Opposition members in Zimbabwe’s coalition government are facing a difficult decision regarding their official transportation.
In economically ravaged Zimbabwe, a Mercedes is a symbol of both power and corruption. The cars have been driven by high government officials and flaunted to the populace.
Opposition leader Morgan Tsvangirai, now the Prime Minister, and his allies attacked the Mercedes [...]

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Zimbabwe’s new finance minister said that 88% of the country’s $1 billion budget is funded by custom and excise duties. “Which means that the government has been literally sustained by beer and cigarettes,” said Finance Minister Tendai Biti.
Biti, a member of the opposition in the new Zimbabwe coalition government, called this situation “unacceptable.” He said the [...]

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Zimbabwe’s President Robert Mugabe may not know how to run a country anymore, but he still knows how to throw a party.
With his country in horrendous economic shape, Mugabe celebrated his 85th birthday with a lavish $250,000 party and an 85-kilogram birthday cake. About 2,000 people attended the celebration. Mugabe released balloons into the air [...]

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With inflation running at 231 million percent, Zimbabwe has scrapped its currency.
Finance Minister Patrick Chinamasa announced that the accepted foreign currencies “include the South African rand, the United States dollar, Botswana pula, euro, pound sterling among others.”
Chinamasa presented a 66,500,000,000,000,000,000-Zimbabwean dollar ($3 billion) budget in both the Zimbabwean and foreign currencies.
Signs at both private and [...]

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Grace Mugabe, wife of Zimbabwean President Robert Mugabe, beat up a British photographer in Hong Kong while her bodyguard held him down. That was enough for Mugabe to earn herself Foolocracy’s “Fool of the Week” award.
Mugabe, who was visiting her daughter, a student in Hong Kong, was living her usual high lifestyle. The photographer sought [...]

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Robert Mugabe has been the President of Zimbabwe since 1980. That is 28 years, but he is still finding people to blame for the country’s misfortunes.
Zimbabwe is a country in chaos. Its economy is ruined with inflation running in the hundreds of millions percent. People have to spend a check as quickly as they get [...]

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For the first time, the police and army clashed on the streets of Harare, Zimbabwe. Again, the incident started after soldiers were unable to withdraw money from a bank. They protested and were joined by civilians. The police arrived and both sides clashed.
Mugabe is on the edge of losing control. Time for the endgame.
Here are details [...]

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Yesterday, members of the Zimbabwe military rioted after a bank lacked the money to pay them. Zimbabwe’s perilous financial crisis, with hyperinflation running at 231 million percent, may yet bring down the Mugabe government.
Now, Robert Mugabe has arrested 14 of those soldiers.
The military and security forces have been the only consistent source of support for [...]

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It looks like President Robert Mugabe’s time may finally be running out. That is not to say he will be kicked out in days, but the wall that protects him, the military, is losing its discipline.
About 70 soldiers appeared at a Harare bank to withdraw money. They were told the bank had run out of [...]

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Zimbabwe is poised to set a less-than-proud record. Experts figure that within six weeks, Zimbabwe will establish the highest rate of inflation ever recorded.
Inflation is growing at 516 quintillion percent. That is 516 with 18 zeros or 516,000,000,000,000,000,000%. Ouch! 
With that, Zimbabwe moved into second place passing up Yugoslavia in 1994. Only Hungary in 1946 had [...]

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