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The Freedman’s Bank aimed to give those emancipated from slavery a place in the post-Civil War economy. It was badly mismanaged and eventually failed. Skip to Main Content.
Riad Salameh, who was once credited with reviving Lebanon’s post-civil-war economy, has since been blamed for the stunning collapse of its banking sector.
A U.S.-led sanctions campaign aimed to force Syria’s brutal leaders to step aside. A multibillion-dollar illicit drug industry arose to preserve their grip on power.
Tariffs have a long and storied history in the U.S. Tariff proponents today are correct to point out that they were the primary source of revenue for the federal government in the pre-income-tax era.