Skip to comments.Iran to Receive $550 Million on February 1
Posted on 01/12/2014 9:25:21 PM PST by Eleutheria5
Iran will receive the first $550 million installment of a total of $4.2 billion in previously blocked overseas funds on or about February 1, a senior U.S. official told Reuters on Sunday.
The money will be transferred to Iran as part of the implementation of the nuclear deal reached with it in Geneva on November 24.
Earlier Sunday, President Barack Obama confirmed that the agreement would be implemented starting January 20. Under the agreement, six major powers agreed to give Iran access to $4.2 billion in revenues blocked overseas if it carries out the deal, which offers sanctions relief in exchange for steps to curb the Iranian nuclear program.
Some payments are contingent on Iran diluting its stockpile of 20 percent enriched uranium to no more than 5 percent enriched uranium. The U.S. official, who spoke to Reuters on condition of anonymity, said that the first $550 million will be transferred February 1, and will be followed by another $450 million on March 1.
Other installments of $450 million and $550 million each will follow until July 20, the source said.
(Excerpt) Read more at israelnationalnews.com ...
Gee, I had thought that about $5 billion of stuck bank assets had already been opened up for Iran?
Who has the real scoop on Iranian assets held up for the past few years??
They get their money back, plus they get the bomb.
What’s not to like?
That’s what I call SMART DIPLOMACY!!!
It shows what traitors we have in power. Unfortunately, I think the traitors will remain in power, far into the future. President Hillary, really sounds bad.
It’s not so much dumb as it is intentional sabotage. While Obama tries to make it APPEAR (to the masses) as if he’s trying to do what’s right for America, in almost every instance, in the final analyses, he’s done more harm than good, in some cases far more. It’s a clever 1 step forward, 2 steps back deception.
How I hate our overlords.
Anybody remember Hans Blix? He was the guy who couldn't find his bare ass in the dark with both hands and a flashlight.
I wonder if he is still available to do the verification . . .
Verification? What? You don’t trust them?/s
Nuking and destroying the whole middle east would set Islam back a thousand years.
Imagine, a thousand years of peace.
Hurray for the governments of New Zealand, Beliz and Australia, where all the non-deads will be.
> the first $550 million will be transferred February 1, and will be followed by another $450 million on March 1. Other installments of $450 million and $550 million each will follow until July 20...
And because of Zero’s Rule-By-Decree approach, this will happen whether the Senate ratifies or not — but the Senate *will* ratify. Thanks Eleutheria5.
This be equal to Bush giving Saddam Hessian money before GWI or GWII.
Oh yea. Forgot about the rats that got away.
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