US freezes Iranian investments

Title

US freezes Iranian investments

Genre

News report; Speech

TX Date

Unknown

Year of production

1979

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Duration

00:02:31

Description

US President Jimmy Carter has frozen Iranian assets in the USA. In order to do so, a national emergency was declared. But many Iranian assets are in banks overseas and not all states will want to comply with the freeze, for fear of repercussions. Carter has claimed he had no alternative as soon as Tehran said it would remove its investments. US Treasury Secretary, G. William Miller says the hostage situation is very sensitive and he thinks the freeze will not affect them. Flights and deliveries have also been banned between the two countries. The reporter is Andrew Manderstam.

Contributors

Andrew Manderstam; G. William Miller

Keywords

USA; Iran; Embassies and consulates; Tehran; International relations; Jimmy Carter; Investment; Hostages; US Embassy; Diplomats; Banks; Washington DC; US Treasury; Iranian revoution (1979)

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