Michael Galant on Muck Rack

Michael Galant

New York
As seen in: Medium, MSN, Yahoo Finance, MarketWatch, The Hill, Foreign Policy Magazine, Common Dreams, Pittsburgh Tribune-Review, Truthout, Inter Press Service and
Left internationalism, economic decolonization; IMF & sanctions at the one good think tank; PhDing on debtors' clubs; NIEO at @Progintl; Opinions mine; he/him
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Articles

Sanctions Watch (May 2026)

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By Michael Galant, Pedro Herrera
| Center for Economic and Policy Research (CEPR)
Close In this edition of Sanctions Watch, covering May 2026: Cuba: US further escalates sanctions and threats of military action grows as Cuba runs out of fuel; Iran: Sanctions and frozen funds hang in the balance as US-Iran peace talks continue; Russia: The Trump administration extends waiver for sale of Russian oil; Gaza: The US sanctions flotilla activists while court orders the lifting of sanctions against UN Special Rapporteur Albanese; Venezuela: Rodríguez announces debt restructuring...
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(Working Paper) The Role of Sanctions in Venezuela’s Collapse: A Critical Comment on Santos et al. (2026)

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By Francisco Rodriguez, Francisco Rodríguez, Michael Galant, Pedro Herrera
| Center for Economic and Policy Research (CEPR)
Abstract Santos, Morales-Arilla, and Partipilo Cornielles (2026) claim that the bulk of the decline in Venezuela’s income preceded the imposition of economic sanctions and that the rate at which the economy contracted did not accelerate after sanctions. Both claims are false. Even if they were true, they would support the authors’ conclusions only if one were to disregard the effect of oil prices on the Venezuelan economy.
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CEPR Sanctions Watch April 2026

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By Michael Galant, Pedro Herrera
| Center for Economic and Policy Research (CEPR)
Fact-based, data-driven research and analysis to advance democratic debate on vital issues shaping people’s lives. Center for Economic and Policy Research 1611 Connecticut Ave.
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