In June, we wrote here that the administration of President Joe Biden was considering a freeze-for-bribe (“freeze-for-freeze” according to the administration officials) agreement with Iran. Last week, the administration announced a hostage deal with Iran that, beneath the surface, implements this freeze-for-bribe.
At first glance, the agreement is as follows: The U.S. has agreed to release up to $15.5 billion to the Islamic Republic of Iran and has released five Islamic Republic agents held in U.S. prisons. In exchange, Tehran has released five U.S. citizens. $2.7 billion of that money had been released prior to the agreement as a gesture of goodwill. An additional $6 billion was released on Monday, and the rest will reportedly come from the International Monetary Fund.






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