Iran and the Global Economy
The escalating confrontation between the United States and Iran over the latter’s nuclear program has triggered much debate about what actions should be taken to ensure that Iran does not develop a nuclear weapon. How might certain actions against Iran affect the global economy? FAS released the results of a study, “Sanctions, Military Strokes, and Other Potential Actions Against Iran” which assesses the global economic impact on a variety of conflict scenarios, sanctions and other alternative actions against Iran. FAS conducted an expert elicitation with nine subject matter experts involving six hypothetical scenarios in regards to U.S. led actions against Iran, and anticipated three month cost to the global economy. These scenarios ranged from increasing sanctions (estimated cost of U.S. $64 billion) to full-scale invasion of Iran (estimated cost of U.S. $1.7 trillion).
The bootcamp brought more than two dozen next-generation open-source practitioners from across the United States to Washington DC, where they participated in interactive modules, group discussions, and hands-on sleuthing.
Is sole authority solvable, or is it truly the best system possible for nuclear launch authority? If the latter, should we accept that reality?
On September 3, 2025, China showcased its military power in a parade commemorating the 80th Anniversary of the end of World War II. The parade featured a large number of new military weapons and equipment, including new and modified nuclear systems that had not been previously publicly displayed. This parade was also the first time […]
With 2000 nuclear weapons on alert, far more powerful than the first bomb tested in the Jornada Del Muerto during the Trinity Test 80 years ago, our world has been fundamentally altered.