He's hired 3, 000 new technical staff and is schooling them in the finer points of procurement, cost estimation and reserve classification.

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Instead of tracking the cost of a long-distance phone call, for example, the new classification simply tracks the cost of telephone services.

FORBES: Inflation Isn't The Point Of Monetary Easing

The banks have tried to operate in Euros, but the dollar squeeze has prompted the OECD to increase Iran's risk classification, thereby increasing the cost of financing for Iranian companies.

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