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In reply to the discussion: So, this $400 million thing is looking like a thing. [View all]csziggy
(34,133 posts)71. U.S. to pay Iran $1.7 billion in legal settlement
Link was posted in reply #1.
By Laura Koran
Updated 6:02 PM ET, Sun January 17, 2016
Washington (CNN) As the Obama administration welcomed the implementation of a major nuclear deal with Iran on Saturday, it also prepared to close the book on another long-standing issue between the two countries: a decades old legal claim.
The U.S. State Department announced the government had agreed to pay Iran $1.7 billion to settle a case related to the sale of military equipment prior to the Iranian revolution, according to a statement issued on Sunday.
Iran had set up a $400 million trust fund for such purchases, which was frozen along with diplomatic relations in 1979. In settling the claim, which had been tied up at the Hague Tribunal since 1981, the U.S. is returning the money in the fund along with "a roughly $1.3 billion compromise on the interest," the statement said.
<SNIP>
The settlement comes as the U.S. is unfreezing a much larger pool of Iranian assets, estimated at between $100-$150 billion, as part of the nuclear deal.
http://www.cnn.com/2016/01/17/politics/us-pays-iran-1-7-billion/
Updated 6:02 PM ET, Sun January 17, 2016
Washington (CNN) As the Obama administration welcomed the implementation of a major nuclear deal with Iran on Saturday, it also prepared to close the book on another long-standing issue between the two countries: a decades old legal claim.
The U.S. State Department announced the government had agreed to pay Iran $1.7 billion to settle a case related to the sale of military equipment prior to the Iranian revolution, according to a statement issued on Sunday.
Iran had set up a $400 million trust fund for such purchases, which was frozen along with diplomatic relations in 1979. In settling the claim, which had been tied up at the Hague Tribunal since 1981, the U.S. is returning the money in the fund along with "a roughly $1.3 billion compromise on the interest," the statement said.
<SNIP>
The settlement comes as the U.S. is unfreezing a much larger pool of Iranian assets, estimated at between $100-$150 billion, as part of the nuclear deal.
http://www.cnn.com/2016/01/17/politics/us-pays-iran-1-7-billion/
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Because someone I've never heard of tells a lie on TV, I'm supposed to get nervous?
MADem
Aug 2016
#54
NO, but when John McCain releases a statement about ransom to a state sponsor of terrorism
renie408
Aug 2016
#61
But it isn't. Didn't cost the US taxpayer a cent. That money was Iranian money anyway.
tonyt53
Aug 2016
#5
problem is, I've seen four discussions on this, and no moderator has mentioned this simple fact
Gabi Hayes
Aug 2016
#8
Yep. I just watched ten minutes of "Obama/Clinton gave $400 million to a state sponsor of terrorism"
renie408
Aug 2016
#16
Here's the simple explanation: When Iran seized US hostages, the US froze Iran's bank accounts.
FSogol
Aug 2016
#7
If you want people to not do the "concern bullshit," then don't post "concern OPs."
MADem
Aug 2016
#10
You're getting push-back because you're not covering the story of the day, which started
MADem
Aug 2016
#60
what dial were you clicking? I saw four stories about PAYMENTS, in the words of the
Gabi Hayes
Aug 2016
#75
EVERYTHING is her fault. one of these aholes on cnn said she's been a lying thief
Gabi Hayes
Aug 2016
#19
they didn't let her talk, for the most part, and when she did, they cut her off.
Gabi Hayes
Aug 2016
#44
have you been watching? the media are doing to this EXACTLY what they did with
Gabi Hayes
Aug 2016
#31
It's not a thing that Iran is being given back THEIR money they've had in a trust for 40-years here.
herding cats
Aug 2016
#29
it doesn't MATTER! nobody is going to hear that over the roar of the pugs lies, and the
Gabi Hayes
Aug 2016
#34
So, since cable news wants to "sexy" it up for their ratings that makes it a concern
herding cats
Aug 2016
#42
pretty amazing cluelessness, isn't it? they don't seem to understand the way
Gabi Hayes
Aug 2016
#43
PEOPLE, IT DOESN'T MATTER WHAT IT IS. IT MATTERS WHAT IT IS BEING PORTRAYED AS...
renie408
Aug 2016
#51
how many people will read that, as opposed to the fact free play it's getting all afternoon
Gabi Hayes
Aug 2016
#62
See, this is why your pre-emptive "Please don't do the 'concern' bullshit" was, well, bullshit
muriel_volestrangler
Aug 2016
#154
I don't know why you're so "concerned" about a network that hired Corey Lewandowski. I mean,
Tarheel_Dem
Aug 2016
#134
you mean the agreement w/Iran that involved unfreezing their assets actually unfroze their assets?
Warren DeMontague
Aug 2016
#81
because the GOP is slo-mo-imploding and they're trying desperately to change the subject?
Warren DeMontague
Aug 2016
#89
when it's uniformly called RANSOM PAYMENTS by moderators like Tapper, and everybody
Gabi Hayes
Aug 2016
#85
I don't watch any of that shit, but like I said, on the internet the story is the GOP falling apart.
Warren DeMontague
Aug 2016
#105
Headlines on msnbc.com: "Allies plot Trump intervention amid turmoil"
Warren DeMontague
Aug 2016
#100
cnn and msnbc are both teasing the ransom....wolf called them cash payments
Gabi Hayes
Aug 2016
#119
OMG, USA gives back Iran it's own money and stops a nuclear arms race. Scandalous
B Calm
Aug 2016
#151
If you have a problem with it, don't vote for Obama in the next election.
Baitball Blogger
Aug 2016
#159