Sentences with phrase «heavy international sanctions»
The South American country has under heavy international sanctions due human rights abuse and corruption and, thanks to extreme hyperinflation, the bolivar has lost 97 % of its value against the US dollar.
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Although sanctions on Iran are not as heavy as they used to be before the 2015 nuclear deal with the West, Iran is still mostly cut off from major international payment networks such as Visa and Mastercard, and services such as PayPal.