Dow drops 1,000 points As Oil Prices Climb More

[mudwhistle]

The World Court ordered the return of Iran's own money.
You should know this.
You probably do know this, but saying "Obama sent them cash" sounds so much better to feed your agenda.

1. The background (1970s arms deal)​

In the 1970s, Iran (under the Shah) paid the U.S. $400 million for military equipment.
Then the Iranian Revolution happened, the Shah was overthrown, and the U.S. canceled the weapons sale.

• The U.S. kept the $400 million that Iran had already paid.
• Iran sued the U.S. in an international court (the Iran–U.S. Claims Tribunal in The Hague) to recover the money plus interest.

This dispute went on for decades.

---

2. The 2016 settlement​

In January 2016, during the Obama administration, the U.S. agreed to settle the dispute.

Total settlement: $1.7 billion

Breakdown:

• $400 million — the original payment from the 1970s
• $1.3 billion — negotiated interest

Officials said settling the case avoided the risk of Iran winning much more (potentially billions) in court.

That was a ruse.

Obama was sending them billions to help fund terrorism.

 

[Winco]

That was a ruse.

Obama was sending them billions to help fund terrorism.

You really need to take a break from the Conspiracy Theory Playbook,

How did Obama get Iran to SUE the USA through the International Court?

 

[citygator]

Where it stops, no one knows.

 

[EdwinAMartin]

This means the world-wide cost of oil by the barrel will increase. As will the gas by gallon increase. Also the cost of imported foods will increase as shortages begin. This can cause World Wide Inflation. You to look beyond end of your nose. This huge implications entire world.

So you go over there and spread your own buttcheeks to please your heroes. There are many people who still won't do that, unfortunately for you CCP types. Time to do a scorched earth tactic on all terrorist regimes and gangs, no holds barred. You stick to hiding under your bed and stay the hell out of the way.

 

[EdwinAMartin]

Across the U.S., farmers are struggling. Prices for nearly every major crop are below what it costs to grow them. Farmers in Mississippi are perhaps worse off than farmers in the rest of the country. Rice is one of their biggest crops, and almost no one is buying.

lol no they aren't. The hobby farmers might be hurting but like any other businesses many are doing just fine. IF any are showing such a big surplus as you claim then good, run some sales for domestic consumers.

 

[krichton]

Since this thread went up, the dow has plummetted 3,000 points. Pam Bondi is devastated.