Word: iranian
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Dates: during 1980-1989
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When it comes to haggling about old debts, Iranian officials give no quarter. Not many dollars either. For two years they hobbled efforts of U.S. bankers and lawyers to settle claims arising from Iran's seizure of U.S. hostages in 1979. So last week, when Iran paid $420 million owed to the U.S. Export-Import Bank, the announcement prompted speculation that the country may be seeking warmer business relationships in the West. State Department officials, though, warned against expecting any improvement...
...agreed to payments of $896 million to U.S. banks from a $1.42 billion escrow fund deposited in the Bank of England as part of the January 1981 hostage-release agreement. Iran had said it would repudiate its debts to American banks in late 1979, after Jimmy Carter froze Iranian assets in the U.S. Bankers from both countries now meet almost daily at the London branch of Iran's Bank Melli to allocate the fund, and participants say the talks have become increasingly free of polemics. The biggest settlement to a commercial bank came in July, when Iran agreed...
...like-is far more common because it is far less lonely. Indeed, it yields a very congenial world populated exclusively by creatures of one's own likeness, a world in which Lincoln pines for his dinner with André or, more consequentially, where KGB chiefs and Iranian ayatullahs are, well, folks just like...
Military analysts believed the latest Iranian campaign, the biggest so far to take place in the rugged Zagros Mountains of Kurdistan, was essentially diversionary. Iraqi officials said they expected an imminent attack on the central front, only 80 miles from Baghdad, now that the rainy season was over...
...fighters equipped with the kind of air-to-surface Exocet missiles that Argentina used against Britain in last year's Falklands war. A likely target for Saddam Hussein: Iran's major oil outlet at Kharg island in the Persian Gulf. The very idea provoked a quick Iranian counterthreat. If France or any other nation intervened in the war by supplying such weapons, or if Iraq seriously damaged the facilities at Kharg island, Majlis Speaker Ali Akbar Hashemi Rafsanjani warned, "Iran will destroy the security of the gulf and prevent a "single ship from entering or leaving." That...