Word: algerian
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...That the U.S. make a "guaranteed deposit" in the Algerian Central Bank. Then, said the Iranians, "whatever amount of the Shah's wealth is cleared up we will take from that deposit." The Iranians also spoke of "procedures" to locate and secure the Shah's estate...
...That the U.S. also deposit the "gold and confiscated wealth" of Iran (a reference to the $13 billion in Iranian assets now frozen in U.S. banks) with the Algerian bank...
Similarly, the President and President-elect have stood together on the hostage crisis in Tehran. In Algiers last week, Deputy Secretary of State Warren Christopher, accompanied by U.S. Ambassador Ulric Haynes Jr., warned Tehran through Algerian intermediaries that Iran could not expect to get a better deal from...
Uncertainty also continued to dominate the delicate, submerged negotiations for the release of the 52 American hostages. An Algerian diplomatic team, which has been acting as go-between, arrived in Washington with a request from Iran for "clarifications." Presumably, these related to the legal obstacles that the U.S. faces in meeting two of Iran's four principal demands: canceling American claims against Iran and returning the late Shah's fortune. The other two demands-a promise not to interfere in Iranian affairs and the unfreezing of $13 billion in Iranian assets-are not thought to pose serious problems...
...plate bearing the African continent is generally pushing north and trying to slip under the Eurasian plate. That movement, under way for millions of years, created the Alps and has helped to stoke such volcanoes as Sicily's Mount Etna. The devastating 7.2 quake that leveled the Algerian city of El Asnam nearly two months ago, killing more than 2,500, occurred almost precisely at one of the points where the African and Eurasian plates are believed to be thrusting against each other. But the Italian peninsula is also being wrenched by other forces within this broad pressure pattern...