UPDATE 1-Iran inflation tops 26 pct yr/yr in June -report

July 3rd, 2008

(Reuters) - Iran’s annual inflation rose to 26.4 percent in June, an Iranian news agency cited central bank figures as showing on Thursday, as consumer prices continued to climb steadily in the world’s fourth-largest oil exporter… (read more)

Our Take: Washington, create leverage by exposing the Iranian people’s frustrations with the regime’s poor management of the economy by focusing the international media on the regime’s failed domestic policy.

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