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Argo the sequel: America and Iran’s hostage deal

Economist Podcasts

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Complex mechanism found for transfer of money from South Korea to Iran

South Korea has finally released money held since 2018 due to sanctions imposed on Iran. The transfer involves a complex mechanism through Korean banks, Switzerland, Qatar, and finally Iran. Republicans claim it to be ransom, but the White House insists that the money can only be used for humanitarian purposes.

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