The International Court of Justice (ICJ) has ruled that Iran can proceed with a legal action to recover billions of dollars in frozen assets that the United States says must be paid to purported American survivors and relatives of victims of attacks spuriously blamed on the Islamic Republic.
Amid a massive frozen foods recall involving millions of packages of fruits and vegetables that were shipped to all 50 US states, Canada and Mexico, authorities who want to stem the listeria-linked illnesses and deaths worry, it’ll be difficult to get consumers to dig through their freezers and check for products they may have bought as far back as 2014.
A senior Iranian lawmaker says the baseless ruling by the Supreme Court of the United States authorizing the seizure of about USD 2 billion of Iran’s frozen assets in the US is a serious threat to international law.
Amid the season known for transforming Nebraska into an outdoor ice rink, a University of Nebraska-Lincoln-led research team has predicted a new molecular form of the slippery stuff that even Mother Nature has never borne.
Iranian officials have rejected recent speculations that the value of the country’s assets frozen in overseas banks due to sanctions amount to above $100 billion. The Central Bank of Iran (CBI) - to which the bulk of frozen assets belongs – says only a total of $29 billion of Iranian cash have been blocked as the result of the sanctions.