NO. 33


Financial and Banking News

Budgets & Revenues

Hague Tribunal Orders US to Compensate Iran for Non-Military AssetsSeized

The US/Iran arbitration tribunal in The Hague has ruled that the US mustreturn to Iran non-military assets seized in 1979, or compensate Iran for theirloss. No value has yet been put on the assets. The Hague tribunal ruled that theUS has breached its obligations to return the assets as specified in the 1981Algiers accord, which led to the freeing...