Word: shah
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...orders pass: Prime Minister Ohira in Japan; the Shah in Egypt; and Tito, who one thought would live forever. In the background, like presiding ghosts, the hostages in Iran serve as emblems of national impotence; Walter Cronkite's counting of the days growing weary and meaningless among Milquetoast threats and a tragic rescue fiasco. As if to sustain the world's heartache, the year heads toward Christmas with the killing of a Beatle...
Just before Christmas there seemed to be new hope. Negotiations focused on technical financial questions of returning frozen Iranian assets, canceling U.S. claims against Iran and disposition of the late Shah's wealth-if it can be found -that should be solvable. But Iran's high-handed demand that the U.S. deposit $24 billion in Algeria raised anew the question of whether the often irrational and always faction-torn Tehran government can summon the political will to free the captives. After so many disappointments, few Americans will believe that it can until all the hostages are actually...
...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...
...report was false. Behzad Nabavi, head of the Iranian committee that is negotiating with the U.S., flatly denied the report. He also asserted that Washington's proposal in response to one of the Iranian demands, that of allowing U.S. courts to decide the fate of the late Shah's fortune, "is absolutely not acceptable...
...hostage discussions, told TIME: "We can probably look forward to seeing the hostages released as soon as possible. I would not be surprised if they were let go before Reagan became President." In New York, Paul O'Dwyer, the lawyer who represents Iran in its claims against the Shah's wealth, noted that the Iranians have not asked him to arrange for clergymen to visit the hostages this Christmas, as they did last year. Though State Department officials consider such comments overly optimistic, they do not rule out a timely resolution to the hostage problem. Cautioned one Administration...