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Nuclear Deal Gives Iran $50b in Cash

Nuclear Deal Gives Iran $50b in Cash Nuclear Deal Gives Iran $50b in Cash

US Secretary of State John Kerry said on Tuesday the amount of cash Iran will receive due to the implementation of the nuclear deal is below $50 billion. "It's below the $50 billion [level]," he told the Senate Foreign Relations Committee, Reuters reported. Iran gained access to about $100 billion in frozen assets when the deal was implemented last month, but much of it already was tied up because of debts and other commitments.

Financialtribune.com