentences with word sanctions

Now anonymous companies are great for sanctions busting too.

As the Iranian government found out when, through a series of front companies, it owned a building in the very heart of Manhattan, on Fifth Avenue, despite American sanctions.

So when a terrorist is corresponding with somebody else who's not known to us but is engaged in doing or supporting terrorist activity, or someone who's violating international sanctions by providing nuclear weapons-related material to a country like Iran or North Korea, is trying to hide that activity because it's illicit activity.

And even five years ago, many people would have said that bank secrecy will be with us forever in Switzerland, that Switzerland was too powerful for the rest of the world, and then suddenly it took a few U.S. sanctions against Swiss banks for a big change to happen, and now we are moving toward more financial transparency.

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