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financial sanctions

Financial sanctions are restrictions imposed by governments or international bodies to cut off a person, organization, or country from accessing the global financial system. They can include freezing assets, prohibiting financial transactions, or blocking access to international banks. These measures are typically aimed at influencing behavior, such as enforcing international law, promoting human rights, or discouraging aggressive actions. By limiting financial resources, sanctions seek to pressure the target to change its policies or actions without resorting to military force.