Zimbabwe inflation hits new high
The following article just shows how bad Zimbabwe, under Robert Mugabe, is spiralling out of control.
Also worth noting are these paragraphs from the article:
Zimbabwe's annual inflation rate jumps to 7,638% in July according to the first official figures for three months.
Also worth noting are these paragraphs from the article:
Last month, the International Monetary Fund warned annual inflation could
reach 100,000% by the end of the year.
Unemployment stands at about 80%
and there are mass shortages of fuel and foodstuffs.
via BBC News World UK Edition on Aug 22, 2007
Zimbabwe's annual inflation rate jumps to 7,638% in July according to the first official figures for three months.
Labels: Economics, International Relations, Politics, Zimbabwe

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