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      Archive: 1/13/2014
      02:13
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      News Brief

        1/13/2014, Shevat 12, 5774

      Iran to Receive $550 Million on February 1


      Iran will receive the first $550 million installment of a total of $4.2 billion in previously blocked overseas funds on or about February 1, a senior U.S. official told Reuters on Sunday.

      The money will be transferred to Iran as part of the implementation of the nuclear deal reached with it in Geneva on November 24.