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Iran’s demand to free hostages far beyond asset value
The New York Times reports Iran seeks roughly 24 billion dollars to deliver or guarantee to Algeria for freeing 52 American hostages. The proposal dwarfs the frozen Iranian assets and Shah assets in the United States and abroad, with a demand for a 10 billion cash guarantee plus a 4 billion placeholder for “other assets.”
MENTIONED IN THIS ARTICLE
New York Times
Washington
Iran
United States
Algeria
Shad
General Motors
Central Bank of
Shah
Treasury Department
Treasury
Shah Mohammad Reza Pahlavi
Carter
Nian
Central Bank
Ment
Thomas G. Shack Jr
Bank Markazi
Bank
Markazi
National Iranian Oil Co
United States Treasury
Federal Re
Serve Bank
New York
Shack
Federal Reserve Bank