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Category Archives: 22nd Jan 1981

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Iran loses out in hostage deal

Business Standard, 22nd Jan 1981By Chaitanya KalbagJune 3, 2026

From Chaitanya Kalbag TEHERAN, JAN. 21—It was clear that the on-off hostage crisis, which finally came to an end a scant half hour before Ronald Reagan’s swearing in as America’s 40th president on Tuesday, had begun to boomerang badly for the Iranians towards the end.  Today, only two bored Pasdaran (Islamic Revolutionary Guards) stood guard outside the…

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