July 2, 1981 (Thursday)
- Iran hostage crisis: The United States Supreme Court ruled unanimously that then-President Jimmy Carter had acted within his authority when he agreed in the Algiers Accords to release frozen Iranian assets no later than July 19, in return for the release of 52 American hostages from Iran. The decision, made only 8 days after the Court heard arguments, cleared the way for $2.3 billion to be transferred from U.S. banks to Iran. Earlier on the same day, eight of the former hostages sued Iran in federal court, seeking $5,000,000 apiece, despite a waiver of the right to sue as part of the same accords.
Read more about this topic: July 1981
Famous quotes containing the word july:
“This, it will be remembered, was the scene of Mrs. Rowlandson’s capture, and of other events in the Indian wars, but from this July afternoon, and under that mild exterior, those times seemed as remote as the irruption of the Goths. They were the dark age of New England.”
—Henry David Thoreau (1817–1862)