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GlossaryWorld

Sanctions

Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.

Also called sanctioneconomic sanctions

Why it matters

Sanctions are used to pressure governments without military action, with costs for both sides.

Sanctions in the news

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Geopolitics

The way geography, resources and power shape relations and rivalries between countries.

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European Union

A political and economic union of European countries with a single market, shared laws in many areas and, for many members, the euro.

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Ceasefire

An agreement between warring sides to stop fighting, temporarily or as a step toward a lasting peace deal.

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Summit

A meeting of heads of state or government to discuss major issues and reach agreements.

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