A Man with a Red Bag

Overview

After the First World War, the German government faced economic problems due to the payment of reparations, but this crisis was resolved in Germany under the management of Professor Hjalmar Schacht. After a few years, the oil nationalization movement took place in Iran and Dr. Mohammad Mossadegh invited Schacht to Iran to use his help and advice, but the coup on August 19, 1953 prevented this from happening.

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