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World to Pay Iran $550 Million

CA-CHING

Thanks to the nuclear deal.

cheats/2014/01/12/iran-deal-set-for-january-20/140112-iran-deal-cheat_looph9
Majid Asgaripour/AP

Diplomacy pays off. Iran will receive $550 miillion at the start of February when world powers free part of Tehran's blocked $4.2 billion. The money is part of a temporary agreement to curb Iran's nuclear program and goes into effect Jan. 20. Iran also gets temporary relief from sanctions. The deal says Iran will stop enriching uranium beyond 5 percent, dilute or convert its current stockpile, and cease installing new centrifuges.

Read it at Reuters