On Friday, the Reserve Bank of Zimbabwe said it was introducing a 100 trillion Zimbabwe dollar bill as part of anti-inflation measures, the African Press Agency reported. The new note is worth about 300 US dollars (9,765 roubles. 226 euros. 202 UK pounds) on the black market. The agency said Zimbabwe was also introducing 10 trillion, 20 trillion and 50 trillion Zimdollar notes. The move set to provide easier access for workers to their salaries from banks comes just four days after the country circulated 50 billion Zimdollar bills on Monday amid the deepening economic crisis. Zimbabwe’s inflation is officially put at 231 million percent, while independent financial institutions it could be estimated at more than 500 quintillion percent. The extended economic crisis has devastated Zimbabwe’s healthcare system, leaving the country virtually incapable of dealing with a cholera epidemic that has already killed over 2,100 people.
16 January 2009
This puts the American and British criticisms of Russia in its proper light. The Russian Near Abroad is not in the Western sphere of influence, but, Zimbabwe certainly is. Yet, the Bushies keep screaming about Russia and are silent as mutes about Africa. I say, it smacks of not-so-subtle racism and prejudice. South Africa is not guiltless, either. These people are suffering and the West could clean up this mess (in their sphere of influence, let me repeat) in a trice. It exposes all the American and British pundits and leaders as vile hypocrites and poseurs. Clean up your own house before you complain of the neighbours…