| Submit your comments on this article |
| Syria-Lebanon-Iran |
| But wait - there's more: Kerry Says U.S. to Pay Iran $1.7 Billion in Debt and Interest |
| 2016-01-18 |
[AnNahar] The United States is to repay Iran a $400 million debt and $1.3 billion in interest dating to the Islamic revolution, Secretary of State John F. I was in Vietnam, you knowKerry Former Senator-for-Life from Massachussetts, self-defined war hero, speaker of French, owner of a lucky hat,conqueror of Cambodia, and current Secretary of State... said Sunday. The repayment, which settles a suit brought under an international legal tribunal, is separate from the tens of billions of dollars in frozen foreign accounts that Iran can now access after the end of nuclear sanctions. But the timing of the announcement, one day after the implementation of the Iran nuclear accord, will be seen as pointing to a broader clearing of the decks between the old foes. U.S. President Barack Obama ...I am not a dictator! defended the settlement in a televised statement from the White House, saying it was for "much less than the amount Iran sought." "For the United States, the settlement could save us billions of dollars that could have been pursued by Iran. There was no benefit to the United States in dragging this out," he said. Kerry said the claim was in the amount of a $400 million trust fund used by Iran to purchase military equipment from the United States prior to the break in diplomatic ties, plus $1.3 billion in interests. Iranian-U.S. ties broke down in 1979 after revolutionaries -- angered at U.S. support for the Iran's deposed monarch -- stormed the American embassy and took hostages. In 1981, the Iran-U.S. Claims tribunal was established in The Hague to settle outstanding debts between the two countries, and Tehran filed a suit demanding the arms payment be returned. Kerry described Sunday's payment of the 35-year-old trust as a "fair settlement," but it is sure to draw the ire of those in Washington who think he had already made too many concessions to secure the nuclear deal. "Iran will receive the balance of $400 million in the Trust Fund, as well as a roughly $1.3 billion compromise on the interest," he said, in a statement. Better than a 300% return. Not bad, not bad at all. Sure beats the Social Security Trust Fund. "Iran's recovery was fixed at a reasonable rate of interest and therefore Iran is unable to pursue a bigger tribunal award against us, preventing U.S. taxpayers from being obligated to a larger amount of money." Kerry went on to say all of the U.S. claims against Iran at the tribunal had long been settled and had netted American companies and individuals $2.5 billion. But he added there are more Iranian claims pending and that the United States would try to negotiate to resolve them. |
| Posted by:trailing wife |
| #18 The US as per Nuke Deal is repor also supposed to halt any + all US-led INTERPOL investigations of a number of Iranian nationals = Bad Boyz/Shias??? |
| Posted by: JosephMendiola 2016-01-18 23:17 |
| #17 #13, methinks you forgot "TAHMATO/TAHMAHTO" + couple others. |
| Posted by: JosephMendiola 2016-01-18 20:01 |
| #16 Honestly, I cannot wait to be a part of the shjt hitting the fan! |
| Posted by: chris 2016-01-18 19:39 |
| #15 It is clear to me that outrage is beyond the emotional scope of many of the people who live here. They literally accept any tripe as appropriate, and Champ and ValJar have destabilized the middle east to the point of war. As soon as the funds were released the Iranians pledged to buy 114 airbus aircraft, a huge act to dissuade any European power from participating in the SnapBack snactions that we are going to claim after they violate every aspect of this ridiculous agreement with Iran. Kerry is as dumb as he sounds, and Champ is anything I ever imagined an American President could be and not be impeached. |
| Posted by: NoMoreBS 2016-01-18 16:57 |
| #14 To continue the thought to the next level: members of the Master Religion may not pay interest. Dhimmis exist to be sheared like sheep and harvested like a field of grain, so them (us!) paying compound interest that increased the amount we have to hand over by an order of magnitude is just fine. |
| Posted by: trailing wife 2016-01-18 12:21 |
| #13 I thought interest was forbidden. Interest is forbidden, but fees are fine. Tomayto/tomahto, but don't tell anyone. |
| Posted by: trailing wife 2016-01-18 12:17 |
| #12 IED's and Boomber Jackets don't come cheap you know! |
| Posted by: CrazyFool 2016-01-18 12:15 |
| #11 Interest that furthers jihad is permitted, it seems. |
| Posted by: gorb 2016-01-18 12:08 |
| #10 Only silver lining here is that Champ has made our currency all but worthless. |
| Posted by: Iblis 2016-01-18 11:07 |
| #9 Good point RC |
| Posted by: Rex Mundi 2016-01-18 08:51 |
| #8 I thought interest was forbidden. |
| Posted by: Rob Crawford 2016-01-18 06:54 |
| #7 How much did these surrendering fools promise the Castro Brothers? |
| Posted by: Airandee 2016-01-18 06:46 |
| #6 "much less than the amount Iran sought." OH, alright then. We sure are lucky we have John Kerry and Hussein Obama doing the negotiations. And what did the Iran give us besides a fudge covered finger and a couple of girls pink bicycles? |
| Posted by: Bob Spater2856 2016-01-18 05:08 |
| #5 I can't wait to see what his lifestyle starts to look like when he's out of office. As long as he's out of office. |
| Posted by: g(r)omgoru 2016-01-18 03:08 |
| #4 ... of taxpayer money. I can't wait to see what his lifestyle starts to look like when he's out of office. |
| Posted by: Raj 2016-01-18 02:07 |
| #3 U.S. President Barack Obama defended the settlement in a televised statement from the White House, saying it was for "much less than the amount Iran sought." This from a man who spends $8,000,000. on a two week Hawaii vacation. |
| Posted by: Besoeker 2016-01-18 00:56 |
| #2 The will have to extort the rest of the $1T. |
| Posted by: gorb 2016-01-18 00:50 |
| #1 U.S. President Barack Obama defended the settlement in a televised statement from the White House, saying it was for "much less than the amount Iran sought." They asked for a trillion dollars and the nuclear bomb. He only gave them $1.7B and the nuclear bomb. |
| Posted by: gorb 2016-01-18 00:49 |