VOL. XXX

NO. 13

5-JANUARY-1987

Financial and Banking News

LOANS AND ISSUES

US-Iran Negotiations Break Down

Negotiations between the US and Iranian authorities on the release of some$500mn of Iranian assets held by the Federal Reserve Bank (MEES, 24 November1986) suffered a setback last week, when State Department negotiators broke offtalks in The Hague for consultations with their government. The negotiations arebeing conducted within the framework of the Iran-US Claims Tribunal, and hadpreviously...