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A currency exchange bureau worker counts U.S. dollars in December 2011, as Iranian bank notes are seen at right with a portrait of late revolutionary founder Ayatollah Khomeini.

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Global clearinghouse ready to evict Iranian banks

A financial clearinghouse used by virtually every country and major corporation in the world agreed Friday to shut out Iran from its respected network, an unprecedented escalation of global economic pressure to halt Iran’s suspected drive for nuclear weapons.


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