Tuesday, February 4, 2014

Iran: US sends $550m

From Reuters:

U.S. Treasury confirms $550m transfer to Iran

WASHINGTON Mon Feb 3, 2014

A U.S. Treasury spokeswoman said the transfer began Jan. 31 and would be complete early this week but declined to specify which foreign banks were involved.

No U.S. banks were involved in the transactions, but the United States, which has extensive sanctions on Iran tied to its disputed nuclear program, helped facilitate the transfer of funds, the spokeswoman said.

The money is the first installment of $4.2 billion in blocked oil funds that were to be made available to Iran under the nuclear deal signed in November. Iran received limited sanctions relief in exchange for agreeing to curb its nuclear activities.

Emphasis mine.  That 'nuclear deal' is the one where Iran agreed to talk, but has bragged about how they have agreed to nothing at all.

What could possibly go wrong, with John Kerry acting as the bag man for the MIC?  Move along, nothing to see here.

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